Omega Flex
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Omega Flex generated cash of $23,422,000, which is more than the previous year. Cash used in financing activities reached the amount of -$13,124,000 last year. Net change in cash is therefore $8,653,000.
Cash Flow
| 2014 | 14.84M | -215K | -145K |
|---|---|---|---|
| 2015 | 13.25M | -620K | -4.94M |
| 2016 | 14.75M | -233K | -8.57M |
| 2017 | 18.04M | -3.09M | -13.01M |
| 2018 | 21.05M | -16.86M | -9.77M |
| 2019 | 16.04M | 13.71M | -46.02M |
| 2020 | 19.31M | -564K | -11.30M |
| 2021 | 25.14M | -971K | -14.86M |
| 2022 | 15.24M | -942K | -9.48M |
| 2023 | 23.42M | -1.64M | -13.12M |
OFLX Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 37.70M | 32.91M | 23.63M | 16.09M | 32.39M | 37.93M | 35.31M | 30.15M | 22.58M | 8.25M |
Operating activities | ||||||||||
Net income | 20.76M | 23.65M | 26.25M | 19.96M | 17.42M | 20.27M | 15.84M | 14.54M | 15.96M | 13.60M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.09M | 1.09M | 1.02M | 870K | 719K | 543K | 502K | 459K | 460K | 486K |
Stock-based compensation expense | 292K | 156K | 506K | 1.45M | 2.47M | 118K | 1.04M | 996K | 177K | 634K |
| Deferred income tax benefit | 292K | 156K | 506K | 1.45M | 2.47M | 118K | 1.04M | 996K | 177K | 634K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 2.18M | 3.39M | -943K | -2.68M | -1.28M | -979K | -463K | 1.21M | -3.16M | -861K |
Inventories | 1.22M | -2.57M | -4.18M | -440K | -3.02M | 61K | -699K | 585K | -1.03M | -525K |
Accounts payable | -205K | -1.00M | 894K | 79K | -401K | 205K | 251K | -108K | 158K | 585K |
Cash generated by operating activities | 23.42M | 15.24M | 25.14M | 19.31M | 16.04M | 21.05M | 18.04M | 14.75M | 13.25M | 14.84M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -55.93M | -35.09M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -1.64M | -942K | -971K | -564K | -1.22M | -1.92M | -3.09M | -233K | -620K | -215K |
Acquisitions Net | 0 | 0 | 0 | 0 | 1.22M | 1.92M | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -1.64M | -942K | -971K | -564K | 13.71M | -16.86M | -3.09M | -233K | -620K | -215K |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -13.12M | -9.48M | -14.86M | -11.30M | -46.02M | -9.77M | -13.01M | -8.57M | -4.94M | -145K |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash used in financing activities | -13.12M | -9.48M | -14.86M | -11.30M | -46.02M | -9.77M | -13.01M | -8.57M | -4.94M | -145K |
Net Change In Cash | 8.65M | 4.79M | 9.28M | 7.53M | -16.29M | -5.54M | 2.62M | 5.16M | 7.56M | 14.32M |
Cash at end of period | 46.35M | 37.70M | 32.91M | 23.63M | 16.09M | 32.39M | 37.93M | 35.31M | 30.15M | 22.58M |
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