Omnitek Engineering (OMTK) Beginning Cash Balance (2021 - 2023)
Omnitek Engineering (OMTK) reported Beginning Cash Balance of -$2916.0 for Q2 2023, down 8.16% on a YoY basis from -$3175.1 in Q2 2022, and down 200.0% quarter-over-quarter from $2916.0 in Q1 2023.
Omnitek Engineering (OMTK) Beginning Cash Balance (2021 - 2023) Analysis & Trends
Omnitek Engineering has reported Beginning Cash Balance for 3 years, with the latest figure at -$2916.0 in Q2 2023.
- For the quarter ending Q2 2023, Beginning Cash Balance fell 8.16% year-over-year to -$2916.0; the trailing twelve-month figure through Sep 2023 stood at -$8236.0 (down 175.78% YoY), and the FY2021 full-year result was $6410.0, changed N/A from the prior year.
- Beginning Cash Balance for Q2 2023 stood at -$2916.0, down from $2916.0 in the prior quarter.
- The five-year high for Beginning Cash Balance was $8236.0 in Q3 2022, with the low at -$8236.0 in Q4 2022.
- Historically, Beginning Cash Balance has averaged $376.14 across 3 years, with a median of $2633.0 in 2021.
- Annual changes were most pronounced in 2022 — Beginning Cash Balance tumbled 412.8% — and 2023, when it grew 8.16%.
- Omnitek Engineering's Beginning Cash Balance stood at $2633.0 in 2021, then plunged by 412.8% to -$8236.0 in 2022, then surged by 64.59% to -$2916.0 in 2023.
- The last three Beginning Cash Balance figures came in at -$2916.0 (Q2 2023), $2916.0 (Q1 2023), and -$8236.0 (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn |
| 10 | Omnitek Engineering | - | - | 80,613.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -2,916.00 |
| Jun 30, 2023 | -2,916.00 |
| Mar 31, 2023 | 2,916.00 |
| Mar 31, 2023 | 2,916.00 |
| Dec 31, 2022 | -8,236.00 |
| Dec 31, 2022 | -8,236.00 |
| Sep 30, 2022 | 8,236.00 |
| Sep 30, 2022 | 8,236.00 |
| Jun 30, 2022 | -2,696.00 |
| Jun 30, 2022 | -2,696.00 |
| Mar 31, 2022 | 2,696.00 |
| Mar 31, 2022 | 2,696.00 |
| Dec 31, 2021 | 2,633.00 |
| Dec 31, 2021 | 2,633.00 |