Omega Flex Balance Sheet Health
Financial Health criteria checks 6/6
Omega Flex has a total shareholder equity of $78.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $100.2M and $21.4M respectively. Omega Flex's EBIT is $25.8M making its interest coverage ratio -15.2. It has cash and short-term investments of $46.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -15.2x |
| Cash | US$46.36m |
| Equity | US$78.85m |
| Total liabilities | US$21.38m |
| Total assets | US$100.23m |
Recent financial health updates
No updates
Recent updates
Shareholders Are Optimistic That Omega Flex (NASDAQ:OFLX) Will Multiply In Value
Feb 16
Omega Flex: Becoming More Appealing, But Valuation Still Relatively High
Jan 22Capital Investments At Omega Flex (NASDAQ:OFLX) Point To A Promising Future
Nov 09Investors Shouldn't Overlook The Favourable Returns On Capital At Omega Flex (NASDAQ:OFLX)
Apr 14Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Jan 12Omega Flex GAAP EPS of $0.65, revenue of $31.63M
Oct 20Omega Flex declares $0.32 dividend
Sep 30Why You Should Care About Omega Flex's (NASDAQ:OFLX) Strong Returns On Capital
Sep 29Does Omega Flex (NASDAQ:OFLX) Deserve A Spot On Your Watchlist?
Jul 31Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Apr 29Here's Why I Think Omega Flex (NASDAQ:OFLX) Is An Interesting Stock
Jan 28Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Sep 20Should You Be Adding Omega Flex (NASDAQ:OFLX) To Your Watchlist Today?
Aug 04Omega Flex's (NASDAQ:OFLX) Dividend Will Be Increased To US$0.30
Jun 12We Discuss Why The CEO Of Omega Flex, Inc. (NASDAQ:OFLX) Is Due For A Pay Rise
Jun 03Here's What You Should Know About Omega Flex, Inc.'s (NASDAQ:OFLX) 0.7% Dividend Yield
Apr 05This Insider Has Just Sold Shares In Omega Flex, Inc. (NASDAQ:OFLX)
Mar 18If You Like EPS Growth Then Check Out Omega Flex (NASDAQ:OFLX) Before It's Too Late
Mar 16Did You Participate In Any Of Omega Flex's (NASDAQ:OFLX) Incredible 410% Return?
Feb 23Declining Stock and Decent Financials: Is The Market Wrong About Omega Flex, Inc. (NASDAQ:OFLX)?
Jan 25Should You Buy Omega Flex, Inc. (NASDAQ:OFLX) For Its Dividend?
Dec 30
Omega Flex declares $0.28 dividend
Dec 11A Quick Analysis On Omega Flex's (NASDAQ:OFLX) CEO Compensation
Dec 01Financial Position Analysis
Short Term Liabilities: OFLX's short term assets ($80.2M) exceed its short term liabilities ($18.1M).
Long Term Liabilities: OFLX's short term assets ($80.2M) exceed its long term liabilities ($3.3M).
Debt to Equity History and Analysis
Debt Level: OFLX is debt free.
Reducing Debt: OFLX has not had any debt for past 5 years.
Debt Coverage: OFLX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OFLX has no debt, therefore coverage of interest payments is not a concern.