Omega Current Ratio from 2010 to 2025

OFLX Stock  USD 40.77  0.20  0.49%   
Omega Flex Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 2.19 in 2025. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.99
Current Value
2.19
Quarterly Volatility
0.74676921
 
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Omega Flex over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Omega Flex's Current Ratio 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 3.66 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Omega Current Ratio Regression Statistics

Arithmetic Mean2.93
Geometric Mean2.85
Coefficient Of Variation25.49
Mean Deviation0.63
Median2.62
Standard Deviation0.75
Sample Variance0.56
Range2.4872
R-Value0.46
Mean Square Error0.47
R-Squared0.22
Significance0.07
Slope0.07
Total Sum of Squares8.36

Omega Current Ratio History

2025 2.19
2024 3.99
2023 4.43
2022 3.38
2021 3.15
2019 2.26
2018 4.0

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Current Ratio, 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
Current Ratio 3.99  2.19 

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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.