Nortech Gross Profit from 2010 to 2024

NSYS Stock  USD 15.86  0.14  0.88%   
Nortech Systems Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 12.2 M in 2024. Gross Profit is the profit Nortech Systems Incorporated makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1993-03-31
Previous Quarter
5.3 M
Current Value
6.8 M
Quarterly Volatility
1.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest Nortech Systems' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Nortech Systems Incorporated over the last few years. Gross profit is a required income statement account that reflects total revenue of Nortech Systems Incorporated minus its cost of goods sold. It is profit before Nortech Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Nortech Systems' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nortech Systems' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 20.48 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Nortech Gross Profit Regression Statistics

Arithmetic Mean13,249,723
Geometric Mean12,195,540
Coefficient Of Variation34.83
Mean Deviation2,737,105
Median13,115,995
Standard Deviation4,614,429
Sample Variance21.3T
Range20.5M
R-Value0.56
Mean Square Error15.7T
R-Squared0.32
Significance0.03
Slope581,109
Total Sum of Squares298.1T

Nortech Gross Profit History

202412.2 M
202323.1 M
202220.5 M
202115.9 M
20208.5 M
201912.6 M
201813.3 M

Other Fundumenentals of Nortech Systems

Nortech Systems Gross Profit component correlations

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0.790.520.340.640.60.880.73-0.150.170.720.310.620.22-0.070.54-0.080.26-0.230.270.11
0.660.770.340.510.880.520.69-0.12-0.340.64-0.110.590.360.590.360.750.20.730.75-0.72
0.90.740.640.510.70.910.88-0.190.290.720.310.5-0.080.070.650.170.330.250.360.0
0.780.70.60.880.70.760.8-0.29-0.130.640.110.620.490.420.530.610.130.570.77-0.6
0.960.750.880.520.910.760.93-0.260.240.760.340.680.160.110.670.140.360.110.460.01
0.990.930.730.690.880.80.93-0.13-0.040.790.10.780.170.410.530.320.340.350.61-0.08
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0.19-0.070.31-0.110.310.110.340.1-0.790.770.07-0.13-0.22-0.50.86-0.20.27-0.17-0.180.14
0.760.770.620.590.50.620.680.78-0.11-0.240.52-0.130.440.60.230.430.420.220.71-0.14
0.140.10.220.36-0.080.490.160.17-0.26-0.38-0.16-0.220.440.56-0.120.54-0.150.340.73-0.5
0.310.58-0.070.590.070.420.110.410.0-0.690.04-0.50.60.56-0.220.620.050.670.81-0.36
0.60.390.540.360.650.530.670.53-0.710.580.490.860.23-0.12-0.220.130.340.130.15-0.12
0.280.45-0.080.750.170.610.140.32-0.2-0.30.13-0.20.430.540.620.130.050.840.72-0.84
0.380.340.260.20.330.130.360.34-0.310.460.20.270.42-0.150.050.340.05-0.030.220.06
0.280.5-0.230.730.250.570.110.35-0.19-0.310.09-0.170.220.340.670.130.84-0.030.71-0.7
0.550.610.270.750.360.770.460.61-0.31-0.340.19-0.180.710.730.810.150.720.220.71-0.55
-0.06-0.160.11-0.720.0-0.60.01-0.080.190.29-0.120.14-0.14-0.5-0.36-0.12-0.840.06-0.7-0.55
Click cells to compare fundamentals

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 Gross Profit, 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
Gross Profit23.1 M12.2 M
Gross Profit Margin 0.17  0.17 

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.