Omega Flex, Inc. financial data

Symbol
OFLX on Nasdaq
Industry
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Location
451 Creamery Way, Exton, PA
State of incorporation
PA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 517 % +22%
Quick Ratio 104 % +4.76%
Debt-to-equity 25.1 % -12.2%
Return On Equity 22.7 % -23.6%
Return On Assets 18.1 % -21.5%
Operating Margin 21.3 % -11.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.1M shares 0%
Common Stock, Shares, Outstanding 10.1M shares 0%
Entity Public Float 344M USD -1.16%
Common Stock, Value, Issued 102K USD 0%
Weighted Average Number of Shares Outstanding, Basic 10.1M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 103M USD -9.88%
General and Administrative Expense 16.2M USD -7.88%
Operating Income (Loss) 21.9M USD -19.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 24.2M USD -16.1%
Income Tax Expense (Benefit) 6.05M USD -10.8%
Net Income (Loss) Attributable to Parent 18.2M USD -17.4%
Earnings Per Share, Basic 1.82 USD/shares -16.5%
Earnings Per Share, Diluted 1.82 USD/shares -16.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.9M USD +20.9%
Accounts Receivable, after Allowance for Credit Loss, Current 14.1M USD -12.6%
Inventory, Net 16.1M USD -0.6%
Other Assets, Current 4.85M USD +6.05%
Assets, Current 80.9M USD +8.1%
Deferred Income Tax Assets, Net 495K USD -34.7%
Property, Plant and Equipment, Net 9.51M USD +5.02%
Operating Lease, Right-of-Use Asset 5.32M USD +82.2%
Goodwill 3.53M USD 0%
Other Assets, Noncurrent 3.6M USD -30.2%
Assets 103M USD +7.61%
Accounts Payable, Current 2.59M USD +75.7%
Liabilities, Current 15M USD -0.31%
Accrued Income Taxes, Noncurrent 205K USD -44.6%
Deferred Income Tax Liabilities, Net 336K USD +310%
Operating Lease, Liability, Noncurrent 4.9M USD +97.7%
Other Liabilities, Noncurrent 528K USD -10.1%
Liabilities 20.8M USD +12.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -780K USD +27.6%
Retained Earnings (Accumulated Deficit) 71.6M USD +7.01%
Stockholders' Equity Attributable to Parent 82M USD +6.48%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 82.1M USD +6.37%
Liabilities and Equity 103M USD +7.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.7M USD +83.9%
Net Cash Provided by (Used in) Financing Activities -3.33M USD -3.09%
Net Cash Provided by (Used in) Investing Activities -461K USD -1.77%
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 10.2M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Deferred Tax Assets, Valuation Allowance 176K USD +126%
Deferred Tax Assets, Gross 2.12M USD -26.2%
Operating Lease, Liability 5.66M USD +93.1%
Payments to Acquire Property, Plant, and Equipment 461K USD +1.77%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 18.5M USD -16.8%
Lessee, Operating Lease, Liability, to be Paid 6.37M USD +106%
Property, Plant and Equipment, Gross 25.4M USD +7.19%
Operating Lease, Liability, Current 755K USD +67.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 913K USD +177%
Lessee, Operating Lease, Liability, to be Paid, Year One 946K USD +97.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +275%
Deferred Income Tax Expense (Benefit) 210K USD -51.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 712K USD +351%
Lessee, Operating Lease, Liability, to be Paid, Year Three 877K USD +211%
Lessee, Operating Lease, Liability, to be Paid, Year Four 804K USD +209%
Deferred Tax Assets, Net of Valuation Allowance 917K USD
Share-based Payment Arrangement, Expense 6K USD -72.7%