Nortech Fixed Asset Turnover from 2010 to 2025

NSYS Stock  USD 10.20  0.18  1.73%   
Nortech Systems Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 7.47 in 2025. From the period from 2010 to 2025, Nortech Systems Fixed Asset Turnover quarterly data regression had r-value of (0.25) and coefficient of variation of  18.76. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
9.34
Current Value
7.47
Quarterly Volatility
1.74762307
 
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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' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Nortech Systems Incorporated over the last few years. It is Nortech Systems' Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Nortech Fixed Asset Turnover Regression Statistics

Arithmetic Mean9.32
Geometric Mean9.16
Coefficient Of Variation18.76
Mean Deviation1.44
Median9.41
Standard Deviation1.75
Sample Variance3.05
Range5.8261
R-Value(0.25)
Mean Square Error3.07
R-Squared0.06
Significance0.36
Slope(0.09)
Total Sum of Squares45.81

Nortech Fixed Asset Turnover History

2025 7.47
2024 9.34
2023 10.37
2022 9.41
2021 7.77
2020 6.75
2019 8.07

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Fixed Asset Turnover, 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
Fixed Asset Turnover 9.34  7.47 

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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.