Nortech Total Current Liabilities from 2010 to 2025

NSYS Stock  USD 10.00  0.02  0.20%   
Nortech Systems Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 16.7 M in 2025. Total Current Liabilities is the total amount of liabilities that Nortech Systems Incorporated is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1993-06-30
Previous Quarter
23.3 M
Current Value
23.3 M
Quarterly Volatility
8.5 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 Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Nortech Systems Incorporated over the last few years. Total Current Liabilities is an item on Nortech Systems balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nortech Systems Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Nortech Systems' Total Current Liabilities 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 Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Nortech Total Current Liabilities Regression Statistics

Arithmetic Mean19,721,763
Geometric Mean17,610,624
Coefficient Of Variation34.10
Mean Deviation4,692,071
Median20,305,639
Standard Deviation6,725,366
Sample Variance45.2T
Range28.5M
R-Value0.45
Mean Square Error38.8T
R-Squared0.20
Significance0.08
Slope629,840
Total Sum of Squares678.5T

Nortech Total Current Liabilities History

202516.7 M
202430.6 M
202326.6 M
202223 M
202122.3 M
202011.2 M
201922.2 M

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Total Current Liabilities, 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 Liabilities30.6 M16.7 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.