Omega Flex Inc (OFLX) - Total Liabilities
Based on the latest financial reports, Omega Flex Inc (OFLX) has total liabilities worth $19.74 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore cash flow conversion of Omega Flex Inc to assess how effectively this company generates cash.
Omega Flex Inc - Total Liabilities Trend (2001–2024)
This chart illustrates how Omega Flex Inc's total liabilities have evolved over time, based on quarterly financial data. Check OFLX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Omega Flex Inc Competitors by Total Liabilities
The table below lists competitors of Omega Flex Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Putnam Municipal Opportunities Trust
NYSE:PMO
|
USA | $21.02 Million |
|
Federal-Mogul Goetze (India) Limited.
NSE:FMGOETZE
|
India | Rs4.16 Billion |
|
Ring Energy Inc
NYSE MKT:REI
|
USA | $677.21 Million |
|
AVE Science & Technology Co Ltd
SHG:688067
|
China | CN¥93.09 Million |
|
West Wits Mining Ltd
AU:WWI
|
Australia | AU$22.12 Million |
|
Protara Therapeutics Inc
NASDAQ:TARA
|
USA | $13.06 Million |
|
I-Sheng Electric Wire & Cable Co Ltd
TW:6115
|
Taiwan | NT$3.07 Billion |
|
Cellectis
PA:ALCLS
|
France | €242.57 Million |
Liability Composition Analysis (2001–2024)
This chart breaks down Omega Flex Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see OFLX company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 5.61 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.23 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.19 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Omega Flex Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Omega Flex Inc (2001–2024)
The table below shows the annual total liabilities of Omega Flex Inc from 2001 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $22.71 Million | +6.21% |
| 2023-12-31 | $21.38 Million | -19.35% |
| 2022-12-31 | $26.51 Million | -6.57% |
| 2021-12-31 | $28.37 Million | +12.62% |
| 2020-12-31 | $25.19 Million | +7.63% |
| 2019-12-31 | $23.41 Million | +14.10% |
| 2018-12-31 | $20.52 Million | -2.41% |
| 2017-12-31 | $21.02 Million | -14.20% |
| 2016-12-31 | $24.50 Million | -2.46% |
| 2015-12-31 | $25.12 Million | +18.66% |
| 2014-12-31 | $21.17 Million | +46.57% |
| 2013-12-31 | $14.44 Million | +11.73% |
| 2012-12-31 | $12.93 Million | +50.77% |
| 2011-12-31 | $8.57 Million | -2.48% |
| 2010-12-31 | $8.79 Million | -44.09% |
| 2009-12-31 | $15.73 Million | +63.66% |
| 2008-12-31 | $9.61 Million | -54.47% |
| 2007-12-31 | $21.10 Million | -15.32% |
| 2006-12-31 | $24.92 Million | +58.69% |
| 2005-12-31 | $15.71 Million | -4.92% |
| 2004-12-31 | $16.52 Million | +87.43% |
| 2003-12-31 | $8.81 Million | +18.50% |
| 2002-12-31 | $7.44 Million | +42.72% |
| 2001-12-31 | $5.21 Million | -- |
About Omega Flex Inc
Omega Flex, Inc. manufactures and sells flexible metal hoses, fittings, and accessories in the United States, Canada, and internationally. It offers flexible gas piping for use in residential and commercial buildings; fittings; containment pining; and corrugated copper tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilitie… Read more