Nortech SystemsNSYS -1.50%54 Interest Coverage is 0.18 as of Mar. 2026, which is 88% below its 10-year median of 1.47. GuruFocus rates NSYS with a GF Score™ of 54/100 and a GF Value™ of $9.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 467 Medical Devices & Instruments companies, Nortech Systems ranks worse than 86.72% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Nortech Systems's
Operating Income
for the
three
months ended in Mar. 2026 was $0.0 Mil. Nortech Systems's Interest Expense for the
three
months ended in Mar. 2026 was $-0.3 Mil.
Nortech Systems's interest coverage for the quarter that ended in Mar. 2026 was 0.18.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nortech Systems's Interest Coverage or its related term are showing as below:
NSYS'
s Interest Coverage Range Over the Past 10 Years
Min: 0.21 Med: 1.47 Max: 12.22
Current: 2.62
NSYS's Interest Coverage is ranked worse than 86.72% of 467
companies
in the Medical Devices & Instruments industry
Industry Median: 15.72
vs NSYS: 2.62
Nortech Systems (NAS:NSYS) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Nortech Systems Interest Coverage Related Terms
Nortech Systems Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nortech Systems's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSYS vs MYO, NSPR, TELA: Interest Coverage Comparison
For the Medical Devices subindustry, Nortech Systems's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nortech Systems Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nortech Systems's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nortech Systems (NSYS) has a Interest Coverage of 0.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nortech Systems and its competitors. This is 88% below median its historical median of 1.47. Over the past decade, Nortech Systems' Interest Coverage has ranged from 0.21 to 12.22. According to the industry distribution chart, Nortech Systems ranks #405 out of 467 companies in the Medical Devices & Instruments industry, placing it in the top 86.7%.
Is Nortech Systems' Interest Coverage too high?
Nortech Systems' current Interest Coverage of 0.18 is 88% below median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 12.22. The Medical Devices & Instruments industry median Interest Coverage is 15.72. Nortech Systems' value of 0.18 is 98.9% below this industry median. Based on the distribution chart, Nortech Systems ranks #405 out of 467 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Nortech Systems has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nortech Systems' Interest Coverage compare to MYO and NSPR?
According to the Medical Devices & Instruments industry distribution chart, Nortech Systems ranks #405 out of 467 companies for Interest Coverage. This places Nortech Systems in the lower half of its industry. The industry median Interest Coverage is 15.72. Nortech Systems' value of 0.18 is 98.9% below this benchmark. Historically, Nortech Systems' own Interest Coverage has ranged from 0.21 to 12.22 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 15.72, Nortech Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.72, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nortech Systems's current Interest Coverage of 0.18 is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nortech Systems and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nortech Systems's current Interest Coverage is 0.18, which is 88% below median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nortech Systems stock overvalued right now?
Based on GuruFocus' analysis, Nortech Systems (NSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.25, compared to a current price of $16.15 — trading 74.6% above its estimated fair value. The current Interest Coverage is 0.18, which is 88% below median its 10-year median of 1.47 and 98.9% below the Medical Devices & Instruments industry median of 15.72. Nortech Systems' overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nortech Systems (NSYS), the current Interest Coverage is 0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nortech Systems (NSYS) Overvalued in 2026?
Based on GuruFocus' analysis, Nortech Systems stock appears to be overvalued.
The current stock price of $16.15 is trading 74.6% above its estimated GF Value™ of $9.25.
GuruFocus considers Nortech Systems to be Significantly Overvalued.
Key valuation signals for NSYS:
Interest Coverage: 0.18 (88% below median its 10-year median of 1.47)
GF Value™: $9.25 vs. price of $16.15 (74.6% above fair value)
Industry Position: 98.9% below the Medical Devices & Instruments median (#405 of 467)
No single metric tells the full story. See the NSYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical, and manufacturing services and support, including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense, and Industrial markets, with key revenue coming from medical-related markets.
54GF Score
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