Nortech Total Current Assets from 2010 to 2024

NSYS Stock  USD 10.42  0.03  0.29%   
Nortech Systems Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 34 M in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1993-06-30
Previous Quarter
59.2 M
Current Value
60.3 M
Quarterly Volatility
14.4 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' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Nortech Systems Incorporated over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Nortech Systems' Total Current 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Nortech Total Current Assets Regression Statistics

Arithmetic Mean39,602,636
Geometric Mean35,609,719
Coefficient Of Variation31.44
Mean Deviation7,834,304
Median39,489,737
Standard Deviation12,453,035
Sample Variance155.1T
Range54.6M
R-Value0.69
Mean Square Error87.4T
R-Squared0.48
Significance0
Slope1,922,331
Total Sum of Squares2171.1T

Nortech Total Current Assets History

202434 M
202358.8 M
202254.9 M
202151.8 M
202041 M
201943.3 M
201845.9 M

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Total Current 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 Current Assets58.8 M34 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.