Nortech Intangibles To Total Assets from 2010 to 2024

NSYS Stock  USD 10.39  0.22  2.07%   
Nortech Systems Intangibles To Total Assets yearly trend continues to be comparatively stable with very little volatility. Intangibles To Total Assets will likely drop to 0 in 2024. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.00350074
Current Value
0.003326
Quarterly Volatility
0.03809891
 
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' Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Nortech Systems Incorporated over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Nortech Systems' Intangibles To Total Assets 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.
Intangibles To Total Assets10 Years Trend
Pretty Stable
   Intangibles To Total Assets   
       Timeline  

Nortech Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.01
Coefficient Of Variation111.31
Mean Deviation0.03
Median0.01
Standard Deviation0.04
Sample Variance0
Range0.0933
R-Value(0.20)
Mean Square Error0
R-Squared0.04
Significance0.47
Slope(0)
Total Sum of Squares0.02

Nortech Intangibles To Total Assets History

2024 0.003326
2023 0.003501
2022 0.006068
2021 0.007467
2020 0.0204
2019 0.0605
2018 0.065

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Intangibles To Total Assets, 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

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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.