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 - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 506 % +29.1%
Quick Ratio 104 % +5.08%
Debt-to-equity 24.8 % -22.1%
Return On Equity 24.2 % -24.2%
Return On Assets 19.4 % -19.9%
Operating Margin 22.1 % -10.3%

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 105M USD -10.8%
General and Administrative Expense 16.4M USD -10.5%
Operating Income (Loss) 23.3M USD -20%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 25.4M USD -15.2%
Income Tax Expense (Benefit) 6.32M USD -9.22%
Net Income (Loss) Attributable to Parent 19.2M USD -16.7%
Earnings Per Share, Basic 1.91 USD/shares -16.2%
Earnings Per Share, Diluted 1.91 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.7M USD +14.6%
Accounts Receivable, after Allowance for Credit Loss, Current 13.4M USD -5.97%
Inventory, Net 15.9M USD -8.31%
Other Assets, Current 1.43M USD +28.1%
Assets, Current 76.5M USD +5.3%
Deferred Income Tax Assets, Net 495K USD -34.7%
Property, Plant and Equipment, Net 9.47M USD +8.93%
Operating Lease, Right-of-Use Asset 5.32M USD +69.3%
Goodwill 3.53M USD 0%
Other Assets, Noncurrent 4.33M USD -23%
Assets 99.6M USD +5.56%
Accounts Payable, Current 2.29M USD +22.5%
Liabilities, Current 13.4M USD -14.1%
Accrued Income Taxes, Noncurrent 205K USD -44.6%
Deferred Income Tax Liabilities, Net 21K USD +250%
Operating Lease, Liability, Noncurrent 4.9M USD +80.2%
Other Liabilities, Noncurrent 521K USD -26.3%
Liabilities 18.9M USD -2.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -930K USD -0.65%
Retained Earnings (Accumulated Deficit) 70.4M USD +8.9%
Stockholders' Equity Attributable to Parent 80.6M USD +7.68%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 80.8M USD +7.55%
Liabilities and Equity 99.6M USD +5.56%

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 5.39M USD +71.1%
Payments to Acquire Property, Plant, and Equipment 461K USD +1.77%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 19.2M USD -17.3%
Lessee, Operating Lease, Liability, to be Paid 6M USD +81.1%
Property, Plant and Equipment, Gross 25.4M USD +7.19%
Operating Lease, Liability, Current 482K USD +13.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 836K USD +106%
Lessee, Operating Lease, Liability, to be Paid, Year One 630K USD +38.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +182%
Deferred Income Tax Expense (Benefit) 210K USD -51.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 613K USD +272%
Lessee, Operating Lease, Liability, to be Paid, Year Three 839K USD +185%
Lessee, Operating Lease, Liability, to be Paid, Year Four 769K USD +170%
Deferred Tax Assets, Net of Valuation Allowance 917K USD
Share-based Payment Arrangement, Expense 6K USD -72.7%