Omega Income Tax Expense from 2010 to 2024

OFLX Stock  USD 42.07  0.62  1.45%   
Omega Flex Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense will likely drop to about 4.7 M in 2024. During the period from 2010 to 2024, Omega Flex Income Tax Expense regression line of annual values had significance of  0.02 and arithmetic mean of  5,650,214. View All Fundamentals
 
Income Tax Expense  
First Reported
2003-03-31
Previous Quarter
1.4 M
Current Value
1.5 M
Quarterly Volatility
709.3 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.3 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.
  
Check out the analysis of Omega Flex Correlation against competitors.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Omega Flex over the last few years. It is Omega Flex's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Flex's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Omega Income Tax Expense Regression Statistics

Arithmetic Mean5,650,214
Coefficient Of Variation50.48
Mean Deviation2,030,544
Median6,594,000
Standard Deviation2,852,032
Sample Variance8.1T
Range11.3M
R-Value0.59
Mean Square Error5.8T
R-Squared0.34
Significance0.02
Slope373,112
Total Sum of Squares113.9T

Omega Income Tax Expense History

20244.7 M
20236.8 M
20227.3 M
20218.9 M
20206.6 M
20195.4 M
20186.5 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense6.8 M4.7 M

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Additional Tools for Omega Stock Analysis

When running Omega Flex's price analysis, check to measure Omega Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.