Northern Debt Ratio from 2010 to 2024

NTIC Stock

USD 13.92 0.38 2.81%

Northern Technologies' Debt Ratio is decreasing over the years with stable fluctuation. Debt Ratio is expected to dwindle to 0.000071. During the period from 2010 to 2024 Northern Technologies Debt Ratio annual values regression line had geometric mean of 0.02 and mean square error of 0.0008. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.00007512

Current Value

0.000071

Quarterly Volatility

0.02779084

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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' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Northern Technologies over the last few years. It is Northern Technologies' Debt Ratio 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.

Debt Ratio

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Debt Ratio

Timeline

Northern Debt Ratio Regression Statistics

	Arithmetic Mean	0.05
	Geometric Mean	0.02
	Coefficient Of Variation	51.40
	Mean Deviation	0.02
	Median	0.07
	Standard Deviation	0.03
	Sample Variance	0.0008
	Range	0.0805
	R-Value	(0.26)
	Mean Square Error	0.0008
	R-Squared	0.07
	Significance	0.36
	Slope	(0)
	Total Sum of Squares	0.01

Northern Debt Ratio History

	2024	7.1E-5
	2023	7.5E-5
	2022	0.0712
	2013	0.0685
	2012	0.019
	2011	0.0241
	2010	0.0806

Other Fundumenentals of Northern Technologies

Cash Flow To Debt Ratio

Northern Technologies Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Intangible Assets	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Short Long Term Debt
Total Assets		0.5	0.64	0.46	0.52	0.66	1.0	0.51	0.19	0.63	0.83	1.0	1.0	0.72	0.64	0.37	0.39	-0.84	0.45	0.42	0.63	0.39	0.45	0.96
Total Stockholder Equity	0.5		0.24	1.0	0.87	0.9	0.5	0.96	0.59	0.92	0.58	0.5	0.5	0.57	0.71	0.82	0.78	-0.76	0.79	0.52	0.75	0.62	0.74	0.56
Net Debt	0.64	0.24		0.22	0.51	0.53	0.64	0.31	0.15	0.46	0.76	0.64	0.64	0.88	0.62	-0.03	0.1	-0.46	0.36	0.05	0.63	-0.02	0.31	0.73
Retained Earnings	0.46	1.0	0.22		0.88	0.9	0.46	0.97	0.6	0.9	0.54	0.46	0.46	0.56	0.68	0.83	0.81	-0.74	0.79	0.48	0.74	0.62	0.73	0.52
Accounts Payable	0.52	0.87	0.51	0.88		0.95	0.52	0.94	0.69	0.91	0.63	0.52	0.52	0.81	0.85	0.73	0.74	-0.67	0.86	0.42	0.9	0.56	0.82	0.6
Net Receivables	0.66	0.9	0.53	0.9	0.95		0.66	0.95	0.65	0.95	0.79	0.66	0.66	0.82	0.88	0.77	0.75	-0.79	0.85	0.57	0.92	0.6	0.81	0.75
Total Liab	1.0	0.5	0.64	0.46	0.52	0.66		0.51	0.19	0.63	0.83	1.0	1.0	0.72	0.64	0.37	0.39	-0.84	0.45	0.42	0.63	0.39	0.45	0.96
Total Current Assets	0.51	0.96	0.31	0.97	0.94	0.95	0.51		0.7	0.92	0.61	0.51	0.51	0.67	0.76	0.87	0.83	-0.74	0.87	0.52	0.83	0.7	0.83	0.58
Common Stock	0.19	0.59	0.15	0.6	0.69	0.65	0.19	0.7		0.61	0.36	0.19	0.19	0.49	0.63	0.78	0.58	-0.25	0.87	0.57	0.79	0.69	0.92	0.29
Property Plant Equipment	0.63	0.92	0.46	0.9	0.91	0.95	0.63	0.92	0.61		0.72	0.63	0.63	0.77	0.91	0.77	0.76	-0.8	0.85	0.53	0.88	0.55	0.78	0.7
Short Term Investments	0.83	0.58	0.76	0.54	0.63	0.79	0.83	0.61	0.36	0.72		0.83	0.83	0.87	0.76	0.39	0.44	-0.74	0.59	0.42	0.79	0.35	0.57	0.95
Good Will	1.0	0.5	0.64	0.46	0.52	0.66	1.0	0.51	0.19	0.63	0.83		1.0	0.72	0.64	0.37	0.39	-0.84	0.45	0.42	0.63	0.39	0.45	0.96
Intangible Assets	1.0	0.5	0.64	0.46	0.52	0.66	1.0	0.51	0.19	0.63	0.83	1.0		0.72	0.64	0.37	0.39	-0.84	0.45	0.42	0.63	0.39	0.45	0.96
Short Term Debt	0.72	0.57	0.88	0.56	0.81	0.82	0.72	0.67	0.49	0.77	0.87	0.72	0.72		0.86	0.38	0.46	-0.64	0.7	0.28	0.89	0.32	0.66	0.82
Current Deferred Revenue	0.64	0.71	0.62	0.68	0.85	0.88	0.64	0.76	0.63	0.91	0.76	0.64	0.64	0.86		0.61	0.55	-0.64	0.81	0.57	0.92	0.46	0.78	0.72
Net Tangible Assets	0.37	0.82	-0.03	0.83	0.73	0.77	0.37	0.87	0.78	0.77	0.39	0.37	0.37	0.38	0.61		0.84	-0.59	0.85	0.64	0.7	0.79	0.81	0.4
Total Permanent Equity	0.39	0.78	0.1	0.81	0.74	0.75	0.39	0.83	0.58	0.76	0.44	0.39	0.39	0.46	0.55	0.84		-0.63	0.76	0.25	0.63	0.63	0.67	0.43
Long Term Debt Total	-0.84	-0.76	-0.46	-0.74	-0.67	-0.79	-0.84	-0.74	-0.25	-0.8	-0.74	-0.84	-0.84	-0.64	-0.64	-0.59	-0.63		-0.54	-0.47	-0.61	-0.52	-0.53	-0.82
Capital Surpluse	0.45	0.79	0.36	0.79	0.86	0.85	0.45	0.87	0.87	0.85	0.59	0.45	0.45	0.7	0.81	0.85	0.76	-0.54		0.51	0.92	0.59	0.86	0.55
Long Term Investments	0.42	0.52	0.05	0.48	0.42	0.57	0.42	0.52	0.57	0.53	0.42	0.42	0.42	0.28	0.57	0.64	0.25	-0.47	0.51		0.56	0.68	0.66	0.43
Net Invested Capital	0.63	0.75	0.63	0.74	0.9	0.92	0.63	0.83	0.79	0.88	0.79	0.63	0.63	0.89	0.92	0.7	0.63	-0.61	0.92	0.56		0.55	0.87	0.74
Net Working Capital	0.39	0.62	-0.02	0.62	0.56	0.6	0.39	0.7	0.69	0.55	0.35	0.39	0.39	0.32	0.46	0.79	0.63	-0.52	0.59	0.68	0.55		0.83	0.38
Capital Stock	0.45	0.74	0.31	0.73	0.82	0.81	0.45	0.83	0.92	0.78	0.57	0.45	0.45	0.66	0.78	0.81	0.67	-0.53	0.86	0.66	0.87	0.83		0.53
Short Long Term Debt	0.96	0.56	0.73	0.52	0.6	0.75	0.96	0.58	0.29	0.7	0.95	0.96	0.96	0.82	0.72	0.4	0.43	-0.82	0.55	0.43	0.74	0.38	0.53

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About Northern Technologies Financial Statements

Northern Technologies stakeholders use historical fundamental indicators, such as Northern Technologies' Debt Ratio, 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 Reported	Projected for Next Year
	Cash Flow To Debt Ratio	827.17	868.53

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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:

How To Invest In Northern

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Is Northern Stock a good investment?

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What is Northern Technologies' Net Worth?

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Largest Specialty Chemicals Companies

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Largest Basic Materials Companies

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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.

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Northern Debt Ratio from 2010 to 2024

Latest Northern Technologies' Debt Ratio Growth Pattern

Northern Debt Ratio Regression Statistics

Northern Debt Ratio History

Other Fundumenentals of Northern Technologies

Northern Technologies Debt Ratio component correlations

About Northern Technologies Financial Statements

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