Northern Noncontrolling Interest In Consolidated Entity from 2010 to 2024

NTIC Stock  USD 13.99  0.25  1.76%   
Northern Technologies' Noncontrolling Interest In Consolidated Entity is increasing over the years with slightly volatile fluctuation. Noncontrolling Interest In Consolidated Entity is expected to dwindle to about 3.2 M. During the period from 2010 to 2024 Northern Technologies Noncontrolling Interest In Consolidated Entity annual values regression line had geometric mean of  2,237,267 and mean square error of 937.5 B. View All Fundamentals
 
Noncontrolling Interest In Consolidated Entity  
First Reported
2011-11-30
Previous Quarter
3.4 M
Current Value
3.5 M
Quarterly Volatility
M
 
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 2 M, Interest Expense of 557.6 K or Total Revenue of 96.5 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' Noncontrolling Interest In Consolidated Entity Growth Pattern

Below is the plot of the Noncontrolling Interest In Consolidated Entity of Northern Technologies over the last few years. It is Northern Technologies' Noncontrolling Interest In Consolidated Entity 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.
Noncontrolling Interest In Consolidated Entity10 Years Trend
Slightly volatile
   Noncontrolling Interest In Consolidated Entity   
       Timeline  

Northern Noncontrolling Interest In Consolidated Entity Regression Statistics

Arithmetic Mean2,892,330
Geometric Mean2,237,267
Coefficient Of Variation41.07
Mean Deviation792,679
Median3,074,679
Standard Deviation1,187,902
Sample Variance1.4T
Range4M
R-Value0.62
Mean Square Error937.5B
R-Squared0.38
Significance0.01
Slope164,405
Total Sum of Squares19.8T

Northern Noncontrolling Interest In Consolidated Entity History

20243.2 M
20234.2 M
20213.6 M
20203.4 M
2019M
20183.1 M
20172.7 M

About Northern Technologies Financial Statements

Northern Technologies stakeholders use historical fundamental indicators, such as Northern Technologies' Noncontrolling Interest In Consolidated Entity, 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
Noncontrolling Interest In Consolidated Entity4.2 M3.2 M

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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:
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.