Omega Flex, Inc. financial data

Symbol
OFLX on Nasdaq
Industry
Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
Location
451 Creamery Way, Exton, Pennsylvania
State of incorporation
Pennsylvania
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 483 % +29.8%
Quick Ratio 102 % +3.27%
Debt-to-equity 25.3 % -26.9%
Return On Equity 24.8 % -28.1%
Return On Assets 19.8 % -22.8%
Operating Margin 22.1 % -11.4%

Shares

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

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 107 M USD -14.1%
General and Administrative Expense 16.7 M USD -19.4%
Operating Income (Loss) 23.6 M USD -23.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 25.5 M USD -18.4%
Income Tax Expense (Benefit) 6.32 M USD -13.7%
Net Income (Loss) Attributable to Parent 19.2 M USD -19.5%
Earnings Per Share, Basic 1.91 USD/shares -19.4%
Earnings Per Share, Diluted 1.91 USD/shares -26.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 45.3 M USD +27.6%
Accounts Receivable, after Allowance for Credit Loss, Current 14.3 M USD -18.1%
Inventory, Net 15.6 M USD -12.4%
Other Assets, Current 2.4 M USD +15.9%
Assets, Current 77.5 M USD +6.54%
Deferred Income Tax Assets, Net 189 K USD -79.5%
Property, Plant and Equipment, Net 9.13 M USD +6.18%
Operating Lease, Right-of-Use Asset 4.62 M USD +47.2%
Goodwill 3.53 M USD 0%
Other Assets, Noncurrent 4.42 M USD -23.4%
Assets 99.2 M USD +5.23%
Accounts Payable, Current 2.86 M USD +39.4%
Liabilities, Current 14.4 M USD -13.9%
Accrued Income Taxes, Noncurrent 205 K USD -44.6%
Deferred Income Tax Liabilities, Net 21 K USD +250%
Operating Lease, Liability, Noncurrent 4.3 M USD +58.9%
Other Liabilities, Noncurrent 542 K USD -19.1%
Liabilities 19.5 M USD -4.93%
Accumulated Other Comprehensive Income (Loss), Net of Tax -945 K USD +7.9%
Retained Earnings (Accumulated Deficit) 69.4 M USD +9.32%
Stockholders' Equity Attributable to Parent 79.6 M USD +8.15%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 79.7 M USD +8.05%
Liabilities and Equity 99.2 M USD +5.23%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.7 M USD +83.9%
Net Cash Provided by (Used in) Financing Activities -3.33 M USD -3.09%
Net Cash Provided by (Used in) Investing Activities -461 K USD -1.77%
Common Stock, Shares Authorized 20 M shares 0%
Common Stock, Shares, Issued 10.2 M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Deferred Tax Assets, Valuation Allowance 176 K USD +126%
Deferred Tax Assets, Gross 2.12 M USD -26.2%
Operating Lease, Liability 4.68 M USD +48.8%
Payments to Acquire Property, Plant, and Equipment 461 K USD +1.77%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 19.3 M USD -18.8%
Lessee, Operating Lease, Liability, to be Paid 5.33 M USD +60.7%
Property, Plant and Equipment, Gross 25.4 M USD +7.19%
Operating Lease, Liability, Current 387 K USD -12.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 673 K USD +67.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 534 K USD +12.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +190%
Deferred Income Tax Expense (Benefit) 210 K USD -51.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 647 K USD +281%
Lessee, Operating Lease, Liability, to be Paid, Year Three 662 K USD +135%
Lessee, Operating Lease, Liability, to be Paid, Year Four 604 K USD +116%
Deferred Tax Assets, Net of Valuation Allowance 917 K USD
Share-based Payment Arrangement, Expense 6 K USD -72.7%