Omega Flex, Inc. Debt Growth

Debt Growth of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt Growth growth rates and interactive chart.


Highlights and Quick Summary

  • Debt Growth for the quarter ending December 30, 2020 was -0.37 (a 56.43% increase compared to previous quarter)
  • Year-over-year quarterly Debt Growth increased by 3027.35%
  • Annual Debt Growth for 2020 was -0.37
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Historical Debt Growth of Omega Flex, Inc.

Most recent Debt Growthof OFLX including historical data for past 10 years.

Interactive Chart of Debt Growth of Omega Flex, Inc.

Omega Flex, Inc. Debt Growth for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 -0.37 -0.23 -0.24 -0.01 -0.37
2019 -0.81 -0.87 -0.89

Business Profile of Omega Flex, Inc.

Sector: Industrials
Industry: Specialty Industrial Machinery
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.