Nortech Debt Ratio from 2010 to 2024

NSYS Stock

USD 11.25 0.27 2.46%

Nortech Systems Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 0.09 in 2024. From the period from 2010 to 2024, Nortech Systems Debt Ratio quarterly data regression had r-value of (0.87) and coefficient of variation of 30.56. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.09589096

Current Value

0.0911

Quarterly Volatility

0.06437979

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Check Nortech Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nortech Systems' 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 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.

Check out the analysis of Nortech Systems Correlation against competitors.

Latest Nortech Systems' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Nortech Systems Incorporated over the last few years. It is Nortech Systems' Debt Ratio 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.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Nortech Debt Ratio Regression Statistics

	Arithmetic Mean	0.21
	Geometric Mean	0.20
	Coefficient Of Variation	30.56
	Mean Deviation	0.05
	Median	0.25
	Standard Deviation	0.06
	Sample Variance	0
	Range	0.1766
	R-Value	(0.87)
	Mean Square Error	0
	R-Squared	0.75
	Significance	0.000028
	Slope	(0.01)
	Total Sum of Squares	0.06

Nortech Debt Ratio History

	2024	0.0911
	2023	0.0959
	2022	0.12
	2021	0.16
	2020	0.18
	2019	0.22
	2018	0.23

Other Fundumenentals of Nortech Systems

Cash Flow To Debt Ratio

Nortech Systems Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.9	0.81	0.66	0.9	0.78	0.96	0.99	-0.08	0.06	0.81	0.19	0.76	0.14	0.31	0.6	0.28	0.38	0.28	0.55	-0.06
Total Stockholder Equity	0.9		0.54	0.77	0.74	0.7	0.75	0.93	0.11	-0.23	0.76	-0.07	0.77	0.1	0.58	0.39	0.45	0.34	0.5	0.61	-0.16
Net Debt	0.81	0.54		0.36	0.66	0.62	0.89	0.75	-0.11	0.17	0.72	0.3	0.64	0.24	-0.04	0.54	-0.05	0.27	-0.2	0.29	0.09
Retained Earnings	0.66	0.77	0.36		0.51	0.88	0.52	0.69	0.09	-0.34	0.64	-0.11	0.59	0.36	0.59	0.36	0.75	0.2	0.73	0.75	-0.72
Accounts Payable	0.9	0.74	0.66	0.51		0.7	0.91	0.88	-0.15	0.29	0.72	0.31	0.5	-0.08	0.07	0.65	0.17	0.33	0.25	0.36	0.0
Net Receivables	0.78	0.7	0.62	0.88	0.7		0.76	0.8	-0.11	-0.13	0.64	0.11	0.62	0.49	0.42	0.53	0.61	0.13	0.57	0.77	-0.6
Total Liab	0.96	0.75	0.89	0.52	0.91	0.76		0.93	-0.19	0.24	0.76	0.34	0.68	0.16	0.11	0.67	0.14	0.36	0.11	0.46	0.01
Total Current Assets	0.99	0.93	0.75	0.69	0.88	0.8	0.93		-0.03	-0.04	0.79	0.1	0.78	0.17	0.41	0.53	0.32	0.34	0.35	0.61	-0.08
Short Term Debt	-0.08	0.11	-0.11	0.09	-0.15	-0.11	-0.19	-0.03		-0.63	0.23	-0.87	0.01	-0.08	0.18	-0.71	-0.03	-0.28	-0.02	-0.08	-0.01
Intangible Assets	0.06	-0.23	0.17	-0.34	0.29	-0.13	0.24	-0.04	-0.63		-0.07	0.77	-0.24	-0.38	-0.69	0.58	-0.3	0.46	-0.31	-0.34	0.29
Common Stock	0.81	0.76	0.72	0.64	0.72	0.64	0.76	0.79	0.23	-0.07		0.07	0.52	-0.16	0.04	0.49	0.13	0.2	0.09	0.19	-0.12
Long Term Debt	0.19	-0.07	0.3	-0.11	0.31	0.11	0.34	0.1	-0.87	0.77	0.07		-0.13	-0.22	-0.5	0.86	-0.2	0.27	-0.17	-0.18	0.14
Property Plant Equipment	0.76	0.77	0.64	0.59	0.5	0.62	0.68	0.78	0.01	-0.24	0.52	-0.13		0.44	0.6	0.23	0.43	0.42	0.22	0.71	-0.14
Current Deferred Revenue	0.14	0.1	0.24	0.36	-0.08	0.49	0.16	0.17	-0.08	-0.38	-0.16	-0.22	0.44		0.56	-0.12	0.54	-0.15	0.34	0.73	-0.5
Net Tangible Assets	0.31	0.58	-0.04	0.59	0.07	0.42	0.11	0.41	0.18	-0.69	0.04	-0.5	0.6	0.56		-0.22	0.62	0.05	0.67	0.81	-0.36
Long Term Debt Total	0.6	0.39	0.54	0.36	0.65	0.53	0.67	0.53	-0.71	0.58	0.49	0.86	0.23	-0.12	-0.22		0.13	0.34	0.13	0.15	-0.12
Capital Surpluse	0.28	0.45	-0.05	0.75	0.17	0.61	0.14	0.32	-0.03	-0.3	0.13	-0.2	0.43	0.54	0.62	0.13		0.05	0.84	0.72	-0.84
Short Long Term Debt	0.38	0.34	0.27	0.2	0.33	0.13	0.36	0.34	-0.28	0.46	0.2	0.27	0.42	-0.15	0.05	0.34	0.05		-0.03	0.22	0.06
Net Invested Capital	0.28	0.5	-0.2	0.73	0.25	0.57	0.11	0.35	-0.02	-0.31	0.09	-0.17	0.22	0.34	0.67	0.13	0.84	-0.03		0.71	-0.7
Net Working Capital	0.55	0.61	0.29	0.75	0.36	0.77	0.46	0.61	-0.08	-0.34	0.19	-0.18	0.71	0.73	0.81	0.15	0.72	0.22	0.71		-0.55
Capital Stock	-0.06	-0.16	0.09	-0.72	0.0	-0.6	0.01	-0.08	-0.01	0.29	-0.12	0.14	-0.14	-0.5	-0.36	-0.12	-0.84	0.06	-0.7	-0.55

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About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Nortech Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Nortech Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nortech Systems' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Debt Ratio	0.10	0.09
Cash Flow To Debt Ratio	0.25	0.22

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Nortech Debt Ratio from 2010 to 2024

Latest Nortech Systems' Debt Ratio Growth Pattern

Nortech Debt Ratio Regression Statistics

Nortech Debt Ratio History

Other Fundumenentals of Nortech Systems

Nortech Systems Debt Ratio component correlations

About Nortech Systems Financial Statements

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Nortech Stock Analysis

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