Cash Ratio Analysis of Omega Flex Inc - Deep Dive


Cash Ratio of OFLX
Dec-23
2.56
Good Cash Ratio
Dec-22
1.68
Indecisive Cash Ratio
Growth
52.22
%
Cash Ratio Analysis of Omega Flex Inc
Cash Ratio of OFLX rose handsomely by 52.22 % this year.
Cash Ratio of OFLX trending up for at least three Years.
Cash Ratio with value of 0.786 was lowest in Year Dec-19 in last Five Years.
Latest Cash Ratio with value of 2.56 is Greater than Average Cash Ratio of 1.51 in last five years.
Other Cash Ratio Related Info of OFLX that may interest you.
Omega Flex Inc Overview
CodePricePrevious PricePrice ChangeSector
OFLX56.6757.21 0.944 % Specialty Industrial Machinery
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula
Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio
Tsr Stability Index
Excellent Stability
FY - Historical Cash Ratio of Omega Flex Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio2.561.681.441.080.7862.572.10
Change52.22 %16.64 %33.63 %37.50 %-69.44 %22.73 %34.90 %
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FY Chart of Cash Ratio of Omega Flex Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)