Omega Flex, Inc. Goodwill and Intangible Assets (Total)

Goodwill and Intangible Assets (Total) of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Goodwill and Intangible Assets (Total) growth rates and interactive chart. The sum of goodwill and all other intangible assets. Intangible assets are items that a company owns and derives benefit from, but is unable to physically measure and count. Examples of intangible assets include patents, trademarks and copyrights. Goodwill is a special type of intangible asset that normally appears in a company's balance sheet following a business combination. When the fair value of the consideration paid by the purchaser for an entity exceeds the fair value of the net assets they have acquired, the purchaser must recognize the resulting difference as goodwill in their balance sheet.


Highlights and Quick Summary

  • Goodwill and Intangible Assets (Total) for the quarter ending March 30, 2021 was $3.53 Million (a 0.0% decrease compared to previous quarter)
  • Year-over-year quarterly Goodwill and Intangible Assets (Total) decreased by 0.0%
  • Annual Goodwill and Intangible Assets (Total) for 2020 was $3.53 Million (a 0.0% decrease from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2019 was $3.53 Million (a 0.0% decrease from previous year)
  • Annual Goodwill and Intangible Assets (Total) for 2018 was $3.53 Million (a 0.0% decrease from previous year)
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Historical Goodwill and Intangible Assets (Total) of Omega Flex, Inc.

Most recent Goodwill and Intangible Assets (Total)of OFLX including historical data for past 10 years.

Interactive Chart of Goodwill and Intangible Assets (Total) of Omega Flex, Inc.

Omega Flex, Inc. Goodwill and Intangible Assets (Total) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $3.53
2020 $3.53 $3.53 $3.53 $3.53 $3.53
2019 $3.53 $3.53 $3.53 $3.53 $3.53
2018 $3.53 $3.53 $3.53 $3.53 $3.53
2017 $3.53 $3.53 $3.53 $3.53 $3.53
2016 $3.53 $3.53 $3.53 $3.53 $3.53
2015 $3.53 $3.53 $3.53 $3.53 $3.53
2014 $3.53 $3.53 $3.53 $3.53 $3.53
2013 $3.53 $3.53 $3.53 $3.53 $3.53
2012 $3.53 $3.53 $3.53 $3.53 $3.53
2011 $3.53 $3.53 $3.53 $3.53 $3.53
2010 $3.53 $3.53 $3.53 $3.53

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.