Omega Flex OFLX Additions To Rightofuse Assets Obtained From New Operating Lease Liabilities
Additions To Rightofuse Assets Obtained From New Operating Lease Liabilities at other companies
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Where this comes from
Reported directly by Omega Flex in its filing.
Tagged under the XBRL concept OFLX:AdditionsToRightofuseAssetsObtainedFromNewOperatingLeaseLiabilities.
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 additions to rightofuse assets obtained from new operating lease liabilities?
- Omega Flex (OFLX) reported additions to rightofuse assets obtained from new operating lease liabilities of $7K in Q1 2026.
- How has Omega Flex's additions to rightofuse assets obtained from new operating lease liabilities changed year-over-year?
- Omega Flex's additions to rightofuse assets obtained from new operating lease liabilities increased by 275.0% year-over-year, from -$4K to $7K.
- What is the long-term trend for Omega Flex's additions to rightofuse assets obtained from new operating lease liabilities?
- Over 3 years (2021 to 2024), Omega Flex's additions to rightofuse assets obtained from new operating lease liabilities has grown at a -4.8% compound annual growth rate (CAGR), from $3.26M to $2.81M.
- What does additions to rightofuse assets obtained from new operating lease liabilities mean?
- This metric quantifies the value of new non-cash assets recognized on the balance sheet resulting from the inception of new operating lease agreements. It reflects the company's expansion of its physical footprint or equipment base through leasing rather than direct capital expenditure. Tracking this helps investors assess the company's off-balance-sheet financing activities and long-term lease commitments.