Nortech Total Assets from 2010 to 2024

NSYS Stock  USD 10.11  0.31  2.98%   
Nortech Systems Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets will likely drop to about 45.4 M in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1993-06-30
Previous Quarter
76.3 M
Current Value
77 M
Quarterly Volatility
18.2 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' Total Assets Growth Pattern

Below is the plot of the Total Assets of Nortech Systems Incorporated over the last few years. Total assets refers to the total amount of Nortech Systems assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Nortech Systems books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Nortech Systems' 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.
ViewLast Reported 75.13 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Nortech Total Assets Regression Statistics

Arithmetic Mean52,863,587
Geometric Mean48,090,559
Coefficient Of Variation29.95
Mean Deviation10,657,987
Median55,516,515
Standard Deviation15,834,931
Sample Variance250.7T
Range68.5M
R-Value0.70
Mean Square Error138.6T
R-Squared0.49
Significance0
Slope2,469,982
Total Sum of Squares3510.4T

Nortech Total Assets History

202445.4 M
202375.1 M
202269.5 M
202167.1 M
202057.6 M
201961.4 M
201860 M

Other Fundumenentals of Nortech Systems

Nortech Systems Total Assets 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
Click cells to compare fundamentals

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as 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
Total Assets75.1 M45.4 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.