Omega Return On Equity from 2010 to 2024
| OFLX Stock | USD 50.46 1.72 3.53% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.26386153 | Current Value 0.24 | Quarterly Volatility 0.09203408 |
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 | Return On Equity |
Latest Omega Flex's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Omega Flex over the last few years. Return on Equity is the amount of Omega Flex net income returned as a percentage of Omega Flex equity. Return on equity measures Omega Flex profitability by revealing how much profit Omega Flex generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Omega Flex's Return On Equity 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.
| View | Last Reported 0.23 | 10 Years Trend |
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Return On Equity |
| Timeline |
Omega Return On Equity Regression Statistics
| Arithmetic Mean | 0.33 | |
| Geometric Mean | 0.31 | |
| Coefficient Of Variation | 27.96 | |
| Mean Deviation | 0.07 | |
| Median | 0.33 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.3227 | |
| R-Value | 0.24 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.06 | |
| Significance | 0.39 | |
| Slope | 0 | |
| Total Sum of Squares | 0.12 |
Omega Return On Equity History
About Omega Flex Financial Statements
Omega Flex investors use historical fundamental indicators, such as Omega Flex's Return On Equity, 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 | ||
| Return On Equity | 0.26 | 0.24 |
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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.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.