Nortech Systems Inc (NSYS)
16.49
-0.02
(-0.09%)
USD |
NASDAQ |
Apr 19, 16:00
16.49
0.00 (0.00%)
After-Hours: 20:00
Nortech Systems Debt to Equity Ratio: 0.1645 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1645 |
| September 30, 2023 | 0.1502 |
| June 30, 2023 | 0.238 |
| March 31, 2023 | 0.2022 |
| December 31, 2022 | 0.2441 |
| September 30, 2022 | 0.3486 |
| June 30, 2022 | 0.4223 |
| March 31, 2022 | 0.2858 |
| December 31, 2021 | 0.3431 |
| September 30, 2021 | 0.5821 |
| June 30, 2021 | 0.8335 |
| March 31, 2021 | 0.534 |
| December 31, 2020 | 0.5555 |
| September 30, 2020 | 0.4393 |
| June 30, 2020 | 0.6933 |
| March 31, 2020 | 0.6853 |
| December 31, 2019 | 0.6864 |
| September 30, 2019 | 0.8235 |
| June 30, 2019 | 0.8612 |
| March 31, 2019 | 0.7355 |
| December 31, 2018 | 0.6481 |
| September 30, 2018 | 0.595 |
| June 30, 2018 | 0.5711 |
| March 31, 2018 | 0.6643 |
| December 31, 2017 | 0.6991 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.6306 |
| June 30, 2017 | 0.5658 |
| March 31, 2017 | 0.6108 |
| December 31, 2016 | 0.6172 |
| September 30, 2016 | 0.6763 |
| June 30, 2016 | 0.7007 |
| March 31, 2016 | 0.6873 |
| December 31, 2015 | 0.6798 |
| September 30, 2015 | 0.6501 |
| June 30, 2015 | 0.6353 |
| March 31, 2015 | 0.6154 |
| December 31, 2014 | 0.5609 |
| September 30, 2014 | 0.5619 |
| June 30, 2014 | 0.5347 |
| March 31, 2014 | 0.5718 |
| December 31, 2013 | 0.5523 |
| September 30, 2013 | 0.5853 |
| June 30, 2013 | 0.6195 |
| March 31, 2013 | 0.5583 |
| December 31, 2012 | 0.5319 |
| September 30, 2012 | 0.5357 |
| June 30, 2012 | 0.5372 |
| March 31, 2012 | 0.4497 |
| December 31, 2011 | 0.5593 |
| September 30, 2011 | 0.6033 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1502
Minimum
Sep 2023
0.8612
Maximum
Jun 2019
0.4786
Average
0.4393
Median
Sep 2020
Debt to Equity Ratio Benchmarks
| Apyx Medical Corp | 1.243 |
| Monogram Orthopaedics Inc | 0.00 |
| Perspective Therapeutics Inc | 0.0229 |
| Xtant Medical Holdings Inc | 0.4243 |
| Asensus Surgical Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 75.13M |
| Total Liabilities (Quarterly) | 39.78M |
| Shareholders Equity (Quarterly) | 35.34M |
| Current Ratio | 2.212 |
| Net Debt Paydown Yield | 3.17% |