Nortech Systems Inc
NASDAQ:NSYS
Balance Sheet
Balance Sheet Decomposition
Nortech Systems Inc
Nortech Systems Inc
Balance Sheet
Nortech Systems Inc
| Dec-2001 | Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
| Cash |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
| Cash Equivalents |
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
9
|
8
|
11
|
14
|
14
|
15
|
15
|
14
|
15
|
16
|
17
|
14
|
16
|
18
|
19
|
18
|
18
|
27
|
26
|
22
|
28
|
29
|
34
|
29
|
|
| Accounts Receivables |
9
|
8
|
11
|
13
|
14
|
14
|
15
|
13
|
12
|
16
|
17
|
14
|
16
|
17
|
18
|
17
|
17
|
27
|
26
|
22
|
23
|
26
|
34
|
29
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
3
|
0
|
0
|
|
| Inventory |
12
|
12
|
12
|
14
|
16
|
16
|
19
|
21
|
16
|
16
|
19
|
18
|
17
|
19
|
20
|
21
|
19
|
17
|
14
|
14
|
19
|
22
|
22
|
22
|
|
| Other Current Assets |
2
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
5
|
3
|
3
|
2
|
4
|
|
| Total Current Assets |
24
|
22
|
24
|
30
|
33
|
33
|
37
|
37
|
32
|
33
|
37
|
33
|
35
|
37
|
40
|
39
|
38
|
46
|
43
|
41
|
52
|
55
|
59
|
55
|
|
| PP&E Net |
6
|
6
|
6
|
6
|
7
|
8
|
9
|
10
|
8
|
7
|
9
|
12
|
11
|
11
|
11
|
10
|
10
|
10
|
14
|
15
|
15
|
14
|
13
|
14
|
|
| PP&E Gross |
6
|
6
|
6
|
6
|
7
|
8
|
9
|
10
|
8
|
7
|
9
|
12
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
15
|
15
|
14
|
13
|
14
|
|
| Accumulated Depreciation |
6
|
7
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
16
|
17
|
0
|
0
|
0
|
0
|
0
|
0
|
30
|
30
|
24
|
25
|
27
|
27
|
|
| Intangible Assets |
0
|
1
|
1
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
0
|
0
|
0
|
|
| Goodwill |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
|
| Other Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
3
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
|
| Total Assets |
30
N/A
|
30
+0%
|
32
+7%
|
37
+17%
|
40
+8%
|
42
+6%
|
47
+12%
|
48
+3%
|
41
-15%
|
42
+1%
|
47
+13%
|
45
-5%
|
46
+4%
|
49
+5%
|
57
+17%
|
56
-2%
|
52
-6%
|
60
+15%
|
61
+2%
|
58
-6%
|
67
+16%
|
70
+4%
|
75
+8%
|
72
-4%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
5
|
3
|
4
|
6
|
10
|
10
|
11
|
11
|
9
|
11
|
11
|
9
|
8
|
9
|
13
|
14
|
12
|
18
|
14
|
11
|
13
|
15
|
16
|
12
|
|
| Accrued Liabilities |
3
|
3
|
2
|
3
|
3
|
4
|
4
|
5
|
3
|
3
|
3
|
3
|
3
|
4
|
5
|
5
|
5
|
6
|
7
|
6
|
9
|
11
|
6
|
5
|
|
| Short-Term Debt |
0
|
0
|
0
|
8
|
5
|
5
|
6
|
4
|
5
|
6
|
9
|
8
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
1
|
2
|
1
|
1
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
2
|
2
|
1
|
1
|
1
|
2
|
1
|
0
|
0
|
0
|
|
| Other Current Liabilities |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
5
|
|
| Total Current Liabilities |
9
|
8
|
8
|
18
|
20
|
20
|
22
|
21
|
19
|
20
|
25
|
20
|
19
|
13
|
20
|
20
|
18
|
25
|
22
|
20
|
22
|
26
|
27
|
21
|
|
| Long-Term Debt |
10
|
9
|
10
|
3
|
3
|
4
|
5
|
4
|
4
|
2
|
1
|
3
|
4
|
12
|
14
|
12
|
14
|
14
|
15
|
10
|
10
|
7
|
6
|
9
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
4
|
9
|
9
|
8
|
7
|
8
|
|
| Total Liabilities |
19
N/A
|
17
-13%
|
17
+5%
|
21
+24%
|
23
+8%
|
24
+2%
|
27
+13%
|
26
-3%
|
22
-14%
|
22
-1%
|
26
+18%
|
23
-11%
|
24
+3%
|
26
+7%
|
34
+33%
|
33
-3%
|
32
-3%
|
39
+20%
|
41
+7%
|
39
-6%
|
41
+5%
|
41
+1%
|
40
-4%
|
38
-3%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
2
|
0
|
1
|
1
|
2
|
3
|
5
|
7
|
3
|
3
|
5
|
5
|
6
|
7
|
6
|
6
|
4
|
5
|
4
|
3
|
10
|
12
|
19
|
17
|
|
| Additional Paid In Capital |
12
|
13
|
14
|
14
|
14
|
15
|
15
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
16
|
17
|
17
|
|
| Other Equity |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
| Total Equity |
11
N/A
|
13
+24%
|
14
+9%
|
16
+8%
|
17
+7%
|
18
+10%
|
20
+11%
|
22
+10%
|
19
-16%
|
19
+3%
|
21
+6%
|
21
+3%
|
22
+4%
|
23
+4%
|
22
-2%
|
22
+0%
|
20
-11%
|
21
+6%
|
20
-5%
|
19
-6%
|
26
+39%
|
28
+8%
|
35
+26%
|
34
-4%
|
|
| Total Liabilities & Equity |
30
N/A
|
30
+0%
|
32
+7%
|
37
+17%
|
40
+8%
|
42
+6%
|
47
+12%
|
48
+3%
|
41
-15%
|
42
+1%
|
47
+13%
|
45
-5%
|
46
+4%
|
49
+5%
|
57
+17%
|
56
-2%
|
52
-6%
|
60
+15%
|
61
+2%
|
58
-6%
|
67
+16%
|
70
+4%
|
75
+8%
|
72
-4%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
|
| Preferred Shares Outstanding |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|