Omega Flex (OFLX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.13 Billion

According to Omega Flex's latest financial reports the company has NZ$0.13 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	$NZ$0.12 B	11.23%
2022-12-31	$NZ$0.11 B	26.48%
2021-12-31	$NZ$88.63 M	37.9%
2020-12-31	$NZ$64.27 M	15.2%
2019-12-31	$NZ$55.79 M	-43.57%
2018-12-31	$NZ$98.87 M	25.24%
2017-12-31	$NZ$78.94 M	18.73%
2016-12-31	$NZ$66.49 M	10.59%
2015-12-31	$NZ$60.13 M	38.69%
2014-12-31	$NZ$43.35 M	39%
2013-12-31	$NZ$31.19 M	29.97%
2012-12-31	$NZ$23.99 M	-18.27%
2011-12-31	$NZ$29.36 M	24.02%
2010-12-31	$NZ$23.67 M	24.56%
2009-12-31	$NZ$19 M	-62.46%
2008-12-31	$NZ$50.63 M	35.29%
2007-12-31	$NZ$37.42 M	-4.82%
2006-12-31	$NZ$39.32 M	3.33%
2005-12-31	$NZ$38.05 M	13.12%
2004-12-31	$NZ$33.64 M	-14.64%
2003-12-31	$NZ$39.41 M	-2.83%
2002-12-31	$NZ$40.55 M	-4.66%
2001-12-31	$NZ$42.54 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Crane Co. CR	NZ$2.64 B	1,852.50%	🇺🇸 USA
Parker-Hannifin PH	NZ$20.22 B	14,858.46%	🇺🇸 USA
Northwest Pipe Company NWPX	NZ$0.58 B	334.83%	🇺🇸 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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