Nortech Systems Debt-to-Equity Ratio Growth & History (NSYS)
Nortech Systems's debt-to-equity ratio was 0.25 for fiscal 2025.
View full Nortech Systems company overviewNortech Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.25 | −0.02 | −8.83% |
| 2024 | 2024-12-31 | 0.28 | 0.04 | +16.88% |
| 2023 | 2023-12-31 | 0.24 | −0.11 | −31.23% |
| 2022 | 2022-12-31 | 0.34 | −0.09 | −20.20% |
| 2021 | 2021-12-31 | 0.43 | −0.56 | −56.29% |
| 2020 | 2020-12-31 | 0.99 | 0.44 | +81.47% |
| 2019 | 2019-12-31 | 0.54 | 0.26 | +90.12% |
| 2018 | 2018-12-31 | 0.29 | −0.06 | −17.64% |
| 2017 | 2017-12-31 | 0.35 | 0.06 | +19.93% |
| 2016 | 2016-12-31 | 0.29 | −0.05 | −13.50% |
| 2015 | 2015-12-31 | 0.33 | 0.12 | +58.91% |
| 2014 | 2014-12-31 | 0.21 | −0.01 | −5.36% |
| 2013 | 2013-12-31 | 0.22 | 0.07 | +41.64% |
| 2012 | 2012-12-31 | 0.16 | 0.05 | +51.67% |
| 2011 | 2011-12-31 | 0.10 | −0.03 | −22.38% |
| 2010 | 2010-12-31 | 0.13 | — | — |
Nortech Systems quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.28 | 0.00 | +0.63% |
| Q1 2026 | 2026-03-31 | 0.30 | 0.03 | +10.06% |
| Q4 2025 | 2025-12-31 | 0.25 | −0.02 | −8.83% |
| Q3 2025 | 2025-09-30 | 0.27 | 0.01 | +3.43% |
| Q2 2025 | 2025-06-30 | 0.28 | 0.02 | +7.28% |
| Q1 2025 | 2025-03-31 | 0.28 | 0.03 | +14.41% |
| Q4 2024 | 2024-12-31 | 0.28 | 0.04 | +16.88% |
| Q3 2024 | 2024-09-30 | 0.26 | −0.01 | −4.99% |
| Q2 2024 | 2024-06-30 | 0.26 | −0.04 | −12.97% |
| Q1 2024 | 2024-03-31 | 0.24 | −0.08 | −25.00% |
| Q4 2023 | 2023-12-31 | 0.24 | −0.11 | −31.23% |
| Q3 2023 | 2023-09-30 | 0.28 | −0.08 | −21.58% |
| Q2 2023 | 2023-06-30 | 0.30 | −0.08 | −21.92% |
| Q1 2023 | 2023-03-31 | 0.32 | −0.09 | −21.83% |
| Q4 2022 | 2022-12-31 | 0.34 | −0.09 | −20.20% |
| Q3 2022 | 2022-09-30 | 0.35 | −0.33 | −48.07% |
| Q2 2022 | 2022-06-30 | 0.39 | −0.67 | −63.35% |
| Q1 2022 | 2022-03-31 | 0.41 | −0.69 | −62.57% |
| Q4 2021 | 2021-12-31 | 0.43 | −0.56 | −56.29% |
| Q3 2021 | 2021-09-30 | 0.68 | −0.16 | −19.18% |
| Q2 2021 | 2021-06-30 | 1.05 | 0.23 | +27.44% |
| Q1 2021 | 2021-03-31 | 1.10 | 0.56 | +105.43% |
| Q4 2020 | 2020-12-31 | 0.99 | 0.44 | +81.47% |
| Q3 2020 | 2020-09-30 | 0.84 | 0.29 | +53.61% |
| Q2 2020 | 2020-06-30 | 0.83 | 0.26 | +45.73% |
| Q1 2020 | 2020-03-31 | 0.53 | 0.01 | +2.20% |
| Q4 2019 | 2019-12-31 | 0.54 | 0.26 | +90.12% |
| Q3 2019 | 2019-09-30 | 0.55 | 0.25 | +86.88% |
| Q2 2019 | 2019-06-30 | 0.57 | 0.26 | +84.25% |
| Q1 2019 | 2019-03-31 | 0.52 | 0.20 | +61.47% |
| Q4 2018 | 2018-12-31 | 0.29 | −0.06 | −17.64% |
| Q3 2018 | 2018-09-30 | 0.29 | −0.00 | −0.56% |
| Q2 2018 | 2018-06-30 | 0.31 | 0.04 | +14.90% |
| Q1 2018 | 2018-03-31 | 0.32 | 0.07 | +29.68% |
| Q4 2017 | 2017-12-31 | 0.35 | 0.06 | +19.93% |
| Q3 2017 | 2017-09-30 | 0.29 | −0.01 | −3.89% |
| Q2 2017 | 2017-06-30 | 0.27 | −0.05 | −14.96% |
| Q1 2017 | 2017-03-31 | 0.25 | −0.07 | −21.73% |
| Q4 2016 | 2016-12-31 | 0.29 | −0.05 | −13.50% |
| Q3 2016 | 2016-09-30 | 0.31 | −0.03 | −9.58% |
| Q2 2016 | 2016-06-30 | 0.31 | 0.06 | +23.53% |
| Q1 2016 | 2016-03-31 | 0.32 | 0.10 | +44.81% |
| Q4 2015 | 2015-12-31 | 0.33 | 0.12 | +58.91% |
| Q3 2015 | 2015-09-30 | 0.34 | 0.12 | +56.96% |
| Q2 2015 | 2015-06-30 | 0.25 | 0.04 | +19.64% |
| Q1 2015 | 2015-03-31 | 0.22 | −0.01 | −2.34% |
| Q4 2014 | 2014-12-31 | 0.21 | −0.01 | −5.36% |
| Q3 2014 | 2014-09-30 | 0.22 | −0.00 | −0.69% |
| Q2 2014 | 2014-06-30 | 0.21 | −0.00 | −1.08% |
| Q1 2014 | 2014-03-31 | 0.23 | −0.00 | −1.62% |
| Q4 2013 | 2013-12-31 | 0.22 | 0.07 | +41.64% |
| Q3 2013 | 2013-09-30 | 0.22 | 0.06 | +37.41% |
| Q2 2013 | 2013-06-30 | 0.22 | 0.08 | +55.19% |
| Q1 2013 | 2013-03-31 | 0.23 | 0.13 | +136.97% |
| Q4 2012 | 2012-12-31 | 0.16 | 0.05 | +51.67% |
| Q3 2012 | 2012-09-30 | 0.16 | 0.01 | +8.13% |
| Q2 2012 | 2012-06-30 | 0.14 | −0.04 | −22.66% |
| Q1 2012 | 2012-03-31 | 0.10 | — | — |
| Q4 2011 | 2011-12-31 | 0.10 | −0.03 | −22.38% |
| Q3 2011 | 2011-09-30 | 0.15 | — | — |
| Q2 2011 | 2011-06-30 | 0.18 | — | — |
| Q4 2010 | 2010-12-31 | 0.13 | — | — |
Nortech Systems debt-to-equity ratio trends
Over the last five fiscal years, Nortech Systems's debt-to-equity ratio decreased from 0.99 to 0.25, a change of −0.73. The latest reported quarter, Q2 2026, shows 0.28.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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