Timothy Scanlan - Omega Flex General Counsel and Secretary

OFLX Stock  USD 49.42  0.18  0.37%   

Executive

Mr. Timothy P. Scanlan is General Counsel, Corporationrationrate Secretary of the Company. He is currently a director of the Companys subsidiary, Omega Flex Limited. Previously, Mr. Scanlan was Associate General Counsel with Mestek, Inc., the Companys former parent corporation, from 1993 to 2006. Mr. Scanlan is an attorney admitted to practice law in Massachusetts and Pennsylvania.
Age 68
Address 451 Creamery Way, Exton, PA, United States, 19341-2509
Phone610 524 7272
Webhttps://www.omegaflexcorp.com

Timothy Scanlan Latest Insider Activity

Tracking and analyzing the buying and selling activities of Timothy Scanlan against Omega Flex stock is an integral part of due diligence when investing in Omega Flex. Timothy Scanlan insider activity provides valuable insight into whether Omega Flex is net buyers or sellers over its current business cycle. Note, Omega Flex insiders must abide by specific rules, including filing SEC forms every time they buy or sell Omega Flex'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Omega Flex Management Efficiency

The company has return on total asset (ROA) of 0.1381 % which means that it generated a profit of $0.1381 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2276 %, meaning that it created $0.2276 on every $100 dollars invested by stockholders. Omega Flex's management efficiency ratios could be used to measure how well Omega Flex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.58 in 2024, whereas Return On Tangible Assets are likely to drop 0.17 in 2024. At this time, Omega Flex's Fixed Asset Turnover is fairly stable compared to the past year. Asset Turnover is likely to rise to 1.18 in 2024, whereas Total Assets are likely to drop slightly above 59.6 M in 2024.
Omega Flex currently holds 2.95 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Omega Flex has a current ratio of 3.59, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Omega Flex's use of debt, we should always consider it together with its cash and equity.

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Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America and internationally. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania. Omega Flex operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 170 people. Omega Flex (OFLX) is traded on NASDAQ Exchange in USA. It is located in 451 Creamery Way, Exton, PA, United States, 19341-2509 and employs 168 people. Omega Flex is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

Omega Flex Leadership Team

Elected by the shareholders, the Omega Flex's board of directors comprises two types of representatives: Omega Flex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Omega. The board's role is to monitor Omega Flex's management team and ensure that shareholders' interests are well served. Omega Flex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Omega Flex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Scanlan, General Counsel and Secretary
Edwin Moran, President Director
Steven Treichel, Sr. VP of Corporate Devel. and Facilities Management
Dean Rivest, CEO Director
Kevin Hoben, CEO and President Director, Member of Executive Committee and Chairman of Omega Flex Limited
Susan Asch, General VP
Luke Hawk, Financial Controller
Matthew CPA, VP CFO

Omega Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Omega Flex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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.