Northern Financial Statements From 2010 to 2025

NTIC Stock  USD 11.06  0.21  1.86%   
Northern Technologies financial statements provide useful quarterly and yearly information to potential Northern Technologies 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 Northern Technologies financial statements helps investors assess Northern Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Northern Technologies' valuation are summarized below:
Gross Profit
34.6 M
Profit Margin
0.0589
Market Capitalization
104.7 M
Enterprise Value Revenue
1.272
Revenue
86.2 M
We have found one hundred twenty available fundamental ratios for Northern Technologies, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Northern Technologies' last-minute performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 122.1 M. The current year's Enterprise Value is expected to grow to about 124.6 M

Northern Technologies Total Revenue

102.71 Million

Check Northern Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 410.7 K or Total Revenue of 102.7 M, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.0142 or PTB Ratio of 2.39. Northern financial statements analysis is a perfect complement when working with Northern Technologies Valuation or Volatility modules.
  
Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

Northern Technologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets114.3 M108.9 M67 M
Slightly volatile
Other Current Liabilities4.5 M4.3 M2.6 M
Slightly volatile
Total Current Liabilities21.6 M20.6 M9.3 M
Slightly volatile
Total Stockholder Equity86 M81.9 M53.8 M
Slightly volatile
Property Plant And Equipment Net20.2 M19.2 M9.7 M
Slightly volatile
Accounts Payable7.7 M7.4 MM
Slightly volatile
Cash3.2 M5.7 M4.6 M
Slightly volatile
Non Current Assets Total64.1 M61.1 M37.5 M
Slightly volatile
Cash And Short Term Investments4.3 M5.7 M6.2 M
Pretty Stable
Net Receivables24.7 M23.5 M12.1 M
Slightly volatile
Common Stock Shares Outstanding9.3 M11.3 M9.4 M
Slightly volatile
Liabilities And Stockholders Equity114.3 M108.9 M67 M
Slightly volatile
Inventory17.4 M16.5 M9.9 M
Slightly volatile
Other Current Assets2.2 M2.1 M1.3 M
Slightly volatile
Other Stockholder Equity28.5 M27.2 M16.8 M
Slightly volatile
Total Liabilities23.5 M22.4 M10 M
Slightly volatile
Total Current Assets50.2 M47.8 M29.5 M
Slightly volatile
Property Plant And Equipment Gross32.3 M30.8 M11.9 M
Slightly volatile
Common Stock Total Equity108.5 K212.3 K134.5 K
Slightly volatile
Common Stock116.2 K217.7 K135.9 K
Slightly volatile
Other Liabilities2.1 MM1.6 M
Slightly volatile
Property Plant Equipment14.7 M14 M8.6 M
Slightly volatile
Intangible Assets6.9 M6.5 M2.7 M
Slightly volatile
Short and Long Term Debt Total9.1 M8.7 M2.9 M
Slightly volatile
Short Term DebtM8.6 M2.7 M
Slightly volatile
Current Deferred Revenue41.3 M39.3 M14.5 M
Slightly volatile
Net Tangible Assets53.6 M60 M49.4 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.2 M4.2 M2.9 M
Slightly volatile
Retained Earnings Total Equity41.9 M58.3 M40.4 M
Slightly volatile
Long Term Debt Total716.3 K771.6 K852.6 K
Slightly volatile
Capital Surpluse16.4 M22.9 M15.9 M
Slightly volatile
Long Term Investments25.3 M29.2 M23.5 M
Slightly volatile
Deferred Long Term Asset Charges1.2 M1.4 M1.2 M
Slightly volatile
Net Invested Capital68.5 M90.1 M59.4 M
Slightly volatile
Net Working Capital26.3 M27.2 M23.3 M
Slightly volatile
Capital Stock188.7 K217.7 K140.2 K
Slightly volatile
Capital Lease Obligations391.4 K382.1 K571.8 K
Slightly volatile
Non Current Liabilities Other149.5 K165.8 K231 K
Slightly volatile
Short and Long Term Debt7.1 M8.2 M6.2 M
Slightly volatile

Northern Technologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.1 MM869.8 K
Slightly volatile
Total Revenue102.7 M97.8 M51.8 M
Slightly volatile
Gross Profit40.8 M38.9 M18.4 M
Slightly volatile
Other Operating Expenses93.2 M88.8 M54.4 M
Slightly volatile
Operating Income9.5 MM5.4 M
Slightly volatile
Cost Of Revenue61.9 M59 M33.4 M
Slightly volatile
Total Operating Expenses31.3 M29.8 M21 M
Slightly volatile
Income Tax Expense787 K1.5 M1.1 M
Slightly volatile
Research Development5.8 M5.5 M4.1 M
Slightly volatile
Selling General Administrative17.1 M16.3 M9.1 M
Slightly volatile
Selling And Marketing Expenses19.8 M18.9 M10.4 M
Slightly volatile
Tax Provision1.4 M1.5 M1.1 M
Slightly volatile
Interest Income87.3 K136.7 K67.1 K
Slightly volatile
Reconciled Depreciation1.4 MM1.2 M
Slightly volatile

Northern Technologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow6.5 M6.2 M4.7 M
Slightly volatile
Depreciation2.1 MM1.1 M
Slightly volatile
End Period Cash FlowM5.7 M4.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.881.752.2855
Slightly volatile
Dividend Yield0.01420.01840.0146
Slightly volatile
PTB Ratio2.392.092.076
Pretty Stable
Days Sales Outstanding72.678.8782.7338
Pretty Stable
Book Value Per Share7.226.885.8975
Slightly volatile
Average Payables6.5 M6.2 M4.1 M
Slightly volatile
Stock Based Compensation To Revenue0.01240.01460.0151
Pretty Stable
Capex To Depreciation1.531.751.9704
Pretty Stable
PB Ratio2.392.092.076
Pretty Stable
EV To Sales2.721.782.1919
Slightly volatile
Inventory Turnover4.534.13.5034
Slightly volatile
Days Of Inventory On Hand76.6592.2107
Slightly volatile
Payables Turnover9.899.229.6462
Slightly volatile
Sales General And Administrative To Revenue0.230.190.1973
Slightly volatile
Average Inventory13 M12.4 M9.4 M
Slightly volatile
Research And Ddevelopement To Revenue0.06780.05080.0947
Slightly volatile
Capex To Revenue0.03350.03620.0409
Pretty Stable
Cash Per Share0.430.45159
Pretty Stable
Days Payables Outstanding30.7840.9641.133
Pretty Stable
Intangibles To Total Assets0.10.09950.0488
Slightly volatile
Current Ratio2.542.674.135
Slightly volatile
Tangible Book Value Per Share6.225.925.4834
Slightly volatile
Receivables Turnover4.74.794.4567
Very volatile
Graham Number28326959.1854
Slightly volatile
Shareholders Equity Per Share6.846.525.5749
Slightly volatile
Debt To Equity0.07190.120.0461
Slightly volatile
Capex Per Share0.330.310.2111
Slightly volatile
Graham Net Net0.690.73159
Pretty Stable
Average Receivables16.9 M16.1 M11 M
Slightly volatile
Revenue Per Share8.177.785.2701
Slightly volatile
Interest Debt Per Share0.760.720.2715
Slightly volatile
Debt To Assets0.05760.09150.0361
Slightly volatile
Operating Cycle147171189
Slightly volatile
Price Book Value Ratio2.392.092.076
Pretty Stable
Days Of Payables Outstanding30.7840.9641.133
Pretty Stable
Operating Profit Margin0.09820.110.1248
Slightly volatile
Company Equity Multiplier0.931.21.1942
Very volatile
Long Term Debt To Capitalization0.04270.02370.0252
Pretty Stable
Total Debt To Capitalization0.06610.110.0426
Slightly volatile
Return On Capital Employed0.08970.120.1042
Slightly volatile
Debt Equity Ratio0.07190.120.0461
Slightly volatile
Ebit Per Revenue0.09820.110.1248
Slightly volatile
Quick Ratio1.661.752.8711
Slightly volatile
Cash Ratio0.30.321.3688
Slightly volatile
Cash Conversion Cycle116130148
Slightly volatile
Days Of Inventory Outstanding76.6592.2107
Slightly volatile
Days Of Sales Outstanding72.678.8782.7338
Pretty Stable
Price To Book Ratio2.392.092.076
Pretty Stable
Fixed Asset Turnover9.015.866.1183
Very volatile
Debt Ratio0.05760.09150.0361
Slightly volatile
Price Sales Ratio2.881.752.2855
Slightly volatile
Asset Turnover0.81.030.7652
Slightly volatile
Gross Profit Margin0.460.39720.3664
Very volatile
Price Fair Value2.392.092.076
Pretty Stable

Northern Technologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap122.1 M116.3 M94.9 M
Slightly volatile
Enterprise Value124.6 M118.6 M92.7 M
Slightly volatile

Northern Fundamental Market Drivers

Cash And Short Term InvestmentsM

Northern Upcoming Events

11th of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
19th of November 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of August 2023
Last Financial Announcement
View

About Northern Technologies Financial Statements

Northern Technologies stakeholders use historical fundamental indicators, such as Northern Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Although Northern Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Technologies' assets and liabilities are reflected in the revenues and expenses on Northern Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northern Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue39.3 M41.3 M
Total Revenue97.8 M102.7 M
Cost Of Revenue59 M61.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.19  0.23 
Research And Ddevelopement To Revenue 0.05  0.07 
Capex To Revenue 0.04  0.03 
Revenue Per Share 7.78  8.17 
Ebit Per Revenue 0.11  0.10 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:
Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.28
Earnings Share
0.52
Revenue Per Share
9.128
Quarterly Revenue Growth
0.057
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.