Northern Gross Profit from 2010 to 2024

NTIC Stock  USD 13.71  0.21  1.51%   
Northern Technologies' Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 35.5 M this year. Gross Profit is the profit Northern Technologies makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1990-11-30
Previous Quarter
7.9 M
Current Value
10.2 M
Quarterly Volatility
M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 1.8 M, Interest Expense of 357.1 K or Total Revenue of 89.3 M, as well as many indicators such as Price To Sales Ratio of 2.92, Ptb Ratio of 2.4 or Days Sales Outstanding of 72.64. 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.

Latest Northern Technologies' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Northern Technologies over the last few years. Gross profit is a required income statement account that reflects total revenue of Northern Technologies minus its cost of goods sold. It is profit before Northern Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Northern Technologies' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Technologies' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 23.07 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Northern Gross Profit Regression Statistics

Arithmetic Mean16,707,561
Geometric Mean13,603,612
Coefficient Of Variation58.96
Mean Deviation7,705,842
Median16,029,417
Standard Deviation9,850,210
Sample Variance97T
Range33.6M
R-Value0.96
Mean Square Error7.9T
R-Squared0.92
Slope2,118,097
Total Sum of Squares1358.4T

Northern Gross Profit History

202435.5 M
202333.8 M
202227.8 M
202123.1 M
202019.6 M
201916 M
201817.8 M

Other Fundumenentals of Northern Technologies

Northern Technologies Gross Profit component correlations

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Click cells to compare fundamentals

About Northern Technologies Financial Statements

Northern Technologies stakeholders use historical fundamental indicators, such as Northern Technologies' Gross Profit, 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
Gross Profit33.8 M35.5 M
Gross Profit Margin 0.40  0.46 

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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
(0.09)
Earnings Share
0.55
Revenue Per Share
8.752
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0079
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.