Nortech Systems Incorporated (NSYS) - Total Liabilities
Based on the latest financial reports, Nortech Systems Incorporated (NSYS) has total liabilities worth $41.40 Million USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Nortech Systems Incorporated (NSYS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Nortech Systems Incorporated - Total Liabilities Trend (1993–2024)
This chart illustrates how Nortech Systems Incorporated's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see NSYS current and non-current assets.
Nortech Systems Incorporated Competitors by Total Liabilities
The table below lists competitors of Nortech Systems Incorporated ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Aseana Properties Limited
LSE:ASPL
|
UK | $79.70 Million |
|
Dongkuk Refractories & Steel Co. Ltd
KQ:075970
|
Korea | ₩45.90 Billion |
|
Neuphoria Therapeutics Inc
NASDAQ:NEUP
|
USA | $5.39 Million |
|
Resonance Health Ltd
AU:RHT
|
Australia | AU$7.02 Million |
|
Atlantis Yatirim Holding AS
IS:ATSYH
|
Turkey | TL23.24 Million |
|
Passat Société Anonyme
PA:ALXIL
|
USA | €38.68 Million |
|
ANGLER GAMING PLC EO -01
F:0QM
|
Germany | €4.17 Million |
|
Premier Foods PLC
LSE:PFD
|
UK | GBX814.30 Million |
Liability Composition Analysis (1993–2024)
This chart breaks down Nortech Systems Incorporated's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See debt-free asset ratio of Nortech Systems Incorporated to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.76 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.24 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.55 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Nortech Systems Incorporated's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nortech Systems Incorporated (1993–2024)
The table below shows the annual total liabilities of Nortech Systems Incorporated from 1993 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $38.43 Million | -3.40% |
| 2023-12-31 | $39.78 Million | -4.04% |
| 2022-12-31 | $41.46 Million | +1.17% |
| 2021-12-31 | $40.98 Million | +5.30% |
| 2020-12-31 | $38.92 Million | -6.08% |
| 2019-12-31 | $41.43 Million | +6.60% |
| 2018-12-31 | $38.87 Million | +20.49% |
| 2017-12-31 | $32.26 Million | -2.84% |
| 2016-12-31 | $33.20 Million | -3.18% |
| 2015-12-31 | $34.29 Million | +32.62% |
| 2014-12-31 | $25.86 Million | +7.12% |
| 2013-12-31 | $24.14 Million | +3.25% |
| 2012-12-31 | $23.38 Million | -11.02% |
| 2011-12-31 | $26.28 Million | +17.98% |
| 2010-12-31 | $22.27 Million | -0.58% |
| 2009-12-31 | $22.40 Million | -13.91% |
| 2008-12-31 | $26.02 Million | -2.50% |
| 2007-12-31 | $26.69 Million | +13.21% |
| 2006-12-31 | $23.58 Million | +2.44% |
| 2005-12-31 | $23.02 Million | +7.72% |
| 2004-12-31 | $21.37 Million | +23.79% |
| 2003-12-31 | $17.26 Million | +4.53% |
| 2002-12-31 | $16.51 Million | -12.80% |
| 2001-12-31 | $18.94 Million | -6.28% |
| 2000-12-31 | $20.21 Million | +17.30% |
| 1999-12-31 | $17.23 Million | +5.68% |
| 1998-12-31 | $16.30 Million | -1.21% |
| 1997-12-31 | $16.50 Million | +12.24% |
| 1996-12-31 | $14.70 Million | +162.50% |
| 1995-12-31 | $5.60 Million | +211.11% |
| 1994-12-31 | $1.80 Million | -41.94% |
| 1993-12-31 | $3.10 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