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NORTECH SYSTEMS INCORPORATED: 10-Q filed 2013-11-14

What NORTECH SYSTEMS INCORPORATED reported in its quarterly report filed 2013-11-14 (fiscal Q3 2013): 34 published measures, 84 facts as tagged in accession 0001104659-13-084696.

This filing

Form
10-Q (quarterly report)
Filed
2013-11-14
Fiscal period
fiscal Q3 2013
Accession
0001104659-13-084696 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NORTECH SYSTEMS INCORPORATED filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2013-09-3047,208,205USD
At 2012-12-3144,514,899USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2013-09-3025,516,803USD
At 2012-12-3123,379,668USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2013-09-3021,691,402USD
At 2012-12-3121,135,231USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2013-09-30482,631USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2013-07-01 to 2013-09-30217,917USD92
2013-01-01 to 2013-09-30546,226USD273
2012-07-01 to 2012-09-30105,165USD92
2012-01-01 to 2012-09-30353,896USD274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2013-01-01 to 2013-09-301,006,874USD273
2012-01-01 to 2012-09-301,476,868USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2013-09-305,741,571USD
At 2012-12-315,195,345USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2013-07-01 to 2013-09-3087,000USD92
2013-01-01 to 2013-09-30164,000USD273
2012-07-01 to 2012-09-3057,000USD92
2012-01-01 to 2012-09-30192,000USD274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2013-09-3011,126,638USD
At 2012-12-3111,566,315USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2013-01-01 to 2013-09-309,945USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2013-07-01 to 2013-09-30376,181USD92
2013-01-01 to 2013-09-30972,909USD273
2012-07-01 to 2012-09-30328,671USD92
2012-01-01 to 2012-09-30975,688USD274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2013-09-3035,957,825USD
At 2012-12-3132,691,371USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2013-07-01 to 2013-09-30103,977USD92
2013-01-01 to 2013-09-30302,997USD273
2012-07-01 to 2012-09-30111,999USD92
2012-01-01 to 2012-09-30349,107USD274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2013-09-3020,938,813USD
At 2012-12-3120,131,441USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2013-09-308,459,211USD
At 2012-12-319,051,978USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2013-09-3015,082,610USD
At 2012-12-3113,607,933USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2013-07-01 to 2013-09-302,639,398USD92
2013-01-01 to 2013-09-308,638,759USD273
2012-07-01 to 2012-09-302,455,369USD92
2012-01-01 to 2012-09-307,908,341USD274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2013-09-3018,648,401USD
At 2012-12-3117,664,862USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2013-07-01 to 2013-09-303,015,579USD92
2013-01-01 to 2013-09-309,611,668USD273
2012-07-01 to 2012-09-302,784,040USD92
2012-01-01 to 2012-09-308,884,029USD274

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2013-09-302,742,992shares
At 2012-12-312,742,992shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2013-09-3015,735,337USD
At 2012-12-3115,725,392USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2013-09-30-62,936USD
At 2012-12-31-62,936USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2013-09-30123,742USD
At 2012-12-31257,213USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2013-09-30246,420USD
At 2012-12-31155,328USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2013-07-01 to 2013-09-301,410,815USD92
2013-01-01 to 2013-09-304,946,402USD273
2012-07-01 to 2012-09-301,463,074USD92
2012-01-01 to 2012-09-304,675,422USD274

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2013-01-01 to 2013-09-301,505,367USD273
2012-01-01 to 2012-09-301,382,757USD274

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2013-07-01 to 2013-09-3032,713USD92
2013-01-01 to 2013-09-3040,314USD273
2012-07-01 to 2012-09-30-54,507USD92
2012-01-01 to 2012-09-30-80,685USD274

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2013-07-01 to 2013-09-30-71,264USD92
2013-01-01 to 2013-09-30-262,683USD273
2012-07-01 to 2012-09-30-166,506USD92
2012-01-01 to 2012-09-30-429,792USD274

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2013-01-01 to 2013-09-30171,000USD273
2012-01-01 to 2012-09-30-80,000USD274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2013-01-01 to 2013-09-30278,387USD273
2012-01-01 to 2012-09-30293,740USD274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2013-01-01 to 2013-09-30187,300USD273
2012-01-01 to 2012-09-30116,155USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-09-301,474,677USD273
2012-01-01 to 2012-09-30-1,226,912USD274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-09-30983,539USD273
2012-01-01 to 2012-09-30-1,343,271USD274

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2013-01-01 to 2013-09-30-650,810USD273
2012-01-01 to 2012-09-30-2,905,432USD274

Inspect the source

Entity
NORTECH SYSTEMS INCORPORATED / CIK 0000722313
Captured
2026-09-19T14:59:55.146Z
SEC response SHA-256
82372088a9ad5ad85f5b6447d5a8b9fd2d3b7c09289a36b589756b4998faa5a6

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000722313.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))