Omega Flex (OFLX) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.12 Billion

According to Omega Flex's latest financial reports the company has A$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Omega Flex - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.11 B	10.66%
2022-12-31	$A$0.10 B	25.25%
2021-12-31	$A$83.5 M	38.45%
2020-12-31	$A$60.31 M	12.38%
2019-12-31	$A$53.66 M	-42.99%
2018-12-31	$A$94.14 M	31.08%
2017-12-31	$A$71.81 M	12.39%
2016-12-31	$A$63.9 M	13.11%
2015-12-31	$A$56.49 M	36.1%
2014-12-31	$A$41.5 M	44.45%
2013-12-31	$A$28.73 M	51.26%
2012-12-31	$A$18.99 M	-15%
2011-12-31	$A$22.35 M	24.29%
2010-12-31	$A$17.98 M	17.01%
2009-12-31	$A$15.36 M	-63.1%
2008-12-31	$A$41.64 M	27.02%
2007-12-31	$A$32.79 M	-6.69%
2006-12-31	$A$35.14 M	-1.14%
2005-12-31	$A$35.54 M	14.59%
2004-12-31	$A$31.01 M	-10%
2003-12-31	$A$34.46 M	-8.52%
2002-12-31	$A$37.67 M	8.84%
2001-12-31	$A$34.61 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Crane Co. CR	A$2.41 B	1,821.06%	🇺🇸 USA
Parker-Hannifin PH	A$19.75 B	15,617.00%	🇺🇸 USA
Northwest Pipe Company NWPX	A$0.55 B	341.44%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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