Northern Historical Balance Sheet

NTIC Stock

USD 13.99 0.25 1.76%

Trend analysis of Northern Technologies balance sheet accounts such as Total Stockholder Equity of 80.1 M provides information on Northern Technologies' total assets, liabilities, and equity, which is the actual value of Northern Technologies to its prevalent stockholders. By breaking down trends over time using Northern Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Northern Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northern Technologies is a good buy for the upcoming year.

Northern Technologies Inventory

15.81 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

About Northern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Northern Technologies at a specified time, usually calculated after every quarter, six months, or one year. Northern Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.

Northern Technologies Balance Sheet Chart

At present, Northern Technologies' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 20.2 M, whereas Cash is forecasted to decline to about 3.2 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Retained Earnings

Add Fundamental

Total Assets

Total assets refers to the total amount of Northern Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northern Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Northern Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northern Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most accounts from Northern Technologies' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Northern Technologies current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.At present, Northern Technologies' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 20.2 M, whereas Cash is forecasted to decline to about 3.2 M.

	2021	2022	2023	2024 (projected)
Other Current Liabilities	3.0M	4.0M	4.5M	4.8M
Total Assets	86.2M	89.3M	102.7M	107.9M

Other Current Liab Total Assets

Northern Technologies balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Other Assets	Property Plant Equipment
Total Assets		0.86	0.92	0.99	0.97	0.36	0.98	0.93	0.54	0.98	0.15	0.28	0.96	0.75	0.51	0.96	0.71	0.99	0.9	0.98	0.96	0.6	0.61	0.77	-0.59	0.96
Other Current Liab	0.86		0.83	0.86	0.84	0.25	0.86	0.83	0.49	0.81	0.26	0.29	0.89	0.71	0.48	0.82	0.73	0.86	0.8	0.89	0.84	0.56	0.58	0.58	-0.47	0.84
Total Current Liabilities	0.92	0.83		0.85	0.94	0.64	0.85	0.97	0.36	0.9	0.09	-0.01	0.97	0.71	0.58	0.92	0.75	0.93	1.0	0.91	0.95	0.62	0.63	0.5	-0.7	0.92
Total Stockholder Equity	0.99	0.86	0.85		0.93	0.22	1.0	0.89	0.6	0.97	0.16	0.4	0.92	0.74	0.46	0.94	0.66	0.97	0.83	0.97	0.92	0.58	0.59	0.83	-0.52	0.93
Property Plant And Equipment Net	0.97	0.84	0.94	0.93		0.47	0.92	0.92	0.47	0.96	0.2	0.12	0.97	0.77	0.44	0.93	0.7	0.98	0.93	0.94	1.0	0.6	0.62	0.64	-0.68	0.99
Net Debt	0.36	0.25	0.64	0.22	0.47		0.22	0.5	-0.38	0.4	0.03	-0.62	0.49	0.28	0.31	0.37	0.57	0.4	0.67	0.3	0.49	0.15	0.17	-0.03	-0.5	0.4
Retained Earnings	0.98	0.86	0.85	1.0	0.92	0.22		0.9	0.6	0.96	0.12	0.41	0.92	0.73	0.48	0.95	0.64	0.96	0.82	0.97	0.91	0.58	0.59	0.83	-0.49	0.92
Accounts Payable	0.93	0.83	0.97	0.89	0.92	0.5	0.9		0.46	0.89	-0.07	0.12	0.96	0.71	0.6	0.97	0.69	0.93	0.96	0.94	0.92	0.66	0.68	0.57	-0.62	0.92
Cash	0.54	0.49	0.36	0.6	0.47	-0.38	0.6	0.46		0.48	-0.03	0.67	0.46	0.58	0.26	0.55	0.07	0.52	0.34	0.59	0.45	0.69	0.69	0.52	-0.32	0.51
Non Current Assets Total	0.98	0.81	0.9	0.97	0.96	0.4	0.96	0.89	0.48		0.18	0.19	0.93	0.74	0.47	0.91	0.72	0.97	0.89	0.92	0.95	0.51	0.53	0.81	-0.58	0.94
Non Currrent Assets Other	0.15	0.26	0.09	0.16	0.2	0.03	0.12	-0.07	-0.03	0.18		0.0	0.2	0.17	0.07	-0.05	0.11	0.22	0.09	0.11	0.2	-0.05	-0.03	0.11	-0.03	0.12
Cash And Short Term Investments	0.28	0.29	-0.01	0.4	0.12	-0.62	0.41	0.12	0.67	0.19	0.0		0.12	0.21	0.03	0.28	0.01	0.24	-0.06	0.37	0.1	0.33	0.32	0.47	0.1	0.15
Net Receivables	0.96	0.89	0.97	0.92	0.97	0.49	0.92	0.96	0.46	0.93	0.2	0.12		0.75	0.57	0.93	0.73	0.97	0.96	0.96	0.97	0.63	0.65	0.59	-0.64	0.95
Common Stock Shares Outstanding	0.75	0.71	0.71	0.74	0.77	0.28	0.73	0.71	0.58	0.74	0.17	0.21	0.75		0.37	0.71	0.56	0.75	0.69	0.73	0.76	0.7	0.71	0.52	-0.48	0.77
Non Current Liabilities Total	0.51	0.48	0.58	0.46	0.44	0.31	0.48	0.6	0.26	0.47	0.07	0.03	0.57	0.37		0.52	0.34	0.49	0.58	0.53	0.44	0.55	0.56	0.25	-0.24	0.41
Inventory	0.96	0.82	0.92	0.94	0.93	0.37	0.95	0.97	0.55	0.91	-0.05	0.28	0.93	0.71	0.52		0.62	0.95	0.9	0.97	0.93	0.69	0.71	0.65	-0.62	0.94
Other Current Assets	0.71	0.73	0.75	0.66	0.7	0.57	0.64	0.69	0.07	0.72	0.11	0.01	0.73	0.56	0.34	0.62		0.67	0.74	0.67	0.69	0.33	0.35	0.48	-0.54	0.67
Other Stockholder Equity	0.99	0.86	0.93	0.97	0.98	0.4	0.96	0.93	0.52	0.97	0.22	0.24	0.97	0.75	0.49	0.95	0.67		0.92	0.97	0.98	0.63	0.65	0.7	-0.65	0.97
Total Liab	0.9	0.8	1.0	0.83	0.93	0.67	0.82	0.96	0.34	0.89	0.09	-0.06	0.96	0.69	0.58	0.9	0.74	0.92		0.89	0.94	0.6	0.62	0.49	-0.71	0.9
Total Current Assets	0.98	0.89	0.91	0.97	0.94	0.3	0.97	0.94	0.59	0.92	0.11	0.37	0.96	0.73	0.53	0.97	0.67	0.97	0.89		0.93	0.67	0.68	0.69	-0.58	0.93
Property Plant And Equipment Gross	0.96	0.84	0.95	0.92	1.0	0.49	0.91	0.92	0.45	0.95	0.2	0.1	0.97	0.76	0.44	0.93	0.69	0.98	0.94	0.93		0.6	0.62	0.61	-0.69	0.99
Common Stock Total Equity	0.6	0.56	0.62	0.58	0.6	0.15	0.58	0.66	0.69	0.51	-0.05	0.33	0.63	0.7	0.55	0.69	0.33	0.63	0.6	0.67	0.6		1.0	0.21	-0.67	0.61
Common Stock	0.61	0.58	0.63	0.59	0.62	0.17	0.59	0.68	0.69	0.53	-0.03	0.32	0.65	0.71	0.56	0.71	0.35	0.65	0.62	0.68	0.62	1.0		0.22	-0.68	0.62
Other Liab	0.77	0.58	0.5	0.83	0.64	-0.03	0.83	0.57	0.52	0.81	0.11	0.47	0.59	0.52	0.25	0.65	0.48	0.7	0.49	0.69	0.61	0.21	0.22		-0.16	0.65
Other Assets	-0.59	-0.47	-0.7	-0.52	-0.68	-0.5	-0.49	-0.62	-0.32	-0.58	-0.03	0.1	-0.64	-0.48	-0.24	-0.62	-0.54	-0.65	-0.71	-0.58	-0.69	-0.67	-0.68	-0.16		-0.66
Property Plant Equipment	0.96	0.84	0.92	0.93	0.99	0.4	0.92	0.92	0.51	0.94	0.12	0.15	0.95	0.77	0.41	0.94	0.67	0.97	0.9	0.93	0.99	0.61	0.62	0.65	-0.66

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Northern Technologies Account Relationship Matchups

Northern Technologies balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	66.1M	74.4M	86.2M	89.3M	102.7M	107.9M
Other Current Liab	2.2M	3.8M	3.0M	4.0M	4.5M	4.8M
Total Current Liabilities	6.1M	8.5M	17.1M	16.7M	19.2M	20.2M
Total Stockholder Equity	56.7M	62.4M	63.6M	66.4M	76.3M	80.1M
Property Plant And Equipment Net	7.8M	12.2M	12.7M	14.5M	16.7M	17.5M
Net Debt	(5.7M)	(7.3M)	1.1M	1.4M	1.2M	1.3M
Retained Earnings	42.5M	47.0M	50.7M	51.0M	58.7M	61.6M
Accounts Payable	3.2M	4.3M	7.8M	6.1M	7.0M	7.3M
Cash	6.4M	7.7M	5.3M	5.4M	6.2M	3.2M
Non Current Assets Total	32.9M	40.6M	46.0M	49.7M	57.1M	60.0M
Cash And Short Term Investments	11.9M	7.7M	5.3M	5.4M	6.2M	4.2M
Net Receivables	9.5M	13.6M	16.6M	19.1M	22.0M	23.1M
Common Stock Shares Outstanding	9.1M	9.9M	9.6M	9.7M	11.1M	9.3M
Liabilities And Stockholders Equity	66.1M	74.4M	86.2M	89.3M	102.7M	107.9M
Non Current Liabilities Total	272.4K	104.1K	1.9M	1.9M	2.2M	2.3M
Inventory	11.0M	11.1M	16.3M	13.1M	15.1M	15.8M
Other Current Assets	797.5K	1.3M	2.0M	2.0M	2.3M	2.4M
Other Stockholder Equity	17.4M	18.7M	19.9M	22.0M	25.3M	26.5M
Total Liab	6.4M	8.6M	18.9M	18.6M	21.4M	22.5M
Total Current Assets	33.2M	33.7M	40.2M	39.7M	45.6M	47.9M
Property Plant And Equipment Gross	7.8M	12.2M	12.7M	14.5M	16.7M	17.5M
Accumulated Other Comprehensive Income	(3.4M)	(3.5M)	(7.2M)	(6.8M)	(6.1M)	(5.8M)
Common Stock Total Equity	181.7K	182K	183.7K	184.7K	212.3K	108.5K
Common Stock	182K	183.7K	184.7K	188.5K	216.8K	112.5K
Other Assets	1.7M	1.6M	209.7K	92.6K	83.3K	79.1K
Property Plant Equipment	7.4M	7.1M	12.2M	12.2M	14.0M	14.7M
Short Term Investments	5.5M	4.6K	5.6K	23.7B	27.2B	28.6B
Good Will	1.0M	802.0K	0.0	4.8M	5.5M	5.8M
Intangible Assets	802.0K	709.6K	6.6M	6.2M	7.1M	7.4M
Net Tangible Assets	56.6M	56.7M	61.7M	52.2M	60.0M	53.6M
Noncontrolling Interest In Consolidated Entity	3.1M	3.0M	3.4M	3.6M	4.2M	3.2M
Retained Earnings Total Equity	45.0M	42.5M	47.0M	50.7M	58.3M	41.9M
Capital Surpluse	16.0M	17.4M	18.7M	19.9M	22.9M	16.4M

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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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For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Northern Historical Balance Sheet

Northern Technologies Inventory

15.81 Million

About Northern Balance Sheet Analysis

Northern Technologies Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Retained Earnings

Northern Technologies balance sheet Correlations

Northern Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Technologies balance sheet Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets

Other Assets	- 0.71	Total Liab
Other Assets	- 0.7	Total Current Liabilities
Other Assets	- 0.69	Property Plant And Equipment Gross
Other Assets	- 0.68	Common Stock
Other Assets	- 0.68	Property Plant And Equipment Net
Other Assets	- 0.67	Common Stock Total Equity