Nortech Retained Earnings from 2010 to 2024

NSYS Stock  USD 10.11  0.31  2.98%   
Nortech Systems Retained Earnings yearly trend continues to be comparatively stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Nortech Systems Incorporated retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
1993-06-30
Previous Quarter
19.6 M
Current Value
18.9 M
Quarterly Volatility
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' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Nortech Systems Incorporated over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Nortech Systems' Retained Earnings 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 18.67 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Nortech Retained Earnings Regression Statistics

Arithmetic Mean6,896,262
Coefficient Of Variation94.77
Mean Deviation4,310,727
Median5,982,721
Standard Deviation6,535,734
Sample Variance42.7T
Range27.5M
R-Value0.75
Mean Square Error19.9T
R-Squared0.57
Significance0
Slope1,099,884
Total Sum of Squares598T

Nortech Retained Earnings History

202419.6 M
202318.7 M
202211.8 M
20219.8 M
20202.7 M
20194.2 M
20185.4 M

Other Fundumenentals of Nortech Systems

Nortech Systems Retained Earnings component correlations

0.90.810.660.90.780.960.99-0.080.060.810.190.760.140.310.60.280.380.280.55-0.06
0.90.540.770.740.70.750.930.11-0.230.76-0.070.770.10.580.390.450.340.50.61-0.16
0.810.540.360.660.620.890.75-0.110.170.720.30.640.24-0.040.54-0.050.27-0.20.290.09
0.660.770.360.510.880.520.690.09-0.340.64-0.110.590.360.590.360.750.20.730.75-0.72
0.90.740.660.510.70.910.88-0.150.290.720.310.5-0.080.070.650.170.330.250.360.0
0.780.70.620.880.70.760.8-0.11-0.130.640.110.620.490.420.530.610.130.570.77-0.6
0.960.750.890.520.910.760.93-0.190.240.760.340.680.160.110.670.140.360.110.460.01
0.990.930.750.690.880.80.93-0.03-0.040.790.10.780.170.410.530.320.340.350.61-0.08
-0.080.11-0.110.09-0.15-0.11-0.19-0.03-0.630.23-0.870.01-0.080.18-0.71-0.03-0.28-0.02-0.08-0.01
0.06-0.230.17-0.340.29-0.130.24-0.04-0.63-0.070.77-0.24-0.38-0.690.58-0.30.46-0.31-0.340.29
0.810.760.720.640.720.640.760.790.23-0.070.070.52-0.160.040.490.130.20.090.19-0.12
0.19-0.070.3-0.110.310.110.340.1-0.870.770.07-0.13-0.22-0.50.86-0.20.27-0.17-0.180.14
0.760.770.640.590.50.620.680.780.01-0.240.52-0.130.440.60.230.430.420.220.71-0.14
0.140.10.240.36-0.080.490.160.17-0.08-0.38-0.16-0.220.440.56-0.120.54-0.150.340.73-0.5
0.310.58-0.040.590.070.420.110.410.18-0.690.04-0.50.60.56-0.220.620.050.670.81-0.36
0.60.390.540.360.650.530.670.53-0.710.580.490.860.23-0.12-0.220.130.340.130.15-0.12
0.280.45-0.050.750.170.610.140.32-0.03-0.30.13-0.20.430.540.620.130.050.840.72-0.84
0.380.340.270.20.330.130.360.34-0.280.460.20.270.42-0.150.050.340.05-0.030.220.06
0.280.5-0.20.730.250.570.110.35-0.02-0.310.09-0.170.220.340.670.130.84-0.030.71-0.7
0.550.610.290.750.360.770.460.61-0.08-0.340.19-0.180.710.730.810.150.720.220.71-0.55
-0.06-0.160.09-0.720.0-0.60.01-0.08-0.010.29-0.120.14-0.14-0.5-0.36-0.12-0.840.06-0.7-0.55
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About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Retained Earnings, 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
Retained Earnings18.7 M19.6 M
Retained Earnings Total Equity2.4 M4.1 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.