Nortech Systems Incorporated (NSYS) - Net Assets
Based on the latest financial reports, Nortech Systems Incorporated (NSYS) has net assets worth $33.36 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($74.76 Million) and total liabilities ($41.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nortech Systems Incorporated (NSYS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.36 Million |
| % of Total Assets | 44.62% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | 81.67% |
| 10-Year Change | 52.68% |
| Growth Volatility | 16.78 |
Nortech Systems Incorporated - Net Assets Trend (1993–2024)
This chart illustrates how Nortech Systems Incorporated's net assets have evolved over time, based on quarterly financial data. Also explore NSYS total asset value for the complete picture of this company's asset base.
Annual Net Assets for Nortech Systems Incorporated (1993–2024)
The table below shows the annual net assets of Nortech Systems Incorporated from 1993 to 2024. For live valuation and market cap data, see Nortech Systems Incorporated (NSYS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $34.01 Million | -3.79% |
| 2023-12-31 | $35.34 Million | +25.87% |
| 2022-12-31 | $28.08 Million | +7.54% |
| 2021-12-31 | $26.11 Million | +39.50% |
| 2020-12-31 | $18.72 Million | -6.30% |
| 2019-12-31 | $19.98 Million | -5.28% |
| 2018-12-31 | $21.09 Million | +6.38% |
| 2017-12-31 | $19.83 Million | -11.16% |
| 2016-12-31 | $22.31 Million | +0.19% |
| 2015-12-31 | $22.27 Million | -2.44% |
| 2014-12-31 | $22.83 Million | +4.07% |
| 2013-12-31 | $21.94 Million | +3.79% |
| 2012-12-31 | $21.14 Million | +3.07% |
| 2011-12-31 | $20.51 Million | +6.31% |
| 2010-12-31 | $19.29 Million | +3.00% |
| 2009-12-31 | $18.73 Million | -16.47% |
| 2008-12-31 | $22.42 Million | +10.37% |
| 2007-12-31 | $20.31 Million | +10.98% |
| 2006-12-31 | $18.30 Million | +9.90% |
| 2005-12-31 | $16.65 Million | +7.33% |
| 2004-12-31 | $15.52 Million | +8.35% |
| 2003-12-31 | $14.32 Million | +9.41% |
| 2002-12-31 | $13.09 Million | +23.82% |
| 2001-12-31 | $10.57 Million | +25.15% |
| 2000-12-31 | $8.45 Million | +32.44% |
| 1999-12-31 | $6.38 Million | -24.07% |
| 1998-12-31 | $8.40 Million | +2.44% |
| 1997-12-31 | $8.20 Million | +9.33% |
| 1996-12-31 | $7.50 Million | -1.32% |
| 1995-12-31 | $7.60 Million | +58.33% |
| 1994-12-31 | $4.80 Million | +37.14% |
| 1993-12-31 | $3.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nortech Systems Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2527500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.38 Million | 51.10% |
| Common Stock | $28.00K | 0.08% |
| Other Comprehensive Income | $-977.00K | -2.87% |
| Other Components | $17.58 Million | 51.70% |
| Total Equity | $34.01 Million | 100.00% |
Nortech Systems Incorporated Competitors by Market Cap
The table below lists competitors of Nortech Systems Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangsaphan Barmill Public Company Limited
BK:BSBM
|
$20.27 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$20.28 Million |
|
CCID Consulting Company Limited
F:CCX
|
$20.28 Million |
|
Curvebeam Ai Ltd
AU:CVB
|
$20.28 Million |
|
Inspira Technologies Oxy BHN Ltd
NASDAQ:IINN
|
$20.25 Million |
|
Cassius Mining Ltd
AU:CMD
|
$20.25 Million |
|
Lincoln Minerals Ltd
AU:LML
|
$20.24 Million |
|
Vow Green Metals AS
OL:VGM
|
$20.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nortech Systems Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,344,000 to 34,005,000, a change of -1,339,000 (-3.8%).
- Net loss of 1,295,000 reduced equity.
- Share repurchases of 100,000 reduced equity.
- Other comprehensive income decreased equity by 445,000.
- Other factors increased equity by 501,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.29 Million | -3.81% |
| Share Repurchases | $100.00K | -0.29% |
| Other Comprehensive Income | $-445.00K | -1.31% |
| Other Changes | $501.00K | +1.47% |
| Total Change | $- | -3.79% |
Book Value vs Market Value Analysis
This analysis compares Nortech Systems Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.07x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.01x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $1.64 | $13.18 | x |
| 1994-12-31 | $2.16 | $13.18 | x |
| 1995-12-31 | $3.22 | $13.18 | x |
| 1996-12-31 | $3.38 | $13.18 | x |
| 1997-12-31 | $4.71 | $13.18 | x |
| 1998-12-31 | $3.54 | $13.18 | x |
| 1999-12-31 | $2.70 | $13.18 | x |
| 2000-12-31 | $3.45 | $13.18 | x |
| 2001-12-31 | $4.30 | $13.18 | x |
| 2002-12-31 | $5.20 | $13.18 | x |
| 2003-12-31 | $5.66 | $13.18 | x |
| 2004-12-31 | $5.96 | $13.18 | x |
| 2005-12-31 | $6.37 | $13.18 | x |
| 2006-12-31 | $6.82 | $13.18 | x |
| 2007-12-31 | $7.45 | $13.18 | x |
| 2008-12-31 | $8.16 | $13.18 | x |
| 2009-12-31 | $6.84 | $13.18 | x |
| 2010-12-31 | $7.03 | $13.18 | x |
| 2011-12-31 | $7.48 | $13.18 | x |
| 2012-12-31 | $7.71 | $13.18 | x |
| 2013-12-31 | $7.99 | $13.18 | x |
| 2014-12-31 | $8.30 | $13.18 | x |
| 2015-12-31 | $8.11 | $13.18 | x |
| 2016-12-31 | $8.12 | $13.18 | x |
| 2017-12-31 | $7.22 | $13.18 | x |
| 2018-12-31 | $7.81 | $13.18 | x |
| 2019-12-31 | $7.50 | $13.18 | x |
| 2020-12-31 | $7.04 | $13.18 | x |
| 2021-12-31 | $9.25 | $13.18 | x |
| 2022-12-31 | $9.71 | $13.18 | x |
| 2023-12-31 | $12.25 | $13.18 | x |
| 2024-12-31 | $12.33 | $13.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nortech Systems Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.01%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 2.13x
- Recent ROE (-3.81%) is below the historical average (5.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 28.57% | 8.55% | 1.77x | 1.89x | $650.00K |
| 1994 | 25.00% | 9.38% | 1.94x | 1.38x | $720.00K |
| 1995 | 17.11% | 7.10% | 1.39x | 1.74x | $540.00K |
| 1996 | 5.33% | 1.53% | 1.18x | 2.96x | $-350.00K |
| 1997 | 8.54% | 1.92% | 1.47x | 3.01x | $-120.00K |
| 1998 | 3.57% | 0.74% | 1.64x | 2.94x | $-540.00K |
| 1999 | -31.16% | -5.17% | 1.63x | 3.70x | $-2.63 Million |
| 2000 | 24.19% | 3.73% | 1.91x | 3.39x | $1.20 Million |
| 2001 | 19.89% | 3.60% | 1.98x | 2.79x | $1.05 Million |
| 2002 | 18.36% | 3.96% | 2.05x | 2.26x | $1.09 Million |
| 2003 | 4.42% | 1.09% | 1.84x | 2.21x | $-798.68K |
| 2004 | 3.79% | 0.81% | 1.97x | 2.38x | $-964.33K |
| 2005 | 5.58% | 1.10% | 2.12x | 2.38x | $-736.56K |
| 2006 | 7.17% | 1.25% | 2.51x | 2.29x | $-518.41K |
| 2007 | 7.77% | 1.34% | 2.51x | 2.31x | $-452.07K |
| 2008 | 7.82% | 1.44% | 2.52x | 2.16x | $-487.95K |
| 2009 | -20.48% | -4.80% | 1.94x | 2.20x | $-5.71 Million |
| 2010 | 2.63% | 0.51% | 2.40x | 2.15x | $-1.42 Million |
| 2011 | 5.80% | 1.04% | 2.44x | 2.28x | $-860.65K |
| 2012 | 2.98% | 0.59% | 2.40x | 2.11x | $-1.48 Million |
| 2013 | 3.59% | 0.71% | 2.41x | 2.10x | $-1.41 Million |
| 2014 | 3.85% | 0.79% | 2.30x | 2.13x | $-1.40 Million |
| 2015 | -2.57% | -0.50% | 2.04x | 2.54x | $-2.80 Million |
| 2016 | 0.20% | 0.04% | 2.10x | 2.49x | $-2.19 Million |
| 2017 | -12.34% | -2.18% | 2.16x | 2.63x | $-4.43 Million |
| 2018 | 0.79% | 0.15% | 1.89x | 2.84x | $-1.94 Million |
| 2019 | -6.15% | -1.06% | 1.89x | 3.07x | $-3.23 Million |
| 2020 | -8.26% | -1.49% | 1.81x | 3.08x | $-3.42 Million |
| 2021 | 27.40% | 6.21% | 1.72x | 2.57x | $4.54 Million |
| 2022 | 7.16% | 1.50% | 1.93x | 2.48x | $-798.00K |
| 2023 | 19.45% | 4.93% | 1.85x | 2.13x | $3.34 Million |
| 2024 | -3.81% | -1.01% | 1.77x | 2.13x | $-4.70 Million |
Industry Comparison
This section compares Nortech Systems Incorporated's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $2,555,245,291
- Average return on equity (ROE) among peers: -57.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nortech Systems Incorporated (NSYS) | $33.36 Million | 28.57% | 1.24x | $20.26 Million |
| Abbott Laboratories (ABT) | $24.08 Billion | 18.37% | 0.83x | $155.56 Billion |
| Adagio Medical Holdings, Inc Common Stock (ADGM) | $-95.88 Million | 0.00% | 0.00x | $21.60 Million |
| Aethlon Medical Inc (AEMD) | $9.29 Million | -84.45% | 0.15x | $2.79 Million |
| Acutus Medical Inc (AFIB) | $105.73 Million | -116.68% | 0.61x | $903.35K |
| Adapthealth Corp (AHCO) | $1.47 Billion | -46.29% | 2.07x | $1.39 Billion |
| 20/20 Biolabs, Inc. Common Stock (AIDX) | $3.39 Million | -59.65% | 0.38x | $15.99 Million |
| Allurion Technologies, Inc. (ALUR) | $-70.49 Million | 0.00% | 0.00x | $8.10 Million |
| Autonomix Medical, Inc. Common Stock (AMIX) | $644.00K | -309.01% | 0.34x | $4.22 Million |
| Artivion Inc (AORT) | $30.20 Million | 15.56% | 0.78x | $1.73 Billion |
| Apyx Medical Inc (APYX) | $22.89 Million | 2.69% | 0.23x | $125.55 Million |
About Nortech Systems Incorporated
Nortech Systems Incorporated provides engineering design and manufacturing solutions for electromedical devices, electromechanical systems, assemblies, and components in the United States, Mexico, and China. It offers a range of value-added engineering, technical, manufacturing, and support services, including project management, designing, testing, prototyping, manufacturing, supply chain manage… Read more