Omega Flex (OFLX) - Net assets

Net assets on the balance sheet as of September 2024 : ₹6.99 Billion

According to Omega Flex's latest financial reports the company has ₹6.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Omega Flex - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹6.56 B	11.46%
2022-12-31	$₹5.88 B	30.7%
2021-12-31	$₹4.50 B	32.86%
2020-12-31	$₹3.39 B	26.58%
2019-12-31	$₹2.67 B	-42.22%
2018-12-31	$₹4.63 B	29.53%
2017-12-31	$₹3.58 B	14.38%
2016-12-31	$₹3.13 B	14.45%
2015-12-31	$₹2.73 B	27.03%
2014-12-31	$₹2.15 B	35.96%
2013-12-31	$₹1.58 B	46.49%
2012-12-31	$₹1.08 B	-10.84%
2011-12-31	$₹1.21 B	48.11%
2010-12-31	$₹0.81 B	27.77%
2009-12-31	$₹0.64 B	-54.64%
2008-12-31	$₹1.41 B	25.53%
2007-12-31	$₹1.12 B	-8.3%
2006-12-31	$₹1.22 B	4.83%
2005-12-31	$₹1.17 B	12.59%
2004-12-31	$₹1.03 B	-10.88%
2003-12-31	$₹1.16 B	14.59%
2002-12-31	$₹1.01 B	19.42%
2001-12-31	$₹0.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Crane Co. CR	₹134.31 B	1,821.06%	🇺🇸 USA
Parker-Hannifin PH	₹1.098 T	15,617.00%	🇺🇸 USA
Northwest Pipe Company NWPX	₹30.86 B	341.44%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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