Omega Tax Provision from 2010 to 2024

OFLX Stock  USD 50.46  1.72  3.53%   
Omega Flex Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 5.7 M in 2024. Tax Provision is the amount set aside by Omega Flex to cover any estimated taxes for the current period. It reflects Omega Flex's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
1.4 M
Current Value
1.4 M
Quarterly Volatility
375.4 K
 
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 51.2 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.
  
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Omega Flex over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Omega Flex's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Omega Tax Provision Regression Statistics

Arithmetic Mean7,214,668
Geometric Mean7,158,047
Coefficient Of Variation12.70
Mean Deviation709,998
Median7,603,000
Standard Deviation916,483
Sample Variance839.9B
Range3.4M
R-Value(0.39)
Mean Square Error768.3B
R-Squared0.15
Significance0.15
Slope(79,524)
Total Sum of Squares11.8T

Omega Tax Provision History

20245.7 M
20236.8 M
20227.3 M
20218.9 M
20206.6 M
20195.4 M
20186.5 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Tax Provision, 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
Tax Provision6.8 M5.7 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.