Omega Debt To Equity from 2010 to 2024

OFLX Stock  USD 61.16  0.72  1.19%   
Omega Flex Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.04 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.03743852
Current Value
0.0356
Quarterly Volatility
0.0342014
 
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 51.2 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 Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Omega Flex over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Omega Flex's Debt To Equity 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 0.05 %10 Years Trend
Pretty Stable
   Debt To Equity   
       Timeline  

Omega Debt To Equity Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation99.58
Mean Deviation0.02
Median0.02
Standard Deviation0.03
Sample Variance0
Range0.1391
R-Value(0.20)
Mean Square Error0
R-Squared0.04
Significance0.48
Slope(0)
Total Sum of Squares0.02

Omega Debt To Equity History

2024 0.0356
2023 0.0374
2022 0.0452
2021 0.0559
2020 0.0108
2013 0.0211

About Omega Flex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Omega Flex income statement, its balance sheet, and the statement of cash flows. Omega Flex investors use historical funamental indicators, such as Omega Flex's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Omega Flex investors may use each financial statement separately, they are all related. The changes in Omega Flex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Omega Flex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Omega Flex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.04  0.04 

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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.