Omega Minority Interest from 2010 to 2024
| OFLX Stock | USD 50.46 1.72 3.53% |
Minority Interest | First Reported 2003-03-31 | Previous Quarter 19 K | Current Value 22 K | Quarterly Volatility 46.8 K |
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.
Omega | Minority Interest |
Latest Omega Flex's Minority Interest Growth Pattern
Below is the plot of the Minority Interest of Omega Flex over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Omega Flex whose combined shares represent less than 50% of the total outstanding shares issued by Omega Flex have a minority interest in Omega Flex. It is Omega Flex's Minority Interest 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.
| Minority Interest | 10 Years Trend |
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Minority Interest |
| Timeline |
Omega Minority Interest Regression Statistics
| Arithmetic Mean | 17,043 | |
| Geometric Mean | 61,345 | |
| Coefficient Of Variation | 640.57 | |
| Mean Deviation | 87,826 | |
| Median | 7,000 | |
| Standard Deviation | 109,174 | |
| Sample Variance | 11.9B | |
| Range | 357K | |
| R-Value | 0.42 | |
| Mean Square Error | 10.5B | |
| R-Squared | 0.18 | |
| Significance | 0.12 | |
| Slope | 10,306 | |
| Total Sum of Squares | 166.9B |
Omega Minority Interest History
About Omega Flex Financial Statements
Omega Flex investors use historical fundamental indicators, such as Omega Flex's Minority Interest, 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 Reported | Projected for Next Year | ||
| Minority Interest | 7 K | 6.7 K |
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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.