Omega Flex (OFLX) - Net assets

Net assets on the balance sheet as of March 2024 : $79.7 M

According to Omega Flex's latest financial reports the company has $79.7 M 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	$$78.85 M	10.79%
2022-12-31	$$71.17 M	17.56%
2021-12-31	$$60.54 M	30.54%
2020-12-31	$$46.37 M	23.42%
2019-12-31	$$37.57 M	-43.34%
2018-12-31	$$66.32 M	18.28%
2017-12-31	$$56.06 M	21.73%
2016-12-31	$$46.06 M	11.92%
2015-12-31	$$41.15 M	21.15%
2014-12-31	$$33.96 M	32.53%
2013-12-31	$$25.63 M	29.83%
2012-12-31	$$19.74 M	-13.85%
2011-12-31	$$22.91 M	25.46%
2010-12-31	$$18.26 M	32.3%
2009-12-31	$$13.8 M	-53.02%
2008-12-31	$$29.38 M	2.5%
2007-12-31	$$28.66 M	3.49%
2006-12-31	$$27.7 M	6.51%
2005-12-31	$$26 M	8.35%
2004-12-31	$$24 M	-6.3%
2003-12-31	$$25.61 M	20.69%
2002-12-31	$$21.22 M	20.16%
2001-12-31	$$17.66 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Crane Co. CR	$1.40 B	1,665.26%	🇺🇸 USA
Parker-Hannifin PH	$11.60 B	14,454.17%	🇺🇸 USA
Northwest Pipe Company NWPX	$0.34 B	329.85%	🇺🇸 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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