Omega Price To Sales Ratio vs Capex To Depreciation Analysis
| OFLX Stock | | | USD 29.54 0.52 1.79% |
Omega Flex financial indicator trend analysis is much more than just breaking down Omega Flex prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omega Flex is a good investment. Please check the relationship between Omega Flex Price To Sales Ratio and its Capex To Depreciation accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Omega Stock please use our
How to Invest in Omega Flex guide.
Price To Sales Ratio vs Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Omega Flex Price To Sales Ratio account and
Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Omega Flex's Price To Sales Ratio and Capex To Depreciation is 0.12. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Omega Flex, assuming nothing else is changed. The correlation between historical values of Omega Flex's Price To Sales Ratio and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Omega Flex are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Price To Sales Ratio i.e., Omega Flex's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.12 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Omega Flex stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Omega Flex sales, a figure that is much harder to manipulate than other Omega Flex multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Omega Flex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omega Flex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omega Flex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Omega Stock please use our
How to Invest in Omega Flex guide.At this time, Omega Flex's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 857.6
M in 2025, whereas
Tax Provision is likely to drop slightly above 5.6
M in 2025.
Omega Flex fundamental ratios Correlations
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Omega Flex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Omega Flex fundamental ratios Accounts
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Additional Tools for Omega Stock Analysis
When running Omega Flex's price analysis, check to
measure Omega Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to
predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.