Balance Sheet
Cash Flow Statement
Asset Writedowns and ImpairmentAsset Writedowns and ImpairmentCapital ExpendituresCapital ExpendituresCash from Financing ActivitiesCash from Financing ActivitiesCash from Investing ActivitiesCash from Investing ActivitiesCash from OperationsCash from OperationsChange in Account PayablesChange in Account PayablesChange in Accured ExpensesChange in Accured ExpensesChange in CashChange in InventoryChange in InventoryChange in ReceivablesChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Depreciation & Amortization (CF)Dividends Paid - CommonDividends Paid - CommonExchange Rate EffectExchange Rate EffectFree Cash FlowFree Cash FlowGains from Investment SecuritiesGains from Investment SecuritiesGains from Sales and DivestituresGains from Sales and DivestituresNet Cash FlowNet Cash FlowNet IncomeOther Working Capital ChangesOther Working Capital ChangesShare-based CompensationShare-based Compensation
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Growth Metrics
Income Statement
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Ratios

Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026)

Omega Flex's Asset Writedowns and Impairment history spans 10 years, with the latest figure at -$40000.0 for Q1 2026.

  • On a quarterly basis, Asset Writedowns and Impairment rose 50.0% to -$40000.0 in Q1 2026 year-over-year; TTM through Mar 2026 was -$21000.0, a 108.79% decrease, with the full-year FY2025 number at -$61000.0, down 134.46% from a year prior.
  • Asset Writedowns and Impairment hit -$40000.0 in Q1 2026 for Omega Flex, down from $6000.0 in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for OFLX hit a ceiling of $985000.0 in Q2 2022 and a floor of -$1.0 million in Q3 2022.
  • Historically, Asset Writedowns and Impairment has averaged $10117.6 across 5 years, with a median of -$4000.0 in 2023.
  • Biggest five-year swings in Asset Writedowns and Impairment: skyrocketed 16516.67% in 2022 and later crashed 3450.0% in 2024.
  • Tracing OFLX's Asset Writedowns and Impairment over 5 years: stood at $274000.0 in 2022, then tumbled by 434.31% to -$916000.0 in 2023, then skyrocketed by 117.14% to $157000.0 in 2024, then tumbled by 96.18% to $6000.0 in 2025, then tumbled by 766.67% to -$40000.0 in 2026.
  • Business Quant data shows Asset Writedowns and Impairment for OFLX at -$40000.0 in Q1 2026, $6000.0 in Q4 2025, and -$10000.0 in Q3 2025.