Omega Net Interest Income from 2010 to 2024

OFLX Stock  USD 40.99  1.13  2.68%   
Omega Flex Net Interest Income yearly trend continues to be fairly stable with very little volatility. Net Interest Income is likely to outpace its year average in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
546 K
Current Value
609 K
Quarterly Volatility
213.5 K
 
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 Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Omega Flex over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Omega Flex's Net Interest Income 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.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Omega Net Interest Income Regression Statistics

Arithmetic Mean333,603
Coefficient Of Variation138.96
Mean Deviation359,552
Median98,000
Standard Deviation463,587
Sample Variance214.9B
Range1.4M
R-Value0.61
Mean Square Error144.8B
R-Squared0.37
Significance0.02
Slope63,419
Total Sum of Squares3T

Omega Net Interest Income History

20241.4 M
20231.3 M
2022174 K
202135 K
2020-39 K
2019876 K
2018488 K

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Net Interest Income, 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
Net Interest Income1.3 M1.4 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.