Nortech Systems (NSYS) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Nortech Systems (NSYS) recorded Non-Current Debt of $1.64 million in Q2 2026, down 85.9% from $11.62 million a year earlier and down 6.1% from the prior quarter.
Nortech Systems (NSYS) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Nortech Systems reported Non-Current Debt of $7 million, down 18.9% from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $8.63 million in FY2024 (+48.5%), $5.82 million in FY2023 (-15.1%), $6.85 million in FY2022 (-23.5%) and $8.96 million in FY2021 (+52.8%).
- The Q2 2026 figure is the lowest quarterly Non-Current Debt since Q1 2012.
- On a year-over-year basis, Non-Current Debt has declined for three consecutive quarters, with growth averaging 15.6% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 223.3% in Q3 2022, against a decline of 85.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.74 million (Q1 2026), $7 million (Q4 2025) and $12.03 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 3.16 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | -937.90 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | -10.74 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | -2.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 7.22 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 2.53 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | -2.36 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | -15.30 Mn |
| 10 | Nortech Systems | 30.51 Mn | 23.70 Mn | 5.70 Mn | 172,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 172,000.00 |
| Mar 31, 2026 | 2.14 Mn |
| Dec 31, 2025 | -55,000.00 |
| Sep 30, 2025 | -55,000.00 |
| Jun 30, 2025 | -33,000.00 |
| Mar 31, 2025 | 167,000.00 |
| Dec 31, 2024 | 84,000.00 |
| Sep 30, 2024 | -102,000.00 |
| Jun 30, 2024 | -102,000.00 |
| Mar 31, 2024 | -100,000.00 |
| Dec 31, 2023 | -99,000.00 |
| Sep 30, 2023 | -102,000.00 |
| Jun 30, 2023 | -93,000.00 |
| Mar 31, 2023 | -96,000.00 |
| Dec 31, 2022 | -273,000.00 |
| Sep 30, 2022 | 3,000.00 |
| Jun 30, 2022 | -145,000.00 |
| Mar 31, 2022 | -184,000.00 |
| Dec 31, 2021 | -427,000.00 |
| Sep 30, 2021 | -790,000.00 |
Nortech Systems Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=NSYS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "NSYS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=NSYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();