Nortech Depreciation And Amortization from 2010 to 2024

NSYS Stock  USD 11.20  0.08  0.71%   
Nortech Systems Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 1.8 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1994-03-31
Previous Quarter
484 K
Current Value
434 K
Quarterly Volatility
141.7 K
 
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 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' Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Nortech Systems Incorporated over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Nortech Systems' Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Nortech Depreciation And Amortization Regression Statistics

Arithmetic Mean1,964,578
Geometric Mean1,780,998
Coefficient Of Variation26.66
Mean Deviation285,120
Median2,035,664
Standard Deviation523,815
Sample Variance274.4B
Range2.3M
R-Value0.34
Mean Square Error260.4B
R-Squared0.12
Significance0.21
Slope40,379
Total Sum of Squares3.8T

Nortech Depreciation And Amortization History

20241.8 M
2023M
20221.9 M
20211.9 M
20202.2 M
20192.2 M
20182.2 M

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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 ReportedProjected for Next Year
Depreciation And AmortizationM1.8 M

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Additional Tools for Nortech Stock Analysis

When running Nortech Systems' price analysis, check to measure Nortech Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.