Omega Capital Surpluse vs Deferred Long Term Liab Analysis

OFLX Stock  USD 59.21  0.57  0.95%   
Omega Flex financial indicator trend analysis is much more than just breaking down Omega Flex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omega Flex is a good investment. Please check the relationship between Omega Flex Capital Surpluse and its Deferred Long Term Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Capital Surpluse vs Deferred Long Term Liab

Capital Surpluse vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omega Flex Capital Surpluse account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Omega Flex's Capital Surpluse and Deferred Long Term Liab is -0.53. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Omega Flex, assuming nothing else is changed. The correlation between historical values of Omega Flex's Capital Surpluse and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Omega Flex are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Capital Surpluse i.e., Omega Flex's Capital Surpluse and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Surpluse

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Omega Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omega Flex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.Enterprise Value is likely to rise to about 857.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 17 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit81.5M78.3M64.9M51.2M
Total Revenue130.0M125.5M111.5M85.2M

Omega Flex fundamental ratios Correlations

0.98-0.38-0.18-0.480.830.480.780.640.830.60.84-0.140.790.9-0.140.550.670.30.74-0.01-0.870.80.860.170.54
0.98-0.31-0.21-0.410.70.460.650.550.850.50.82-0.180.770.85-0.180.490.710.370.77-0.11-0.830.830.850.170.49
-0.38-0.310.310.97-0.52-0.12-0.39-0.45-0.26-0.48-0.40.23-0.25-0.560.23-0.95-0.080.48-0.12-0.090.46-0.17-0.410.66-0.95
-0.18-0.210.310.36-0.07-0.1-0.06-0.01-0.630.04-0.571.0-0.23-0.161.0-0.37-0.24-0.34-0.240.590.49-0.29-0.520.12-0.4
-0.48-0.410.970.36-0.56-0.24-0.43-0.42-0.38-0.46-0.510.28-0.35-0.650.28-0.99-0.120.39-0.180.060.56-0.31-0.50.67-0.99
0.830.7-0.52-0.07-0.560.410.980.740.580.760.72-0.010.670.81-0.010.580.420.060.520.29-0.760.550.690.150.57
0.480.46-0.12-0.1-0.240.410.490.00.420.110.61-0.080.090.25-0.080.24-0.180.03-0.11-0.04-0.650.120.61-0.110.24
0.780.65-0.39-0.06-0.430.980.490.690.550.720.72-0.020.580.71-0.020.440.350.080.430.33-0.750.460.690.260.44
0.640.55-0.45-0.01-0.420.740.00.690.440.660.530.030.410.60.030.430.57-0.160.50.48-0.570.40.540.210.43
0.830.85-0.26-0.63-0.380.580.420.550.440.380.93-0.620.680.65-0.620.420.670.520.7-0.34-0.890.760.930.210.44
0.60.5-0.480.04-0.460.760.110.720.660.380.460.080.420.590.080.450.31-0.050.370.38-0.490.320.490.130.45
0.840.82-0.4-0.57-0.510.720.610.720.530.930.46-0.540.580.68-0.540.540.460.330.51-0.16-0.990.610.970.090.55
-0.14-0.180.231.00.28-0.01-0.08-0.020.03-0.620.08-0.54-0.21-0.11.0-0.29-0.23-0.38-0.230.60.46-0.26-0.490.06-0.32
0.790.77-0.25-0.23-0.350.670.090.580.410.680.420.58-0.210.88-0.210.440.750.540.91-0.3-0.550.950.520.230.44
0.90.85-0.56-0.16-0.650.810.250.710.60.650.590.68-0.10.88-0.10.730.640.170.76-0.09-0.70.840.64-0.050.72
-0.14-0.180.231.00.28-0.01-0.08-0.020.03-0.620.08-0.541.0-0.21-0.1-0.29-0.23-0.38-0.230.60.46-0.26-0.490.06-0.32
0.550.49-0.95-0.37-0.990.580.240.440.430.420.450.54-0.290.440.73-0.290.21-0.320.28-0.1-0.580.40.52-0.631.0
0.670.71-0.08-0.24-0.120.42-0.180.350.570.670.310.46-0.230.750.64-0.230.210.450.95-0.16-0.430.830.490.420.21
0.30.370.48-0.340.390.060.030.08-0.160.52-0.050.33-0.380.540.17-0.38-0.320.450.58-0.45-0.230.560.280.62-0.31
0.740.77-0.12-0.24-0.180.52-0.110.430.50.70.370.51-0.230.910.76-0.230.280.950.58-0.24-0.470.940.510.390.28
-0.01-0.11-0.090.590.060.29-0.040.330.48-0.340.38-0.160.6-0.3-0.090.6-0.1-0.16-0.45-0.240.08-0.41-0.110.2-0.12
-0.87-0.830.460.490.56-0.76-0.65-0.75-0.57-0.89-0.49-0.990.46-0.55-0.70.46-0.58-0.43-0.23-0.470.08-0.58-0.97-0.04-0.59
0.80.83-0.17-0.29-0.310.550.120.460.40.760.320.61-0.260.950.84-0.260.40.830.560.94-0.41-0.580.580.210.4
0.860.85-0.41-0.52-0.50.690.610.690.540.930.490.97-0.490.520.64-0.490.520.490.280.51-0.11-0.970.580.090.53
0.170.170.660.120.670.15-0.110.260.210.210.130.090.060.23-0.050.06-0.630.420.620.390.2-0.040.210.09-0.63
0.540.49-0.95-0.4-0.990.570.240.440.430.440.450.55-0.320.440.72-0.321.00.21-0.310.28-0.12-0.590.40.53-0.63
Click cells to compare fundamentals

Omega Flex Account Relationship Matchups

Omega Flex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.0M71.6M88.9M97.7M100.2M59.6M
Total Stockholder Equity37.4M46.1M60.4M71.0M78.7M39.9M
Other Assets1.5M2.1M1.7M6.8M1.00.95
Liabilities And Stockholders Equity61.0M71.6M88.9M97.7M100.2M59.6M
Total Liab23.4M25.2M28.4M26.5M21.4M19.5M
Other Current Liab5.4M5.6M4.9M19.6M15.3M12.3M
Total Current Liabilities20.5M21.9M22.8M22.4M18.1M17.8M
Other Liab2.5M3.1M2.6M1.4M1.6M1.6M
Retained Earnings27.2M35.8M50.1M61.0M68.5M71.9M
Accounts Payable2.4M2.5M3.4M2.3M2.1M2.2M
Cash16.1M23.6M32.9M37.7M46.4M48.7M
Inventory11.1M11.5M15.6M17.8M15.6M9.9M
Other Current Assets2.1M2.1M2.5M2.8M2.9M1.5M
Property Plant Equipment8.9M8.6M8.6M8.4M9.7M7.0M
Property Plant And Equipment Net9.7M9.1M11.9M11.6M11.9M7.8M
Net Debt(15.3M)(23.1M)(29.5M)(34.5M)(43.4M)(41.2M)
Non Current Assets Total14.7M14.2M17.2M21.9M20.0M13.9M
Cash And Short Term Investments16.1M23.6M32.9M37.7M46.4M48.7M
Net Receivables17.0M20.1M20.7M17.5M15.4M15.8M
Non Current Liabilities Total2.9M3.3M5.6M4.1M3.3M3.0M
Property Plant And Equipment Gross9.7M9.1M26.3M26.9M28.3M29.7M
Total Current Assets46.3M57.4M71.7M75.8M80.2M49.9M
Accumulated Other Comprehensive Income(909K)(778K)(827K)(1.1M)(930K)(883.5K)
Short Term Debt369K247K383K447K454K431.3K
Non Currrent Assets Other1.5M1.6M1.7M5.9M4.4M2.3M
Net Tangible Assets33.9M42.6M56.8M67.5M77.6M44.2M
Noncontrolling Interest In Consolidated Entity194K260K189K196K225.4K253.4K
Retained Earnings Total Equity27.2M35.8M50.1M61.0M70.1M36.9M
Deferred Long Term Liab331K121K427K6K5.4K5.1K
Non Current Liabilities Other2.6M3.2M5.2M4.1M603K572.9K
Net Invested Capital37.4M46.1M60.4M71.0M78.7M65.2M
Net Working Capital25.8M35.5M48.9M53.4M62.1M51.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Omega Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Flex Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary 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.
Bonds Directory
Find actively traded corporate debentures issued by US companies
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Omega Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omega Flex. If investors know Omega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omega Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.32
Earnings Share
1.91
Revenue Per Share
10.57
Quarterly Revenue Growth
(0.16)
The market value of Omega Flex is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Flex's value that differs from its market value or its book value, called intrinsic value, which is Omega Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omega Flex's market value can be influenced by many factors that don't directly affect Omega Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omega Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.