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
DateValue
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