Omega Net Interest Income from 2010 to 2024

OFLX Stock  USD 66.09  1.05  1.56%   
Omega Flex Net Interest Income yearly trend continues to be fairly stable with very little volatility. Net Interest Income is likely to outpace its year average in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
521 K
Current Value
546 K
Quarterly Volatility
195.2 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 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 exotic 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.
  
This module can also supplement various Omega Flex Technical models . 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 Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Omega Flex over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Omega Flex's Net Interest Income 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.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

Omega Net Interest Income Regression Statistics

Arithmetic Mean333,603
Coefficient Of Variation138.96
Mean Deviation359,552
Median98,000
Standard Deviation463,587
Sample Variance214.9B
Range1.4M
R-Value0.61
Mean Square Error144.8B
R-Squared0.37
Significance0.02
Slope63,419
Total Sum of Squares3T

Omega Net Interest Income History

20241.4 M
20231.3 M
2022174 K
202135 K
2020-39 K
2019876 K
2018488 K

About Omega Flex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Omega Flex income statement, its balance sheet, and the statement of cash flows. Omega Flex investors use historical funamental indicators, such as Omega Flex's Net Interest Income, to determine how well the company is positioned to perform in the future. Although Omega Flex investors may use each financial statement separately, they are all related. The changes in Omega Flex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Omega Flex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Omega Flex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income1.3 M1.4 M

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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.
When determining whether Omega Flex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Flex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Flex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Flex Stock:
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.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.
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Is Omega Flex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Omega Flex. If investors know Omega will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Omega Flex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.32
Earnings Share
1.91
Revenue Per Share
10.57
Quarterly Revenue Growth
(0.16)
The market value of Omega Flex is measured differently than its book value, which is the value of Omega that is recorded on the company's balance sheet. Investors also form their own opinion of Omega Flex's value that differs from its market value or its book value, called intrinsic value, which is Omega Flex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Omega Flex's market value can be influenced by many factors that don't directly affect Omega Flex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Omega Flex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Omega Flex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Omega Flex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.