Nortech Systems Incorporated (NSYS) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Nortech Systems Incorporated (NSYS) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

60.67M

56.15M

59.21M

58.32M

57.32M

55.31M

60.28M

59.16M

59.12M

58.79M

52.59M

54.35M

55.57M

54.86M

58.15M

56.45M

52.82M

51.77M

51.13M

46.17M

Cash & Short-Term Investments

1.96M

1.66M

1.27M

652K

1.16M

916K

1.24M

1.54M

4.03M

960K

699K

781K

1.27M

1.03M

1.3M

944K

841K

643K

444K

661K

Cash Only

1.96M

1.66M

1.27M

652K

1.16M

916K

1.24M

1.54M

4.03M

960K

699K

781K

1.27M

1.03M

1.3M

944K

841K

643K

444K

661K

Short-Term Investments

Accounts Receivable

33.83M

32.18M

34.14M

32.79M

29.07M

28.67M

31.64M

32.53M

30.25M

33.76M

27.7M

28.99M

29.66M

28.61M

30.59M

30.75M

28.02M

28.45M

27.29M

24.84M

Days Sales Outstanding

97.99

100.64

101.01

91.77

96.61

96.93

93.99

84.28

85.12

78.42

78.15

76.2

75.15

76.45

79.99

82.23

82.75

76.63

81.42

66.37

Inventory

23.56M

20.7M

18.43M

18.63M

20.91M

21.64M

22.33M

22.79M

22.95M

21.66M

21.47M

21.08M

21.34M

22.44M

23.61M

22.97M

21.19M

19.43M

20.64M

18.3M

Days Inventory Outstanding

77.75

71.28

66.95

69.63

80.39

78.4

75.28

71.1

70.56

67.88

69.77

65.33

69.42

74.02

73.02

68.55

59.88

83.67

60.53

Other Current Assets

1.31M

1.62M

5.37M

6.24M

6.18M

4.09M

5.07M

2.29M

1.89M

2.41M

810K

1.13M

1.37M

1.45M

792K

231K

776K

1.58M

999K

592K

Total Non-Current Assets

15.97M

15.77M

15.55M

16.51M

16.21M

17.12M

16.69M

17.1M

16.34M

16.33M

13.39M

14.08M

14.49M

14.68M

14.97M

15.04M

15.09M

15.32M

15.38M

16.64M

Property, Plant & Equipment

11.8M

12.22M

12.63M

13.01M

13.41M

14.37M

13.87M

14.28M

13.47M

13.43M

13.09M

13.74M

14.1M

14.26M

14.54M

14.56M

14.63M

14.82M

14.86M

15.08M

Fixed Asset Turnover

2.52x

2.44x

2.38x

2.32x

1.94x

2.03x

2.23x

2.44x

2.54x

2.72x

2.49x

2.52x

2.46x

2.47x

2.42x

2.23x

2.09x

2.26x

1.97x

Goodwill

Intangible Assets

151K

156K

160K

165K

169K

174K

179K

183K

223K

263K

303K

342K

382K

422K

433K

471K

465K

501K

524K

1.13M

Long-Term Investments

Other Non-Current Assets

266K

2.76M

61K

59K

-1

430K

Total Assets

76.64M

71.92M

74.76M

74.83M

73.53M

72.44M

76.97M

76.26M

75.45M

75.13M

65.99M

68.43M

70.06M

69.54M

73.11M

71.49M

67.91M

67.09M

66.51M

62.81M

Asset Turnover

0.41x

0.37x

0.38x

0.41x

0.45x

0.51x

0.50x

0.51x

0.50x

0.49x

0.47x

0.45x

0.50x

0.46x

0.50x

Asset Growth %

4.23%

-0.71%

-2.87%

-1.88%

-2.54%

-3.58%

16.64%

11.43%

7.7%

8.03%

-9.75%

-4.27%

3.16%

3.65%

9.92%

13.82%

18.11%

16.41%

10.93%

2.84%

Total Current Liabilities

33M

29.84M

33.6M

21.61M

20.72M

21.43M

23.32M

23.3M

25.72M

26.58M

23.2M

24.4M

27.45M

26.4M

26.57M

24.29M

24.71M

22.31M

32.88M

31.43M

Accounts Payable

14.64M

12.81M

11.68M

11.93M

10.06M

11.58M

12.31M

12.73M

15.22M

15.92M

13.1M

15.34M

13.08M

14.79M

14.7M

14.11M

14.01M

12.71M

14.14M

12.81M

Days Payables Outstanding

48.23

44.62

42.66

38.73

40.89

42.61

41.78

43.43

49.25

45.68

46.64

43.77

42.66

44.46

45.78

46.5

45.09

40.12

57.91

44.17

Short-Term Debt

7.92M

8.61M

12.03M

563K

9.21M

10.72M

Deferred Revenue (Current)

4.67M

5.39M

5.18M

5.03M

5.14M

5.26M

5.45M

3.14M

4.07M

3.32M

4.83M

3.52M

3.87M

Other Current Liabilities

3.04M

4.72M

3.89M

Current Ratio

1.84x

1.88x

1.76x

2.70x

2.77x

2.58x

2.59x

2.54x

2.30x

2.21x

2.27x

2.23x

2.02x

2.08x

2.19x

2.32x

2.14x

2.32x

1.56x

1.47x

Quick Ratio

1.12x

1.19x

1.21x

1.84x

1.76x

1.57x

1.63x

1.56x

1.41x

1.40x

1.34x

1.36x

1.25x

1.23x

1.30x

1.38x

1.28x

1.45x

0.93x

0.89x

Cash Conversion Cycle

127.51

127.3

125.3

122.66

136.1

132.72

127.5

111.95

106.42

100.62

101.28

97.75

99.5

101.41

108.23

108.75

106.2

96.39

107.18

82.73

Total Non-Current Liabilities

8.93M

7.53M

7.79M

19.83M

19.98M

17M

17.96M

16.82M

13.72M

13.2M

12.08M

14.55M

13.7M

15.06M

18.36M

20.3M

16.86M

18.67M

12.6M

13.97M

Long-Term Debt

1.74M

11.62M

11.96M

8.63M

9.51M

8.31M

6.17M

5.82M

4.61M

7.02M

5.84M

6.85M

9.83M

11.36M

7.53M

8.96M

3.04M

3.8M

Capital Lease Obligations

6.76M

7.1M

7.51M

7.93M

7.74M

8.08M

8.03M

8.1M

7.14M

6.97M

7.1M

7.43M

7.76M

8.11M

8.44M

8.84M

9.23M

9.61M

9.45M

9.84M

Deferred Tax Liabilities

360K

Other Non-Current Liabilities

428K

66K

287K

288K

287K

284K

421K

409K

410K

414K

373K

95K

94K

95K

99K

100K

102K

104K

106K

329K

Total Liabilities

41.93M

37.37M

41.4M

41.44M

40.7M

38.43M

41.28M

40.11M

39.45M

39.78M

35.28M

38.95M

41.15M

41.46M

44.93M

44.59M

41.58M

40.98M

45.48M

45.4M

Total Debt

17.99M

15.71M

21.1M

21.01M

21.57M

18.04M

18.89M

17.79M

14.85M

14.18M

13.1M

15.9M

15.13M

16.51M

19.77M

21.74M

18.35M

20.21M

23.33M

26.01M

Net Debt

16.03M

14.05M

19.82M

20.36M

20.41M

17.12M

17.65M

16.25M

10.82M

13.22M

12.4M

15.12M

13.86M

15.48M

18.46M

20.8M

17.51M

19.57M

22.89M

25.35M

Debt / Equity

0.52x

0.45x

0.63x

0.66x

0.53x

0.49x

0.41x

0.40x

0.43x

0.54x

0.52x

0.59x

0.70x

0.81x

0.70x

0.77x

1.11x

1.49x

Debt / EBITDA

51.41x

13.06x

16.90x

19.58x

21.49x

9.07x

4.45x

8.01x

9.81x

9.71x

13.46x

8.17x

14.44x

28.01x

4.28x

29.03x

Net Debt / EBITDA

45.79x

11.68x

15.89x

18.97x

19.63x

6.61x

4.15x

7.58x

9.33x

8.90x

12.62x

7.64x

13.81x

26.73x

4.20x

28.29x

Interest Coverage

0.18x

4.10x

3.46x

2.89x

-7.54x

-6.26x

-2.16x

2.08x

6.92x

21.94x

8.65x

8.79x

9.57x

10.12x

15.94x

8.76x

1.72x

-7.18x

43.89x

3.50x

Total Equity

34.71M

34.55M

33.36M

33.39M

32.83M

34.01M

35.69M

36.15M

36.01M

35.34M

30.71M

29.49M

28.91M

28.08M

28.18M

26.9M

26.34M

26.11M

21.04M

17.41M

Equity Growth %

5.71%

1.59%

-6.54%

-7.63%

-8.82%

-3.79%

16.22%

22.57%

24.57%

25.87%

8.96%

9.61%

9.76%

7.54%

33.98%

54.5%

53.55%

39.5%

-4.93%

-13.04%

Book Value per Share

12.46

12.44

11.98

11.30

11.89

12.33

12.93

12.31

12.50

12.27

10.63

10.27

9.95

10.46

9.72

9.32

9.17

9.07

7.30

6.29

Total Shareholders' Equity

34.71M

34.55M

33.36M

33.39M

32.83M

34.01M

35.69M

36.15M

36.01M

35.34M

30.71M

29.49M

28.91M

28.08M

28.18M

26.9M

26.34M

26.11M

21.04M

17.41M

Common Stock

28K

27K

Retained Earnings

17.09M

17.12M

16.23M

16.37M

16.06M

17.38M

18.85M

19.59M

19.43M

18.67M

14.32M

13.11M

12.48M

11.83M

12.21M

10.67M

9.95M

9.82M

4.85M

1.29M

Treasury Stock

Accumulated OCI

-640K

-709K

-868K

-847K

-971K

-977K

-667K

-890K

-715K

-532K

-688K

-611K

-330K

-370K

-548K

-183K

61K

56K

-17K

-13K

Minority Interest

Nortech Systems Incorporated (NSYS) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Nortech Systems Incorporated (NSYS) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21

Total Current Assets

60.67M

56.15M

59.21M

58.32M

57.32M

55.31M

60.28M

59.16M

59.12M

58.79M

52.59M

54.35M

55.57M

54.86M

58.15M

56.45M

52.82M

51.77M

51.13M

46.17M

Cash & Short-Term Investments

1.96M

1.66M

1.27M

652K

1.16M

916K

1.24M

1.54M

4.03M

960K

699K

781K

1.27M

1.03M

1.3M

944K

841K

643K

444K

661K

Cash Only

1.96M

1.66M

1.27M

652K

1.16M

916K

1.24M

1.54M

4.03M

960K

699K

781K

1.27M

1.03M

1.3M

944K

841K

643K

444K

661K

Short-Term Investments

Accounts Receivable

33.83M

32.18M

34.14M

32.79M

29.07M

28.67M

31.64M

32.53M

30.25M

33.76M

27.7M

28.99M

29.66M

28.61M

30.59M

30.75M

28.02M

28.45M

27.29M

24.84M

Days Sales Outstanding

97.99

100.64

101.01

91.77

96.61

96.93

93.99

84.28

85.12

78.42

78.15

76.2

75.15

76.45

79.99

82.23

82.75

76.63

81.42

66.37

Inventory

23.56M

20.7M

18.43M

18.63M

20.91M

21.64M

22.33M

22.79M

22.95M

21.66M

21.47M

21.08M

21.34M

22.44M

23.61M

22.97M

21.19M

19.43M

20.64M

18.3M

Days Inventory Outstanding

77.75

71.28

66.95

69.63

80.39

78.4

75.28

71.1

70.56

67.88

69.77

65.33

69.42

74.02

73.02

68.55

59.88

83.67

60.53

Other Current Assets

1.31M

1.62M

5.37M

6.24M

6.18M

4.09M

5.07M

2.29M

1.89M

2.41M

810K

1.13M

1.37M

1.45M

792K

231K

776K

1.58M

999K

592K

Total Non-Current Assets

15.97M

15.77M

15.55M

16.51M

16.21M

17.12M

16.69M

17.1M

16.34M

16.33M

13.39M

14.08M

14.49M

14.68M

14.97M

15.04M

15.09M

15.32M

15.38M

16.64M

Property, Plant & Equipment

11.8M

12.22M

12.63M

13.01M

13.41M

14.37M

13.87M

14.28M

13.47M

13.43M

13.09M

13.74M

14.1M

14.26M

14.54M

14.56M

14.63M

14.82M

14.86M

15.08M

Fixed Asset Turnover

2.52x

2.44x

2.38x

2.32x

1.94x

2.03x

2.23x

2.44x

2.54x

2.72x

2.49x

2.52x

2.46x

2.47x

2.42x

2.23x

2.09x

2.26x

1.97x

Goodwill

Intangible Assets

151K

156K

160K

165K

169K

174K

179K

183K

223K

263K

303K

342K

382K

422K

433K

471K

465K

501K

524K

1.13M

Long-Term Investments

Other Non-Current Assets

266K

2.76M

61K

59K

-1

430K

Total Assets

76.64M

71.92M

74.76M

74.83M

73.53M

72.44M

76.97M

76.26M

75.45M

75.13M

65.99M

68.43M

70.06M

69.54M

73.11M

71.49M

67.91M

67.09M

66.51M

62.81M

Asset Turnover

0.41x

0.37x

0.38x

0.41x

0.45x

0.51x

0.50x

0.51x

0.50x

0.49x

0.47x

0.45x

0.50x

0.46x

0.50x

Asset Growth %

4.23%

-0.71%

-2.87%

-1.88%

-2.54%

-3.58%

16.64%

11.43%

7.7%

8.03%

-9.75%

-4.27%

3.16%

3.65%

9.92%

13.82%

18.11%

16.41%

10.93%

2.84%

Total Current Liabilities

33M

29.84M

33.6M

21.61M

20.72M

21.43M

23.32M

23.3M

25.72M

26.58M

23.2M

24.4M

27.45M

26.4M

26.57M

24.29M

24.71M

22.31M

32.88M

31.43M

Accounts Payable

14.64M

12.81M

11.68M

11.93M

10.06M

11.58M

12.31M

12.73M

15.22M

15.92M

13.1M

15.34M

13.08M

14.79M

14.7M

14.11M

14.01M

12.71M

14.14M

12.81M

Days Payables Outstanding

48.23

44.62

42.66

38.73

40.89

42.61

41.78

43.43

49.25

45.68

46.64

43.77

42.66

44.46

45.78

46.5

45.09

40.12

57.91

44.17

Short-Term Debt

7.92M

8.61M

12.03M

563K

9.21M

10.72M

Deferred Revenue (Current)

4.67M

5.39M

5.18M

5.03M

5.14M

5.26M

5.45M

3.14M

4.07M

3.32M

4.83M

3.52M

3.87M

Other Current Liabilities

3.04M

4.72M

3.89M

Current Ratio

1.84x

1.88x

1.76x

2.70x

2.77x

2.58x

2.59x

2.54x

2.30x

2.21x

2.27x

2.23x

2.02x

2.08x

2.19x

2.32x

2.14x

2.32x

1.56x

1.47x

Quick Ratio

1.12x

1.19x

1.21x

1.84x

1.76x

1.57x

1.63x

1.56x

1.41x

1.40x

1.34x

1.36x

1.25x

1.23x

1.30x

1.38x

1.28x

1.45x

0.93x

0.89x

Cash Conversion Cycle

127.51

127.3

125.3

122.66

136.1

132.72

127.5

111.95

106.42

100.62

101.28

97.75

99.5

101.41

108.23

108.75

106.2

96.39

107.18

82.73

Total Non-Current Liabilities

8.93M

7.53M

7.79M

19.83M

19.98M

17M

17.96M

16.82M

13.72M

13.2M

12.08M

14.55M

13.7M

15.06M

18.36M

20.3M

16.86M

18.67M

12.6M

13.97M

Long-Term Debt

1.74M

11.62M

11.96M

8.63M

9.51M

8.31M

6.17M

5.82M

4.61M

7.02M

5.84M

6.85M

9.83M

11.36M

7.53M

8.96M

3.04M

3.8M

Capital Lease Obligations

6.76M

7.1M

7.51M

7.93M

7.74M

8.08M

8.03M

8.1M

7.14M

6.97M

7.1M

7.43M

7.76M

8.11M

8.44M

8.84M

9.23M

9.61M

9.45M

9.84M

Deferred Tax Liabilities

360K

Other Non-Current Liabilities

428K

66K

287K

288K

287K

284K

421K

409K

410K

414K

373K

95K

94K

95K

99K

100K

102K

104K

106K

329K

Total Liabilities

41.93M

37.37M

41.4M

41.44M

40.7M

38.43M

41.28M

40.11M

39.45M

39.78M

35.28M

38.95M

41.15M

41.46M

44.93M

44.59M

41.58M

40.98M

45.48M

45.4M

Total Debt

17.99M

15.71M

21.1M

21.01M

21.57M

18.04M

18.89M

17.79M

14.85M

14.18M

13.1M

15.9M

15.13M

16.51M

19.77M

21.74M

18.35M

20.21M

23.33M

26.01M

Net Debt

16.03M

14.05M

19.82M

20.36M

20.41M

17.12M

17.65M

16.25M

10.82M

13.22M

12.4M

15.12M

13.86M

15.48M

18.46M

20.8M

17.51M

19.57M

22.89M

25.35M

Debt / Equity

0.52x

0.45x

0.63x

0.66x

0.53x

0.49x

0.41x

0.40x

0.43x

0.54x

0.52x

0.59x

0.70x

0.81x

0.70x

0.77x

1.11x

1.49x

Debt / EBITDA

51.41x

13.06x

16.90x

19.58x

21.49x

9.07x

4.45x

8.01x

9.81x

9.71x

13.46x

8.17x

14.44x

28.01x

4.28x

29.03x

Net Debt / EBITDA

45.79x

11.68x

15.89x

18.97x

19.63x

6.61x

4.15x

7.58x

9.33x

8.90x

12.62x

7.64x

13.81x

26.73x

4.20x

28.29x

Interest Coverage

0.18x

4.10x

3.46x

2.89x

-7.54x

-6.26x

-2.16x

2.08x

6.92x

21.94x

8.65x

8.79x

9.57x

10.12x

15.94x

8.76x

1.72x

-7.18x

43.89x

3.50x

Total Equity

34.71M

34.55M

33.36M

33.39M

32.83M

34.01M

35.69M

36.15M

36.01M

35.34M

30.71M

29.49M

28.91M

28.08M

28.18M

26.9M

26.34M

26.11M

21.04M

17.41M

Equity Growth %

5.71%

1.59%

-6.54%

-7.63%

-8.82%

-3.79%

16.22%

22.57%

24.57%

25.87%

8.96%

9.61%

9.76%

7.54%

33.98%

54.5%

53.55%

39.5%

-4.93%

-13.04%

Book Value per Share

12.46

12.44

11.98

11.30

11.89

12.33

12.93

12.31

12.50

12.27

10.63

10.27

9.95

10.46

9.72

9.32

9.17

9.07

7.30

6.29

Total Shareholders' Equity

34.71M

34.55M

33.36M

33.39M

32.83M

34.01M

35.69M

36.15M

36.01M

35.34M

30.71M

29.49M

28.91M

28.08M

28.18M

26.9M

26.34M

26.11M

21.04M

17.41M

Common Stock

28K

27K

Retained Earnings

17.09M

17.12M

16.23M

16.37M

16.06M

17.38M

18.85M

19.59M

19.43M

18.67M

14.32M

13.11M

12.48M

11.83M

12.21M

10.67M

9.95M

9.82M

4.85M

1.29M

Treasury Stock

Accumulated OCI

-640K

-709K

-868K

-847K

-971K

-977K

-667K

-890K

-715K

-532K

-688K

-611K

-330K

-370K

-548K

-183K

61K

56K

-17K

-13K

Minority Interest

NSYS Balance Sheet

NSYS Balance Sheet