Shareholders Equity ratio Analysis of Omega Flex Inc - Deep Dive


Shareholders Equity of OFLX
Dec-23
78.51
Very Good Shareholders Equity
Dec-22
72.66
Very Good Shareholders Equity
Growth
8.05
%
Shareholders Equity Analysis of Omega Flex Inc
Shareholder to Equity Ratio of Omega Flex Inc with value of 78.51 indicates that shareholders own a High proportion of the assets of the company.
Shareholders Equity Ratio of OFLX has grown by 8.05 % Compared to previous Financial Year.
Shareholders Equity Ratio of OFLX trending up for at least three Years.
Shareholders Equity Ratio with value of 61.30 was lowest in Year Dec-19 in last Five Years.
Latest Shareholders Equity Ratio with value of 78.51 is Greater than Average Shareholders Equity of 68.95 in last five years.
Other Shareholders Equity 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 Shareholders Equity
The Shareholders Equity Ratio measures how much the company's assets are funded using shareholder's equity instead of debt. This metric also tells how much shareholders claim on the company's assets in a time of liquidation.    more ..
Shareholders Equity Formula

Shareholders Equity Related Ratios
DebtToEquityRatioReturnOnEquity

Tsr Stability Index
Excellent Stability
FY - Historical Shareholders Equity of Omega Flex Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Shareholders Equity78.5172.6667.8864.4461.3076.0871.94
Change8.05 %7.05 %5.34 %5.12 %-19.43 %5.76 %11.13 %
You are view first 7 Records. Log in to view all 23 in Premium view
FY Chart of Shareholders Equity of Omega Flex Inc


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