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Nortech Systems (NSYS)

(Delayed Data from NSDQ)

$12.32 USD

12.32
2,508

-0.20 (-1.60%)

Updated Aug 30, 2024 03:59 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 34% (84 out of 250)

Industry: Electronics - Miscellaneous Components

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Balance Sheet

Fiscal Year End for Nortech Systems Incorporated falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2 2 2 4 1
Receivables 19 19 20 16 19
Notes Receivable 0 0 0 0 0
Inventories 22 22 19 14 14
Other Current Assets 16 11 10 8 10
Total Current Assets 59 55 52 41 43
Net Property & Equipment 7 6 6 6 10
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 3 0 0 0 0
Intangibles 0 0 1 1 4
Deposits & Other Assets 0 0 0 0 0
Total Assets 75 70 67 58 61
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 16 15 13 11 14
Current Portion Long-Term Debt 0 0 0 1 0
Current Portion Capital Leases 0 0 1 1 1
Accrued Expenses 5 10 8 6 6
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 4 0 0 0 0
Total Current Liabilities 27 26 22 20 22
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 6 7 9 9 13
Non-Current Capital Leases 0 1 1 1 1
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 40 41 41 39 41
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 17 16 16 16 16
Retained Earnings 19 12 10 3 4
Other Equity -1 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 35 28 26 19 20
Total Liabilities & Shareholder's Equity 75 70 67 58 61
Total Common Equity 35 28 26 18 20
Shares Outstanding 2.70 2.60 2.60 2.60 2.60
Book Value Per Share 13.00 10.70 9.95 7.10 7.59

Fiscal Year End for Nortech Systems Incorporated falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents 2 4 2 1 2
Receivables 18 16 19 16 17
Notes Receivable 0 0 0 0 0
Inventories 23 23 22 21 21
Other Current Assets 17 16 16 14 14
Total Current Assets 59 59 59 53 54
Net Property & Equipment 6 6 7 6 6
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 3 3 3 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 0 0 0 0 0
Total Assets 76 75 75 66 68
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable 0 0 0 0 0
Accounts Payable 13 15 16 13 15
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 4 6 5 5 4
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 5 3 4 4 3
Total Current Liabilities 23 26 27 23 24
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 8 6 6 5 7
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 40 39 40 35 39
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 17 17 17 17 17
Retained Earnings 20 19 19 14 13
Other Equity -1 -1 -1 -1 -1
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 36 36 35 31 29
Total Liabilities & Shareholder's Equity 76 75 75 66 68
Total Common Equity 36 36 35 30 29
Shares Outstanding 2.70 2.70 2.70 2.70 2.70
Book Value Per Share 13.30 13.24 13.00 11.28 10.83