Nortech Net Receivables from 2010 to 2024

NSYS Stock  USD 10.39  0.28  2.77%   
Nortech Systems Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. From the period from 2010 to 2024, Nortech Systems Net Receivables quarterly data regression had r-value of  0.92 and coefficient of variation of  40.67. View All Fundamentals
 
Net Receivables  
First Reported
1993-06-30
Previous Quarter
32.5 M
Current Value
16.6 M
Quarterly Volatility
8.4 M
 
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 Receivables Growth Pattern

Below is the plot of the Net Receivables of Nortech Systems Incorporated over the last few years. It is Nortech Systems' Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Nortech Net Receivables Regression Statistics

Arithmetic Mean21,333,744
Geometric Mean18,307,287
Coefficient Of Variation40.67
Mean Deviation6,826,506
Median18,431,746
Standard Deviation8,677,248
Sample Variance75.3T
Range33.8M
R-Value0.92
Mean Square Error13T
R-Squared0.84
Slope1,778,326
Total Sum of Squares1054.1T

Nortech Net Receivables History

202435.4 M
202333.8 M
202228.6 M
202128.5 M
202021.5 M
201926.2 M
201826.5 M

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Net Receivables, 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 Receivables33.8 M35.4 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.