Omega Total Current Liabilities from 2010 to 2024

OFLX Stock  USD 48.74  0.63  1.28%   
Omega Flex Total Current Liabilities yearly trend continues to be fairly stable with very little volatility. Total Current Liabilities will likely drop to about 17.8 M in 2024. Total Current Liabilities is the total amount of liabilities that Omega Flex is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2003-12-31
Previous Quarter
13.4 M
Current Value
15 M
Quarterly Volatility
5.3 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 51.2 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Omega Flex over the last few years. Total Current Liabilities is an item on Omega Flex balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Omega Flex are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Omega Flex's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Omega Total Current Liabilities Regression Statistics

Arithmetic Mean17,633,467
Geometric Mean16,632,134
Coefficient Of Variation30.49
Mean Deviation4,163,582
Median18,405,000
Standard Deviation5,376,941
Sample Variance28.9T
Range16.8M
R-Value0.67
Mean Square Error17.1T
R-Squared0.45
Significance0.01
Slope808,322
Total Sum of Squares404.8T

Omega Total Current Liabilities History

202417.8 M
202318.1 M
202222.4 M
202122.8 M
202021.9 M
201920.5 M
201818.4 M

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Total Current Liabilities, 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
Total Current Liabilities18.1 M17.8 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.