Omega Flex OFLX Operating Lease ROU Assets
Operating Lease ROU Assets at other companies
Other financials
Where this comes from
Reported directly by Omega Flex in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.
The official record: Omega Flex’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Omega Flex's operating lease ROU assets?
- Omega Flex (OFLX) reported operating lease ROU assets of $4.21M in Q1 2026.
- How has Omega Flex's operating lease ROU assets changed year-over-year?
- Omega Flex's operating lease ROU assets decreased by 13.0% year-over-year, from $4.84M to $4.21M.
- What is the long-term trend for Omega Flex's operating lease ROU assets?
- Over 5 years (2020 to 2025), Omega Flex's operating lease ROU assets has grown at a 55.2% compound annual growth rate (CAGR), from $493K to $4.44M.
- What does operating lease ROU assets mean?
- This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.