Nortech Income Quality from 2010 to 2024

NSYS Stock  USD 11.60  1.21  11.65%   
Nortech Systems Income Quality yearly trend continues to be comparatively stable with very little volatility. Income Quality will likely drop to 0.24 in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.25734652
Current Value
0.24
Quarterly Volatility
20.99756281
 
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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' Income Quality Growth Pattern

Below is the plot of the Income Quality of Nortech Systems Incorporated over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Nortech Systems' Income Quality 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.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Nortech Income Quality Regression Statistics

Arithmetic Mean6.66
Geometric Mean1.55
Coefficient Of Variation315.07
Mean Deviation11.04
Median0.26
Standard Deviation21.00
Sample Variance440.90
Range86.6771
R-Value(0.07)
Mean Square Error472.51
R-Squared0
Significance0.81
Slope(0.33)
Total Sum of Squares6,173

Nortech Income Quality History

2024 0.24
2023 0.26
2022 2.69
2021 -0.63
2020 -0.88
2019 -0.81
2018 14.72

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Income Quality, 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
Income Quality 0.26  0.24 

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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.