Nortech Financial Statements From 2010 to 2024

NSYS Stock  USD 15.86  0.14  0.88%   
Nortech Systems financial statements provide useful quarterly and yearly information to potential Nortech Systems Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nortech Systems financial statements helps investors assess Nortech Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nortech Systems' valuation are summarized below:
Gross Profit
20.5 M
Profit Margin
0.0493
Market Capitalization
43.8 M
Enterprise Value Revenue
0.4113
Revenue
139.3 M
There are over one hundred nineteen available fundamental ratios for Nortech Systems, which can be analyzed over time and compared to other ratios. All traders should check Nortech Systems' last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 26.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 21.6 M in 2024.

Nortech Systems Total Revenue

92.57 Million

Check Nortech Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nortech main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 579 K or Total Revenue of 92.6 M, as well as many exotic indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0 or PTB Ratio of 1.12. Nortech financial statements analysis is a perfect complement when working with Nortech Systems Valuation or Volatility modules.
  
This module can also supplement various Nortech Systems Technical models . Check out the analysis of Nortech Systems Correlation against competitors.

Nortech Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets45.4 M75.1 M52.9 M
Slightly volatile
Short and Long Term Debt Total13 M14.2 M14.3 M
Slightly volatile
Total Current Liabilities16.7 M26.6 M19 M
Slightly volatile
Total Stockholder Equity18.6 M35.3 M21.5 M
Slightly volatile
Property Plant And Equipment Net9.8 M13.4 M11.6 M
Slightly volatile
Net Debt12.5 M12.5 M13.8 M
Slightly volatile
Accounts Payable9.3 M15.9 M11.6 M
Slightly volatile
Non Current Assets Total11.3 M16.3 M13.3 M
Slightly volatile
Cash And Short Term Investments1.8 M1.7 M659.5 K
Slightly volatile
Net Receivables35.4 M33.8 M21.3 M
Slightly volatile
Common Stock Shares Outstanding2.9 M2.9 M2.7 M
Slightly volatile
Liabilities And Stockholders Equity45.4 M75.1 M52.9 M
Slightly volatile
Non Current Liabilities Total10 M13.2 M12.4 M
Slightly volatile
Inventory15.9 M21.7 M17.2 M
Slightly volatile
Other Current Assets1.4 M1.7 M1.3 M
Slightly volatile
Other Stockholder Equity16.9 M16.9 M15.6 M
Slightly volatile
Total Liabilities26.8 M39.8 M31.4 M
Slightly volatile
Total Current Assets34 M58.8 M39.6 M
Slightly volatile
Short Term Debt1.3 M1.4 M2.9 M
Slightly volatile
Property Plant And Equipment Gross42.4 M40.4 M16.6 M
Slightly volatile
Common Stock Total Equity29.1 K31.1 K27.4 K
Slightly volatile
Other Assets0.951.01.3 M
Pretty Stable
Long Term DebtM5.8 M8.8 M
Pretty Stable
Preferred Stock Total Equity200 K225 K245 K
Slightly volatile
Property Plant Equipment10.4 M16.4 M11.4 M
Slightly volatile
Other Liabilities103.8 K109.2 K232.8 K
Pretty Stable
Net Tangible Assets21.8 M31.5 M20.7 M
Slightly volatile
Retained Earnings Total Equity4.1 M2.4 M4.5 M
Slightly volatile
Long Term Debt Total10.6 M10.6 M9.1 M
Slightly volatile
Capital Surpluse17.3 M18.2 M16 M
Slightly volatile
Non Current Liabilities Other802.5 K414 K697.8 K
Pretty Stable
Short and Long Term Debt825.6 K1.1 M964.9 K
Pretty Stable
Deferred Long Term Asset Charges17.7 K18.6 K183.3 K
Slightly volatile
Capital Lease Obligations7.9 M8.4 M4.4 M
Slightly volatile
Net Invested Capital37.8 M40.9 M34.2 M
Slightly volatile
Net Working Capital27.2 M32.2 M22.6 M
Slightly volatile
Capital Stock221.6 K249.3 K271.5 K
Slightly volatile

Nortech Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.8 MMM
Slightly volatile
Interest Expense579 K487 K518.5 K
Slightly volatile
Total Revenue92.6 M139.3 M107.7 M
Slightly volatile
Gross Profit12.2 M23.1 M13.2 M
Slightly volatile
Other Operating Expenses90.8 M133.4 M106.3 M
Slightly volatile
EBITDA8.4 MM3.3 M
Slightly volatile
Cost Of Revenue80.4 M116.2 M94.4 M
Slightly volatile
Total Operating Expenses10.3 M17.2 M11.9 M
Slightly volatile
Selling General Administrative8.5 M12.4 M8.3 M
Slightly volatile
Selling And Marketing Expenses3.1 M3.6 M3.9 M
Slightly volatile
Interest Income757.5 K1.2 M723.7 K
Slightly volatile
Reconciled Depreciation1.7 MM2.3 M
Slightly volatile

Nortech Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow2.6 M2.5 M975.1 K
Slightly volatile
Depreciation1.8 MMM
Slightly volatile
Capital Expenditures1.6 M1.3 M1.6 M
Pretty Stable
End Period Cash Flow977 K1.7 M949.5 K
Slightly volatile
Stock Based Compensation444.1 K423 K122.8 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.260.1840.1842
Pretty Stable
PTB Ratio1.120.72550.8245
Very volatile
Days Sales Outstanding47.2688.439165.2165
Slightly volatile
Book Value Per Share13.6312.98398.3943
Slightly volatile
Invested Capital0.190.20380.6448
Very volatile
Average Payables6.9 M12.1 M11.3 M
Slightly volatile
Stock Based Compensation To Revenue0.00320.0030.0011
Slightly volatile
PB Ratio1.120.72550.8245
Very volatile
EV To Sales0.430.27380.3149
Very volatile
Inventory Turnover3.955.3665.4642
Very volatile
Days Of Inventory On Hand85.0368.020667.5243
Pretty Stable
Payables Turnover10.597.29898.6729
Slightly volatile
Sales General And Administrative To Revenue0.0930.08870.0785
Pretty Stable
Average Inventory13 M17.6 M18.1 M
Pretty Stable
Research And Ddevelopement To Revenue0.00640.00860.0052
Slightly volatile
Cash Per Share0.650.61530.1924
Slightly volatile
Days Payables Outstanding32.150.007443.4954
Slightly volatile
Intangibles To Total Assets0.00330.00350.0342
Pretty Stable
Current Ratio2.522.21182.2747
Pretty Stable
Tangible Book Value Per Share13.5312.88737.7793
Slightly volatile
Receivables Turnover7.194.12715.8695
Slightly volatile
Graham Number28.5227.160911.2605
Slightly volatile
Shareholders Equity Per Share13.6312.98398.3943
Slightly volatile
Debt To Equity0.190.20380.6448
Very volatile
Average Receivables10.5 M19.8 M17.8 M
Slightly volatile
Revenue Per Share53.7451.184841.0788
Slightly volatile
Interest Debt Per Share3.822.82545.3796
Slightly volatile
Debt To Assets0.09110.09590.258
Pretty Stable
Operating Cycle150156134
Slightly volatile
Price Book Value Ratio1.120.72550.8245
Very volatile
Days Of Payables Outstanding32.150.007443.4954
Slightly volatile
Ebt Per Ebit0.730.91821.0913
Pretty Stable
Company Equity Multiplier1.982.12562.4206
Slightly volatile
Long Term Debt To Capitalization0.130.14130.3014
Slightly volatile
Total Debt To Capitalization0.160.16930.3757
Pretty Stable
Debt Equity Ratio0.190.20380.6448
Very volatile
Quick Ratio0.831.3331.0843
Slightly volatile
Net Income Per E B T1.321.25760.9177
Slightly volatile
Cash Ratio0.09790.0630.0367
Very volatile
Cash Conversion Cycle10610689.6247
Slightly volatile
Days Of Inventory Outstanding85.0368.020667.5243
Pretty Stable
Days Of Sales Outstanding47.2688.439165.2165
Slightly volatile
Price To Book Ratio1.120.72550.8245
Very volatile
Fixed Asset Turnover7.4710.37479.3163
Pretty Stable
Debt Ratio0.09110.09590.258
Pretty Stable
Price Sales Ratio0.260.1840.1842
Pretty Stable
Asset Turnover1.591.85462.0203
Slightly volatile
Gross Profit Margin0.170.16580.1304
Very volatile
Price Fair Value1.120.72550.8245
Very volatile

Nortech Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap26.9 M25.6 M16.6 M
Slightly volatile
Enterprise Value21.6 M38.1 M29.3 M
Slightly volatile

Nortech Fundamental Market Drivers

Cash And Short Term Investments1.7 M

Nortech Upcoming Events

21st of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Nortech Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nortech Systems income statement, its balance sheet, and the statement of cash flows. Nortech Systems investors use historical funamental indicators, such as Nortech Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nortech Systems investors may use each financial statement separately, they are all related. The changes in Nortech Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nortech Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nortech Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nortech Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue4.1 M4.3 M
Total Revenue139.3 M92.6 M
Cost Of Revenue116.2 M80.4 M
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.09  0.09 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 51.18  53.74 
Ebit Per Revenue 0.04  0.03 

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When determining whether Nortech Systems is a strong investment it is important to analyze Nortech Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nortech Systems' future performance. For an informed investment choice regarding Nortech Stock, refer to the following important reports:
Check out the analysis of Nortech Systems Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Nortech Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nortech Systems. If investors know Nortech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nortech Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
2.38
Revenue Per Share
51.185
Quarterly Revenue Growth
0.012
Return On Assets
0.0514
The market value of Nortech Systems is measured differently than its book value, which is the value of Nortech that is recorded on the company's balance sheet. Investors also form their own opinion of Nortech Systems' value that differs from its market value or its book value, called intrinsic value, which is Nortech Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nortech Systems' market value can be influenced by many factors that don't directly affect Nortech Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nortech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nortech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nortech Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.