Nortech Systems Inc financial data

Symbol
NSYS on Nasdaq
Industry
Electronic Components, NEC
Location
7550 Meridian Circle N, Suite 150, Maple Grove, MN
State of incorporation
MN
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 249 % +14.5%
Quick Ratio 95.7 % +13.7%
Debt-to-equity 112 % -9.95%
Return On Equity -3.65 % -117%
Return On Assets -1.72 % -117%
Operating Margin -0.15 % -103%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.76M shares +0.75%
Common Stock, Shares, Outstanding 2.76M shares +0.75%
Entity Public Float 17.7M USD +43.3%
Common Stock, Value, Issued 28K USD +3.7%
Weighted Average Number of Shares Outstanding, Basic 2.76M shares +1.21%
Weighted Average Number of Shares Outstanding, Diluted 2.76M shares -4.53%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 128M USD -8.04%
Research and Development Expense 1.19M USD -0.67%
General and Administrative Expense 11.7M USD -5.22%
Operating Income (Loss) -195K USD -103%
Nonoperating Income (Expense) -167K USD -51.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -939K USD -117%
Income Tax Expense (Benefit) 356K USD
Net Income (Loss) Attributable to Parent -1.3M USD -119%
Earnings Per Share, Basic -0.47 USD/shares -119%
Earnings Per Share, Diluted -0.47 USD/shares -120%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 916K USD -4.58%
Accounts Receivable, after Allowance for Credit Loss, Current 14.9M USD -22.8%
Inventory, Net 21.6M USD -0.1%
Assets, Current 55.3M USD -5.92%
Deferred Income Tax Assets, Net 2.58M USD -2.5%
Property, Plant and Equipment, Net 6.23M USD -4.31%
Operating Lease, Right-of-Use Asset 8.14M USD +17.7%
Assets 72.4M USD -3.58%
Accounts Payable, Current 11.6M USD -27.3%
Employee-related Liabilities, Current 1.84M USD -55.5%
Contract with Customer, Liability, Current 5.14M USD +26.4%
Liabilities, Current 21.4M USD -19.4%
Deferred Income Tax Liabilities, Net 278K USD
Operating Lease, Liability, Noncurrent 7.77M USD +14.9%
Other Liabilities, Noncurrent 284K USD -31.4%
Liabilities 38.4M USD -3.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -977K USD -83.6%
Retained Earnings (Accumulated Deficit) 17.4M USD -6.94%
Stockholders' Equity Attributable to Parent 34M USD -3.79%
Liabilities and Equity 72.4M USD -3.58%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.83M USD +64.6%
Net Cash Provided by (Used in) Financing Activities 274K USD
Net Cash Provided by (Used in) Investing Activities -735K USD -48.2%
Common Stock, Shares Authorized 9M shares 0%
Common Stock, Shares, Issued 2.76M shares +0.75%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.35M USD +1448%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 916K USD -45.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 134K USD +3.88%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Deferred Tax Assets, Gross 4.43M USD +4.6%
Operating Lease, Liability 8.95M USD +14.8%
Depreciation 482K USD -4.55%
Payments to Acquire Property, Plant, and Equipment 744K USD +50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.74M USD -126%
Lessee, Operating Lease, Liability, to be Paid 12.5M USD +10.1%
Operating Lease, Liability, Current 1.18M USD +13.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.86M USD +36.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.84M USD +14.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.55M USD -0.31%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.57M USD +20.1%
Preferred Stock, Shares Issued 250K shares 0%
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 131 USD -99.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.57M USD +24.9%
Operating Lease, Payments 459K USD -6.9%
Additional Paid in Capital 17.3M USD +2.36%
Preferred Stock, Shares Outstanding 250K shares 0%
Amortization of Intangible Assets 159K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 4.81M USD +8.67%
Share-based Payment Arrangement, Expense 80K USD -19.2%
Interest Expense 544K USD +28.6%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%