Northern Technologies International Balance Sheet Health
Financial Health criteria checks 5/6
Northern Technologies International has a total shareholder equity of $71.9M and total debt of $4.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are $87.3M and $15.4M respectively. Northern Technologies International's EBIT is $1.5M making its interest coverage ratio 4.4. It has cash and short-term investments of $4.8M.
Key information
5.5%
Debt to equity ratio
US$3.98m
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$4.84m |
| Equity | US$71.95m |
| Total liabilities | US$15.36m |
| Total assets | US$87.31m |
Recent financial health updates
Recent updates
Northern Technologies International's (NASDAQ:NTIC) Dividend Will Be $0.07
Apr 25
Northern Technologies' Markets Are Revitalizing, But The Stock Is Still Expensive
Apr 23Northern Technologies Keeps Performing, But Its Price Is Too High
Jan 24Northern Technologies International (NASDAQ:NTIC) Has Announced A Dividend Of $0.07
Jan 21Northern Technologies International (NASDAQ:NTIC) Has Affirmed Its Dividend Of $0.07
Oct 21Northern Technologies International (NASDAQ:NTIC) Will Pay A Dividend Of $0.07
Jul 20Northern Technologies International (NASDAQ:NTIC) Is Paying Out A Dividend Of $0.07
Apr 27Northern Technologies International (NASDAQ:NTIC) Will Pay A Dividend Of $0.07
Jan 26Here's Why Northern Technologies International (NASDAQ:NTIC) Can Manage Its Debt Responsibly
Nov 08Northern Technologies declares $0.07 dividend
Oct 20Is Northern Technologies International Corporation (NASDAQ:NTIC) Potentially Undervalued?
Sep 30Northern technologies international corporation announces oil & gas contract with BP exploration (caspian sea) limited
Sep 19Northern Technologies International (NASDAQ:NTIC) Is Paying Out A Dividend Of $0.07
Jul 23Northern Technologies declares $0.07 dividend
Jul 20Northern Technologies Non-GAAP EPS of $0.12 misses by $0.03, revenue of $18.96M misses by $0.04M
Jul 07Northern Technologies Stock: Overpriced And Suffering From Competitive Pressures
Feb 17We Think That There Are Issues Underlying Northern Technologies International's (NASDAQ:NTIC) Earnings
Jan 23Northern Technologies International (NASDAQ:NTIC) Is Looking To Continue Growing Its Returns On Capital
Nov 24Northern Technologies International Corporation (NASDAQ:NTIC) Is Yielding 1.6% - But Is It A Buy?
Mar 01Did You Miss Northern Technologies International's (NASDAQ:NTIC) Impressive 159% Share Price Gain?
Feb 03
Northern Technologies: More Upside In This Turnaround Story
Jan 13What Kind Of Investors Own Most Of Northern Technologies International Corporation (NASDAQ:NTIC)?
Jan 08Northern Technologies EPS beats by $0.08, beats on revenue
Jan 07Financial Position Analysis
Short Term Liabilities: NTIC's short term assets ($37.3M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: NTIC's short term assets ($37.3M) exceed its long term liabilities ($2.0M).
Debt to Equity History and Analysis
Debt Level: NTIC has more cash than its total debt.
Reducing Debt: NTIC's debt to equity ratio has increased from 0% to 5.5% over the past 5 years.
Debt Coverage: NTIC's debt is well covered by operating cash flow (225.9%).
Interest Coverage: NTIC's interest payments on its debt are well covered by EBIT (4.4x coverage).