Northern Free Cash Flow Yield vs Cash Conversion Cycle Analysis

NTIC Stock

USD 12.90 0.09 0.69%

Northern Technologies financial indicator trend analysis is infinitely more than just investigating Northern Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Technologies is a good investment. Please check the relationship between Northern Technologies Free Cash Flow Yield and its Cash Conversion Cycle accounts. 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.

Free Cash Flow Yield vs Cash Conversion Cycle

Free Cash Flow Yield vs Cash Conversion Cycle Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Technologies Free Cash Flow Yield account and Cash Conversion Cycle. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Northern Technologies' Free Cash Flow Yield and Cash Conversion Cycle is -0.5. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Northern Technologies, assuming nothing else is changed. The correlation between historical values of Northern Technologies' Free Cash Flow Yield and Cash Conversion Cycle is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Northern Technologies are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Free Cash Flow Yield i.e., Northern Technologies' Free Cash Flow Yield and Cash Conversion Cycle go up and down completely randomly.

Correlation Coefficient

-0.5

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Cash Conversion Cycle

Most indicators from Northern Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.77, whereas Tax Provision is forecasted to decline to about 1.4 M.

	2022	2023	2024	2025 (projected)
Gross Profit	27.8M	33.8M	38.9M	40.8M
Total Revenue	79.9M	85.1M	97.8M	102.7M

Gross Profit Total Revenue

Northern Technologies fundamental ratios 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	0.93	0.99	0.97	0.5	0.98	0.94	0.49	0.99	-0.09	0.19	0.97	0.76	0.71	0.97	0.69	0.99	0.92	0.98	0.89	0.62	0.64	0.74	-0.78	0.96
Other Current Liab	0.86		0.81	0.86	0.82	0.32	0.86	0.84	0.5	0.81	0.04	0.26	0.87	0.7	0.56	0.83	0.72	0.84	0.79	0.89	0.74	0.59	0.61	0.57	-0.62	0.83
Total Current Liabilities	0.93	0.81		0.87	0.96	0.73	0.86	0.97	0.32	0.92	-0.17	-0.09	0.98	0.72	0.77	0.93	0.71	0.94	1.0	0.92	0.92	0.64	0.67	0.49	-0.93	0.92
Total Stockholder Equity	0.99	0.86	0.87		0.93	0.38	1.0	0.9	0.55	0.97	-0.06	0.3	0.93	0.75	0.66	0.95	0.66	0.97	0.86	0.97	0.85	0.59	0.62	0.8	-0.68	0.94
Property Plant And Equipment Net	0.97	0.82	0.96	0.93		0.61	0.92	0.93	0.38	0.96	-0.05	0.01	0.97	0.77	0.8	0.94	0.66	0.99	0.95	0.93	0.96	0.6	0.63	0.6	-0.84	0.97
Net Debt	0.5	0.32	0.73	0.38	0.61		0.36	0.6	-0.33	0.54	-0.16	-0.61	0.61	0.38	0.69	0.5	0.57	0.54	0.75	0.43	0.69	0.26	0.29	0.03	-0.87	0.5
Retained Earnings	0.98	0.86	0.86	1.0	0.92	0.36		0.91	0.57	0.96	-0.09	0.32	0.92	0.75	0.62	0.95	0.64	0.96	0.84	0.97	0.82	0.6	0.62	0.81	-0.67	0.94
Accounts Payable	0.94	0.84	0.97	0.9	0.93	0.6	0.91		0.43	0.91	-0.3	0.05	0.96	0.72	0.65	0.98	0.68	0.93	0.96	0.95	0.84	0.68	0.7	0.56	-0.87	0.93
Cash	0.49	0.5	0.32	0.55	0.38	-0.33	0.57	0.43		0.43	-0.05	0.66	0.41	0.51	0.01	0.5	0.06	0.46	0.3	0.55	0.22	0.66	0.65	0.51	-0.16	0.49
Non Current Assets Total	0.99	0.81	0.92	0.97	0.96	0.54	0.96	0.91	0.43		-0.06	0.1	0.95	0.75	0.73	0.93	0.7	0.97	0.91	0.93	0.9	0.54	0.57	0.77	-0.77	0.95
Non Currrent Assets Other	-0.09	0.04	-0.17	-0.06	-0.05	-0.16	-0.09	-0.3	-0.05	-0.06		0.07	-0.06	-0.04	0.06	-0.26	-0.12	-0.04	-0.18	-0.12	0.0	-0.14	-0.13	-0.02	0.24	-0.14
Cash And Short Term Investments	0.19	0.26	-0.09	0.3	0.01	-0.61	0.32	0.05	0.66	0.1	0.07		0.04	0.12	-0.23	0.19	-0.01	0.13	-0.12	0.29	-0.12	0.26	0.24	0.45	0.28	0.09
Net Receivables	0.97	0.87	0.98	0.93	0.97	0.61	0.92	0.96	0.41	0.95	-0.06	0.04		0.76	0.77	0.95	0.7	0.97	0.97	0.96	0.92	0.64	0.68	0.57	-0.85	0.95
Common Stock Shares Outstanding	0.76	0.7	0.72	0.75	0.77	0.38	0.75	0.72	0.51	0.75	-0.04	0.12	0.76		0.59	0.73	0.54	0.76	0.71	0.74	0.72	0.71	0.72	0.51	-0.6	0.77
Non Current Liabilities Total	0.71	0.56	0.77	0.66	0.8	0.69	0.62	0.65	0.01	0.73	0.06	-0.23	0.77	0.59		0.65	0.48	0.77	0.77	0.66	0.94	0.32	0.36	0.32	-0.67	0.66
Inventory	0.97	0.83	0.93	0.95	0.94	0.5	0.95	0.98	0.5	0.93	-0.26	0.19	0.95	0.73	0.65		0.62	0.96	0.92	0.98	0.84	0.7	0.72	0.63	-0.8	0.95
Other Current Assets	0.69	0.72	0.71	0.66	0.66	0.57	0.64	0.68	0.06	0.7	-0.12	-0.01	0.7	0.54	0.48	0.62		0.65	0.71	0.66	0.61	0.35	0.37	0.47	-0.64	0.65
Other Stockholder Equity	0.99	0.84	0.94	0.97	0.99	0.54	0.96	0.93	0.46	0.97	-0.04	0.13	0.97	0.76	0.77	0.96	0.65		0.93	0.97	0.93	0.63	0.66	0.66	-0.8	0.96
Total Liab	0.92	0.79	1.0	0.86	0.95	0.75	0.84	0.96	0.3	0.91	-0.18	-0.12	0.97	0.71	0.77	0.92	0.71	0.93		0.9	0.91	0.63	0.66	0.47	-0.94	0.91
Total Current Assets	0.98	0.89	0.92	0.97	0.93	0.43	0.97	0.95	0.55	0.93	-0.12	0.29	0.96	0.74	0.66	0.98	0.66	0.97	0.9		0.85	0.68	0.71	0.67	-0.75	0.94
Property Plant And Equipment Gross	0.89	0.74	0.92	0.85	0.96	0.69	0.82	0.84	0.22	0.9	0.0	-0.12	0.92	0.72	0.94	0.84	0.61	0.93	0.91	0.85		0.5	0.54	0.48	-0.8	0.87
Common Stock Total Equity	0.62	0.59	0.64	0.59	0.6	0.26	0.6	0.68	0.66	0.54	-0.14	0.26	0.64	0.71	0.32	0.7	0.35	0.63	0.63	0.68	0.5		1.0	0.21	-0.59	0.63
Common Stock	0.64	0.61	0.67	0.62	0.63	0.29	0.62	0.7	0.65	0.57	-0.13	0.24	0.68	0.72	0.36	0.72	0.37	0.66	0.66	0.71	0.54	1.0		0.22	-0.62	0.66
Other Liab	0.74	0.57	0.49	0.8	0.6	0.03	0.81	0.56	0.51	0.77	-0.02	0.45	0.57	0.51	0.32	0.63	0.47	0.66	0.47	0.67	0.48	0.21	0.22		-0.28	0.63
Other Assets	-0.78	-0.62	-0.93	-0.68	-0.84	-0.87	-0.67	-0.87	-0.16	-0.77	0.24	0.28	-0.85	-0.6	-0.67	-0.8	-0.64	-0.8	-0.94	-0.75	-0.8	-0.59	-0.62	-0.28		-0.79
Property Plant Equipment	0.96	0.83	0.92	0.94	0.97	0.5	0.94	0.93	0.49	0.95	-0.14	0.09	0.95	0.77	0.66	0.95	0.65	0.96	0.91	0.94	0.87	0.63	0.66	0.63	-0.79

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Northern Technologies Account Relationship Matchups

Northern Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	74.4M	86.2M	89.3M	94.7M	108.9M	114.3M
Other Current Liab	3.8M	3.0M	4.0M	3.7M	4.3M	4.5M
Total Current Liabilities	8.5M	17.1M	16.7M	17.9M	20.6M	21.6M
Total Stockholder Equity	62.4M	63.6M	66.4M	71.2M	81.9M	86.0M
Property Plant And Equipment Net	12.2M	12.7M	14.5M	16.7M	19.2M	20.2M
Net Debt	(7.3M)	1.1M	1.4M	2.6M	2.3M	2.4M
Retained Earnings	47.0M	50.7M	51.0M	53.8M	61.8M	64.9M
Accounts Payable	4.3M	7.8M	6.1M	6.4M	7.4M	7.7M
Cash	7.7M	5.3M	5.4M	5.0M	5.7M	3.2M
Non Current Assets Total	40.6M	46.0M	49.7M	53.1M	61.1M	64.1M
Cash And Short Term Investments	7.7M	5.3M	5.4M	5.0M	5.7M	4.3M
Net Receivables	13.6M	16.6M	19.1M	20.4M	23.5M	24.7M
Common Stock Shares Outstanding	9.9M	9.6M	9.7M	9.8M	11.3M	9.3M
Liabilities And Stockholders Equity	74.4M	86.2M	89.3M	94.7M	108.9M	114.3M
Non Current Liabilities Total	104.1K	1.9M	1.9M	1.6B	1.8B	1.9B
Inventory	11.1M	16.3M	13.1M	14.4M	16.5M	17.4M
Other Current Assets	1.3M	2.0M	2.0M	1.8M	2.1M	2.2M
Other Stockholder Equity	18.7M	19.9M	22.0M	23.6M	27.2M	28.5M
Total Liab	8.6M	18.9M	18.6M	19.5M	22.4M	23.5M
Total Current Assets	33.7M	40.2M	39.7M	41.6M	47.8M	50.2M
Property Plant And Equipment Gross	12.2M	12.7M	14.5M	26.8M	30.8M	32.3M
Accumulated Other Comprehensive Income	(3.5M)	(7.2M)	(6.8M)	(6.4M)	(5.7M)	(5.5M)
Common Stock Total Equity	181.7K	182K	183.7K	184.7K	212.3K	108.5K
Common Stock	183.7K	184.7K	188.5K	189.3K	217.7K	116.2K
Other Assets	1.6M	209.7K	92.6K	(53.0B)	(47.7B)	(45.4B)
Property Plant Equipment	7.4M	7.1M	12.2M	12.2M	14.0M	14.7M
Short Term Investments	4.6K	5.6K	23.7B	25.4B	29.2B	30.6B
Good Will	1.0M	802.0K	0.0	4.8M	5.5M	5.8M
Intangible Assets	709.6K	6.6M	6.2M	5.7M	6.5M	6.9M
Short Long Term Debt Total	376.4K	6.5M	6.8M	7.5M	8.7M	9.1M
Short Term Debt	272.3K	6.3M	6.7M	7.4M	8.6M	9.0M
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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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.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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

0.52

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 Free Cash Flow Yield vs Cash Conversion Cycle Analysis

Free Cash Flow Yield vs Cash Conversion Cycle

Free Cash Flow Yield vs Cash Conversion Cycle Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Cash Conversion Cycle

Northern Technologies fundamental ratios Correlations

Northern Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northern Technologies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets

Other Assets	- 0.94	Total Liab
Other Assets	- 0.93	Total Current Liabilities
Other Assets	- 0.87	Accounts Payable
Other Assets	- 0.87	Net Debt
Other Assets	- 0.85	Net Receivables
Other Assets	- 0.84	Property Plant And Equipment Net