Nortech Net Income from 2010 to 2024

NSYS Stock  USD 11.28  0.16  1.40%   
Nortech Systems Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Nortech Systems Net Income quarterly data regression had r-value of  0.52 and coefficient of variation of  211.17. View All Fundamentals
 
Net Income  
First Reported
1993-03-31
Previous Quarter
157 K
Current Value
-739 K
Quarterly Volatility
908.1 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' Net Income Growth Pattern

Below is the plot of the Net Income of Nortech Systems Incorporated over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Nortech Systems financial statement analysis. It represents the amount of money remaining after all of Nortech Systems Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Nortech Systems' Net Income 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 6.87 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Nortech Net Income Regression Statistics

Arithmetic Mean1,477,403
Geometric Mean1,140,006
Coefficient Of Variation211.17
Mean Deviation2,312,812
Median787,376
Standard Deviation3,119,850
Sample Variance9.7T
Range9.7M
R-Value0.52
Mean Square Error7.7T
R-Squared0.27
Significance0.05
Slope362,602
Total Sum of Squares136.3T

Nortech Net Income History

20247.2 M
20236.9 M
2022M
20217.2 M
2020-1.5 M
2019-1.2 M
2018166 K

Other Fundumenentals of Nortech Systems

Nortech Systems Net Income component correlations

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Net Income, 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
Net Income6.9 M7.2 M
Net Income Applicable To Common Shares1.8 M1.9 M
Net Income From Continuing Ops2.1 M2.2 M
Net Income Per Share 2.53  2.65 
Net Income Per E B T 1.26  1.32 

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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.