Debt to EBITDA ratio Analysis of Omega Flex Inc - Deep Dive


Debt to EBITDA of OFLX
Dec-23
0.0196
Excellent Debt to EBITDA
Dec-22
0.0139
Excellent Debt to EBITDA
Growth
41.41
%
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
CodePricePrevious PricePrice ChangeSector
OFLX59.2159.78 0.953 % Specialty Industrial Machinery
Fundamental AnalysisTechnical Analysis
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 Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
Excellent Stability
FY - Historical Debt to EBITDA of Omega Flex Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA0.01960.01390.01060.00900.01520.1540.173
Change41.41 %30.81 %17.71 %-40.64 %-90.17 %-10.88 %2.57 %
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FY Chart of Debt to EBITDA of Omega Flex Inc


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