Omega Flex Inc
Company Overview
Omega Flex, Inc. is a manufacturer of flexible metal hose and gas piping products. The company's primary product line, TracPipe® CounterStrike®, is a flexible gas piping system designed for use in residential, commercial, and industrial buildings. They also manufacture flexible metal hose products for various industrial and commercial applications.
The company's products are used in applications requiring flexibility, durability, and safety in gas delivery systems, including connections for appliances, HVAC systems, and industrial processes. Their business model focuses on manufacturing and distributing these essential industrial components.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $24.88m | $18.83m | - | $-586000.0 | 0.00% | 3.11% |
| June 30, 2024 | $24.62m | $18.73m | - | $-609000.0 | 0.00% | 3.25% |
| March 31, 2024 | $25.22m | $19.61m | - | $-546000.0 | 0.00% | 2.78% |
Company Impact
Help us evaluate Omega Flex Inc's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.