Debt to EBITDA ratio Analysis of Omega Flex Inc - Deep Dive
Debt to EBITDA of OFLX
Dec-230.0196Excellent Debt to EBITDA | Dec-220.0139Excellent Debt to EBITDA | Growth41.41% |
Debt to EBITDA Analysis of Omega Flex Inc
Debt to EBITDA Ratio 0.0196 of Omega Flex Inc shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of OFLX rose handsomely by 41.41 % this year. |
Debt to EBITDA Ratio of OFLX trending up for at least three Years. |
Debt to EBITDA Ratio with value of 0.0090 was lowest in Year Dec-20 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 0.0196 is Greater than Average Debt to EBITDA of 0.0137 in last five years. |
Other Debt to EBITDA Related Info of OFLX that may interest you.
Omega Flex Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
OFLX | 59.21 | 59.78 | 0.953 % | Specialty Industrial Machinery |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to EBITDA of Omega Flex Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 0.0196 | 0.0139 | 0.0106 | 0.0090 | 0.0152 | 0.154 | 0.173 |
Change | 41.41 % | 30.81 % | 17.71 % | -40.64 % | -90.17 % | -10.88 % | 2.57 % |
FY Chart of Debt to EBITDA of Omega Flex Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)