Omega Net Working Capital from 2010 to 2024

OFLX Stock  USD 50.16  0.74  1.50%   
Omega Flex Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 51.3 M in 2024. During the period from 2010 to 2024, Omega Flex Net Working Capital regression line of annual values had r-squared of  0.07 and arithmetic mean of  46,347,551. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
62.1 M
Current Value
51.3 M
Quarterly Volatility
8.3 M
 
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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Omega Flex over the last few years. It is Omega Flex's Net Working Capital 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 Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Omega Net Working Capital Regression Statistics

Arithmetic Mean46,347,551
Geometric Mean45,559,764
Coefficient Of Variation17.81
Mean Deviation5,223,669
Median45,372,000
Standard Deviation8,253,464
Sample Variance68.1T
Range36.3M
R-Value0.27
Mean Square Error68.2T
R-Squared0.07
Significance0.34
Slope489,807
Total Sum of Squares953.7T

Omega Net Working Capital History

202451.3 M
202362.1 M
202253.4 M
202148.9 M
202035.5 M
201925.8 M
201855.2 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Net Working Capital, 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 Working Capital62.1 M51.3 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.