Omega Total Assets from 2010 to 2024

OFLX Stock  USD 49.24  0.26  0.53%   
Omega Flex Total Assets yearly trend continues to be fairly stable with very little volatility. Total Assets will likely drop to about 59.6 M in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2003-12-31
Previous Quarter
99.6 M
Current Value
102.9 M
Quarterly Volatility
23.3 M
 
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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Omega Flex over the last few years. Total assets refers to the total amount of Omega Flex assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Omega Flex books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Omega Flex's Total Assets 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.
ViewLast Reported 100.23 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Omega Total Assets Regression Statistics

Arithmetic Mean64,131,829
Geometric Mean59,033,708
Coefficient Of Variation37.91
Mean Deviation19,481,649
Median66,274,000
Standard Deviation24,312,887
Sample Variance591.1T
Range77.4M
R-Value0.82
Mean Square Error210.9T
R-Squared0.67
Significance0.0002
Slope4,445,689
Total Sum of Squares8275.6T

Omega Total Assets History

202459.6 M
2023100.2 M
202297.7 M
202188.9 M
202071.6 M
201961 M
201886.8 M

Other Fundumenentals of Omega Flex

Omega Flex Total Assets component correlations

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0.980.70.850.5-0.18-0.180.490.710.02-0.830.170.970.150.420.990.48-0.70.610.53-0.18
0.830.70.580.76-0.01-0.010.580.420.42-0.760.150.790.220.050.670.15-0.720.08-0.01-0.01
0.830.850.580.38-0.62-0.620.420.67-0.19-0.890.210.840.030.610.90.67-0.770.670.57-0.62
0.60.50.760.380.080.080.450.310.45-0.490.130.570.21-0.10.46-0.03-0.480.020.020.08
-0.14-0.18-0.01-0.620.081.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.41.0
-0.14-0.18-0.01-0.620.081.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.41.0
0.550.490.580.420.45-0.29-0.290.21-0.02-0.58-0.630.390.190.380.460.4-0.50.250.2-0.29
0.670.710.420.670.31-0.23-0.230.21-0.06-0.430.420.65-0.380.410.730.52-0.560.260.12-0.23
0.140.020.42-0.190.450.510.51-0.02-0.06-0.070.250.180.52-0.51-0.04-0.50.11-0.54-0.460.51
-0.87-0.83-0.76-0.89-0.490.460.46-0.58-0.43-0.07-0.04-0.87-0.34-0.48-0.85-0.510.8-0.51-0.450.46
0.170.170.150.210.130.060.06-0.630.420.25-0.040.33-0.24-0.070.210.0-0.17-0.06-0.10.06
0.980.970.790.840.57-0.15-0.150.390.650.18-0.870.330.220.340.960.4-0.730.520.44-0.15
0.180.150.220.030.210.220.220.19-0.380.52-0.34-0.240.22-0.220.11-0.310.040.050.160.22
0.350.420.050.61-0.1-0.8-0.80.380.41-0.51-0.48-0.070.34-0.220.50.98-0.440.640.56-0.8
0.960.990.670.90.46-0.28-0.280.460.73-0.04-0.850.210.960.110.50.55-0.730.660.56-0.28
0.420.480.150.67-0.03-0.81-0.810.40.52-0.5-0.510.00.4-0.310.980.55-0.530.60.49-0.81
-0.75-0.7-0.72-0.77-0.480.440.44-0.5-0.560.110.8-0.17-0.730.04-0.44-0.73-0.53-0.29-0.160.44
0.50.610.080.670.02-0.46-0.460.250.26-0.54-0.51-0.060.520.050.640.660.6-0.290.98-0.46
0.410.53-0.010.570.02-0.4-0.40.20.12-0.46-0.45-0.10.440.160.560.560.49-0.160.98-0.4
-0.14-0.18-0.01-0.620.081.01.0-0.29-0.230.510.460.06-0.150.22-0.8-0.28-0.810.44-0.46-0.4
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About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Total Assets, 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
Total Assets100.2 M59.6 M
Intangibles To Total Assets 0.04  0.03 

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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.