Nortek Financial Statements From 2010 to 2024

Nortek financial statements provide useful quarterly and yearly information to potential Nortek Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nortek financial statements helps investors assess Nortek's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nortek's valuation are summarized below:
Nortek Inc does not presently have any fundamental ratios for analysis.
Check Nortek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nortek main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Nortek financial statements analysis is a perfect complement when working with Nortek Valuation or Volatility modules.
  
This module can also supplement various Nortek Technical models . Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Nortek Current Liabilities Analysis

Nortek's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Nortek Current Liabilities

    
  491.1 M  
Most of Nortek's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nortek Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition
In accordance with the recently published financial statements, Nortek Inc has a Current Liabilities of 491.1 M. This is much higher than that of the sector and significantly higher than that of the Current Liabilities industry. The current liabilities for all United States stocks is notably lower than that of the firm.

Nortek Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nortek's current stock value. Our valuation model uses many indicators to compare Nortek value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nortek competition to find correlations between indicators driving Nortek's intrinsic value. More Info.
Nortek Inc is regarded third in cash flow from operations category among related companies. It is regarded second in current asset category among related companies fabricating about  15.71  of Current Asset per Cash Flow From Operations. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nortek by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nortek's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nortek's earnings, one of the primary drivers of an investment's value.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Nortek Stock

If you are still planning to invest in Nortek Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nortek's history and understand the potential risks before investing.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Stocks Directory
Find actively traded stocks across global markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance