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Omega Flex OFLX Increase (Decrease) in Other Operating Assets

Increase (Decrease) in Other Operating Assets at other companies

OTT
Otter TailOTTR
-$7.05M-22.9%
Mueller Industries logo
Mueller IndustriesMLI
Core & Main logo
Core & MainCNM
Crane Co. logo
Crane Co.CR

Other financials

Income statement

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Revenue$23.1M-1.0%
Gross profit$13.1M-7.0%
Operating income$2.3M-42.9%
Net income$2.1M-41.8%
EPS (diluted)$0.34-26.1%

Balance sheet

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Cash & equivalents$49.8M+1.1%
Total debt$4.5M-12.5%
Total equity$82.9M-0.5%
Total assets$101.3M-1.4%

Cash flow

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Operating cash flow$608.0K-60.9%
CapEx$709.0K+28.4%
Free cash flow-$101.0K-110%

Valuation

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Market cap$317.77M-2.6%
Enterprise value$272.53M-3.4%
P/E23.8×+5.0×
P/S3.2×0.0×

Profitability

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Gross margin59.2%-2.2pp
Operating margin15.5%-5.1pp
Net margin13.6%-3.8pp
FCF margin14.5%-3.1pp

Returns & leverage

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Return on equity16.1%-5.3pp
Debt / equity0.1×0.0×
Current ratio5.7×+0.1×

Where this comes from

Reported directly by Omega Flex in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOtherOperatingAssets.

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 increase (decrease) in other operating assets?
Omega Flex (OFLX) reported increase (decrease) in other operating assets of -$1.01M in Q1 2026.
How has Omega Flex's increase (decrease) in other operating assets changed year-over-year?
Omega Flex's increase (decrease) in other operating assets decreased by 24.1% year-over-year, from -$810K to -$1.01M.
What is the long-term trend for Omega Flex's increase (decrease) in other operating assets?
Over 3 years (2022 to 2025), Omega Flex's increase (decrease) in other operating assets has grown at a -43.9% compound annual growth rate (CAGR), from $4.43M to -$782K.
What does increase (decrease) in other operating assets mean?
This captures the net change in miscellaneous assets that are not classified as loans, securities, or property, plant, and equipment. It often includes items like accrued interest receivables, prepaid expenses, and other short-term operational assets.