Nortech Systems Incorporated (NSYS) - Total Assets
Based on the latest financial reports, Nortech Systems Incorporated (NSYS) holds total assets worth $74.76 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check NSYS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Nortech Systems Incorporated - Total Assets Trend (1993–2024)
This chart illustrates how Nortech Systems Incorporated's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of Nortech Systems Incorporated to evaluate the quality of earnings relative to operating cash generation.
Nortech Systems Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Nortech Systems Incorporated's total assets of $74.76 Million consist of 76.4% current assets and 23.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $28.67 Million | 39.6% |
| Inventory | $21.64 Million | 29.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $174.00K | 0.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Nortech Systems Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Nortech Systems Incorporated.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nortech Systems Incorporated's current assets represent 76.4% of total assets in 2024, an increase from 63.6% in 1993.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2024, down from 6.1% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1993.
- Asset Diversification: The largest asset category is accounts receivable at 39.6% of total assets.
Nortech Systems Incorporated Competitors by Total Assets
Key competitors of Nortech Systems Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cochlear Ltd
AU:COH
|
Australia | AU$2.83 Billion |
|
Shenzhen New Industries Biomedical
SHE:300832
|
China | CN¥9.58 Billion |
|
Jafron Biomedical Co Ltd
SHE:300529
|
China | CN¥5.52 Billion |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
China | CN¥912.83 Million |
|
Polynovo Ltd
AU:PNV
|
Australia | AU$123.37 Million |
|
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
|
China | CN¥3.71 Billion |
|
Dirui Industrial Co Ltd
SHE:300396
|
China | CN¥2.62 Billion |
|
Emvision Medical Devices Ltd
AU:EMV
|
Australia | AU$24.94 Million |
Nortech Systems Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.76 | 2.59 | 2.10 |
| Quick Ratio | 1.21 | 1.63 | 1.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $25.60 Million | $36.96 Million | $21.50 Million |
Nortech Systems Incorporated - Advanced Valuation Insights
This section examines the relationship between Nortech Systems Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.59 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | -3.6% |
| Total Assets | $72.44 Million |
| Market Capitalization | $20.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nortech Systems Incorporated's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Nortech Systems Incorporated's assets decreased by 3.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Nortech Systems Incorporated (1993–2024)
The table below shows the annual total assets of Nortech Systems Incorporated from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $72.44 Million | -3.58% |
| 2023-12-31 | $75.13 Million | +8.03% |
| 2022-12-31 | $69.54 Million | +3.65% |
| 2021-12-31 | $67.09 Million | +16.41% |
| 2020-12-31 | $57.63 Million | -6.15% |
| 2019-12-31 | $61.41 Million | +2.42% |
| 2018-12-31 | $59.96 Million | +15.12% |
| 2017-12-31 | $52.09 Million | -6.18% |
| 2016-12-31 | $55.52 Million | -1.85% |
| 2015-12-31 | $56.57 Million | +16.18% |
| 2014-12-31 | $48.69 Million | +5.67% |
| 2013-12-31 | $46.08 Million | +3.51% |
| 2012-12-31 | $44.51 Million | -4.85% |
| 2011-12-31 | $46.78 Million | +12.56% |
| 2010-12-31 | $41.56 Million | +1.05% |
| 2009-12-31 | $41.13 Million | -15.09% |
| 2008-12-31 | $48.44 Million | +3.07% |
| 2007-12-31 | $47.00 Million | +12.23% |
| 2006-12-31 | $41.88 Million | +5.57% |
| 2005-12-31 | $39.67 Million | +7.56% |
| 2004-12-31 | $36.88 Million | +16.78% |
| 2003-12-31 | $31.58 Million | +6.68% |
| 2002-12-31 | $29.60 Million | +0.32% |
| 2001-12-31 | $29.51 Million | +2.98% |
| 2000-12-31 | $28.65 Million | +21.39% |
| 1999-12-31 | $23.60 Million | -4.44% |
| 1998-12-31 | $24.70 Million | 0.00% |
| 1997-12-31 | $24.70 Million | +11.26% |
| 1996-12-31 | $22.20 Million | +68.18% |
| 1995-12-31 | $13.20 Million | +100.00% |
| 1994-12-31 | $6.60 Million | 0.00% |
| 1993-12-31 | $6.60 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