A Canadian Government’s website provides financial data for
small Canadian chemical companies. Click
here to go to this website. The data is
based on reporting to the Canadian Government by approximately 2,000 chemical
companies ranging in size form $30,000 (Canadian dollars) to $5 million in revenues. Income statement data are provided, but not
balance sheet data. The average revenue
for all companies is $816,900 and 72.4% of the companies are profitable. The average gross profit margin percentage is
48.1 percent.
The Canadian site provides data for companies offering the following
products: basic chemicals; resins, synthetic rubber, and artificial and synthetic
fibers and filaments; pesticide, fertilizer, and other agriculture chemicals; pharmaceuticals
and medicines; paints, coatings, and adhesives; and soap, cleaning, and toilet
preparations.
The United States Census Bureau has income and balance sheet
data for chemical companies with total assets less than $25 million. Click here to go this data (pdf file). Assets of less than $25 million suggest companies
similar in size to the companies represented at the Canadian government site. The US Census Bureau data includes balance
sheet data, while the Canadian data does not. However, the US income data does not include
cost of sales, so that gross profit margin percentages cannot be computed. The US data also report on chemical companies
by product offerings.
Such financial data for smaller companies, as given by the Canadian
and US governments, can be difficult to find.
This data can be valuable to smaller chemical companies interested in benchmarking
their financial data to other similar-sized companies offering similar products.
No comments:
Post a Comment