Omega Flex, Inc. Long Term Debt (Total)

Long Term Debt (Total) of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Long Term Debt (Total) growth rates and interactive chart. Long-term debt is debt that matures in more than one year. The sum of long-term bank loans, debentures or bonds outstanding. Refers to interest-bearing debt. An indebted company pays interest on its debt, which is recorded on the income statement and reduces net income to common shareholders. Long-term debt is used in ratios lke Debt/Equity or Debt/Assets to determine the financial health of a business.


Highlights and Quick Summary

  • Long Term Debt (Total) for the quarter ending December 30, 2020 was $252 Thousand (a -2.7% decrease compared to previous quarter)
  • Year-over-year quarterly Long Term Debt (Total) decreased by -21.98%
  • Annual Long Term Debt (Total) for 2020 was $252 Thousand (a -39.71% decrease from previous year)
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Historical Long Term Debt (Total) of Omega Flex, Inc.

Most recent Long Term Debt (Total)of OFLX including historical data for past 10 years.

Interactive Chart of Long Term Debt (Total) of Omega Flex, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $0.25 $0.26 $0.29 $0.32 $0.25
2019 $0.42 $0.39 $0.47 $0.36 $0.42

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.