Omega Other Operating Expenses from 2010 to 2024

OFLX Stock  USD 49.24  0.26  0.53%   
Omega Flex Other Operating Expenses yearly trend continues to be fairly stable with very little volatility. Other Operating Expenses will likely drop to about 72.4 M in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2003-03-31
Previous Quarter
19.3 M
Current Value
19.4 M
Quarterly Volatility
5.9 M
 
Housing Crash
 
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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Omega Flex over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Omega Flex. It is also known as Omega Flex overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Omega Flex's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Omega Other Operating Expenses Regression Statistics

Arithmetic Mean72,574,872
Geometric Mean70,621,689
Coefficient Of Variation22.54
Mean Deviation12,689,586
Median72,438,080
Standard Deviation16,359,927
Sample Variance267.6T
Range56M
R-Value0.85
Mean Square Error80.2T
R-Squared0.72
Significance0.000061
Slope3,108,148
Total Sum of Squares3747.1T

Omega Other Operating Expenses History

202472.4 M
202385.7 M
202294.5 M
202194.9 M
202079.1 M
201989.4 M
201881.9 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Other Operating Expenses, 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
Other Operating Expenses85.7 M72.4 M

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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.