Nortech Systems Inc (NSYS)
11.20
-0.14
(-1.23%)
USD |
NASDAQ |
Nov 05, 14:36
Nortech Systems Debt to Equity Ratio: 0.23 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.23 |
| March 31, 2024 | 0.1714 |
| 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 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.6643 |
| December 31, 2017 | 0.6991 |
| 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 |
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
0.8335
Maximum
Jun 2021
0.411
Average
0.3486
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Perspective Therapeutics Inc | -- |
| Retractable Technologies Inc | 0.0163 |
| InfuSystems Holdings Inc | 0.6388 |
| Xtant Medical Holdings Inc | 0.7481 |
| Catheter Precision Inc | 0.0454 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 76.26M |
| Total Liabilities (Quarterly) | 40.11M |
| Shareholders Equity (Quarterly) | 36.14M |
| Current Ratio | 2.540 |
| Net Debt Paydown Yield | -1.31% |