$13.4 M

NSYS Mkt cap, 04-Dec-2018

$29.6 M

Nortech Systems Revenue Q3, 2018
Nortech Systems Gross profit (Q3, 2018)3.4 M
Nortech Systems Gross profit margin (Q3, 2018), %11.5%
Nortech Systems Net income (Q3, 2018)364 K
Nortech Systems EBIT (Q3, 2018)649 K
Nortech Systems Cash, 30-Sep-2018397 K
Nortech Systems EV17.6 M

Nortech Systems Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

111.1m112.0m115.2m116.6m112.3m

Revenue growth, %

1%3%1%

Cost of goods sold

97.9m103.1m102.8m100.2m

Gross profit

13.1m12.1m13.8m12.1m

Gross profit Margin, %

12%10%12%11%

Sales and marketing expense

4.8m5.2m4.9m4.7m

General and administrative expense

6.9m7.2m8.3m8.1m

Operating expense total

11.7m12.5m13.2m13.4m

EBIT

1.5m1.3m(422.0k)629.1k(1.3m)

EBIT margin, %

1%1%0%1%(1%)

Interest expense

388.8k465.4k550.3k627.6k

Pre tax profit

1.1m(887.4k)78.8k(2.1m)

Income tax expense

300.0k(316.0k)35.0k375.0k

Net Income

787.4k880.0k(571.4k)43.8k(2.4m)

Nortech Systems Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

66.4k887.0268.2k472.9k

Accounts Receivable

16.0m17.4m18.4m

Inventories

17.4m18.5m20.2m20.7m18.5m

Current Assets

34.9m37.7m40.4m39.5m37.8m

PP&E

11.0m10.9m10.5m10.3m10.2m

Goodwill

3.3m3.3m2.4m

Total Assets

46.1m48.7m56.6m55.5m52.1m

Accounts Payable

8.2m9.0m13.0m13.8m11.7m

Short-term debt

632.2k1.5m1.0m

Current Liabilities

19.4m13.4m19.7m20.3m18.0m

Long-term debt

4.2m4.1m7.7m7.3m

Non-Current Liabilities

4.8m12.5m14.6m12.9m14.2m

Total Debt

4.9m9.2m7.3m1.0m

Total Liabilities

24.1m25.9m34.3m33.2m32.3m

Additional Paid-in Capital

15.7m15.8m15.8m15.7m15.8m

Retained Earnings

6.0m6.9m6.3m6.3m3.9m

Total Equity

21.9m22.8m22.3m22.3m19.8m

Debt to Equity Ratio

0.3 x0.1 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

2.1 x2.1 x2.5 x2.5 x2.6 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

482.6k336.2k203.5k47.5k68.8k12.2k740.9k13.5k61.1k205.5k190.7k530.8k466.0k437.0k397.0k

Accounts Receivable

16.4m

Inventories

18.6m18.8m19.4m20.4m19.5m20.6m21.7m21.6m21.1m13.0m14.0m15.2m

Current Assets

36.0m36.1m36.2m38.3m38.0m39.9m42.1m39.7m41.3m41.1m40.3m40.7m41.8m39.1m41.8m43.3m

PP&E

11.1m11.0m10.9m11.0m11.3m11.0m10.8m10.8m10.8m10.6m9.7m9.5m10.1m10.1m10.1m10.1m

Goodwill

3.3m3.3m3.3m3.3m3.3m3.3m3.3m2.4m2.4m2.4m

Total Assets

47.2m47.2m47.2m49.4m49.4m51.1m58.3m56.2m57.7m57.2m55.8m55.9m57.5m53.3m55.9m57.4m

Accounts Payable

8.5m8.6m9.5m9.3m8.8m11.0m14.3m12.2m14.2m14.9m15.3m15.3m14.8m12.1m15.7m16.9m

Short-term debt

564.7k682.0k682.0k738.0k857.0k1.4m1.5m1.5m1.6m1.6m1.1m990.8k1.0m1.0m871.0k

Current Liabilities

20.9m20.4m13.2m14.3m13.3m15.2m22.0m19.0m20.7m20.7m20.8m21.4m20.9m18.4m22.7m23.1m

Long-term debt

8.0m7.6m4.2m8.5m6.9m8.2m8.5m8.2m4.2m3.8m3.7m

Non-Current Liabilities

4.6m4.9m11.7m12.5m13.4m13.6m14.1m14.8m14.9m14.3m12.7m12.1m14.3m14.1m12.2m13.0m

Total Debt

8.0m7.6m682.0k738.0k4.2m8.5m6.9m8.2m8.5m8.2m1.6m1.1m990.8k5.2m4.9m4.6m

Total Liabilities

25.5m25.2m24.9m26.8m26.7m28.8m36.1m33.8m35.5m35.0m33.5m33.6m35.2m32.5m34.9m36.1m

Additional Paid-in Capital

15.7m15.7m15.8m15.8m15.8m15.8m15.8m15.8m15.7m15.7m15.7m15.8m15.8m15.7m15.6m15.6m

Retained Earnings

5.7m6.1m6.3m6.6m6.7m6.3m6.2m6.4m6.2m6.2m6.3m6.3m6.3m4.9m5.3m5.6m

Total Equity

21.7m22.0m22.3m22.6m22.6m22.3m22.1m22.3m22.1m22.2m22.3m22.3m22.3m20.8m21.0m21.3m

Debt to Equity Ratio

0.4 x0.3 x0.4 x0.3 x0.4 x0.4 x0.4 x0.2 x0.2 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Financial Leverage

2.2 x2.1 x2.1 x2.2 x2.2 x2.3 x2.6 x2.5 x2.6 x2.6 x2.5 x2.5 x2.6 x2.6 x2.7 x2.7 x

Nortech Systems Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

787.4k880.0k(571.4k)43.8k(2.4m)

Depreciation and Amortization

2.0m2.0m2.3m2.3m2.5m

Accounts Receivable

(2.4m)(1.3m)(864.1k)1.1m577.7k

Inventories

237.4k(1.1m)(1.7m)(489.1k)2.0m

Accounts Payable

(1.1m)1.1m3.9m817.2k(2.1m)

Cash From Operating Activities

275.9k1.6m3.4m3.5m806.2k

Purchases of PP&E

(1.2m)(2.2m)(1.7m)(2.0m)(813.3k)

Cash From Investing Activities

(1.1m)(2.2m)(3.7m)(2.0m)(258.4k)

Long-term Borrowings

(613.9k)(666.7k)(1.0m)(1.5m)(5.9m)

Cash From Financing Activities

871.6k672.5k208.1k(1.4m)(38.6k)

Interest Paid

366.3k359.7k442.3k499.1k538.4k

Income Taxes Paid

187.3k417.6k417.6k110.6k20.2k

Quarterly

Nortech Systems Ratios

USDY, 2018

EV/EBIT

27.1 x

EV/CFO

6.9 x

Financial Leverage

2.7 x
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Nortech Systems Employee Rating

2.122 votes
Culture & Values
2.0
Work/Life Balance
2.6
Senior Management
2.0
Salary & Benefits
2.3
Career Opportunities
2.1
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