Northern Technologies International Corp financial data

Symbol
NTIC on Nasdaq
Industry
Coating, Engraving & Allied Services
Location
4201 Woodland Road, Po Box 69, Circle Pines, Minnesota
State of incorporation
Delaware
Fiscal year end
August 31
Latest financial report
Q1 2024 - Apr 11, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 250 % -2.4%
Quick Ratio 85.1 % -13.2%
Return On Equity 6.5 % +72.7%
Return On Assets 5.23 % +74.3%
Operating Margin 9.62 % +46.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.43M shares +0.65%
Common Stock, Shares, Outstanding 9.43M shares +0.65%
Entity Public Float 101M USD -17%
Common Stock, Value, Issued 189K USD +0.65%
Weighted Average Number of Shares Outstanding, Basic 9.43M shares +0.65%
Weighted Average Number of Shares Outstanding, Diluted 9.72M shares -0.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 82.7M USD +6.8%
Research and Development Expense 4.92M USD +4.23%
General and Administrative Expense 13.7M USD +16.2%
Operating Income (Loss) 7.96M USD +56.7%
Income Tax Expense (Benefit) 1.57M USD +4.16%
Net Income (Loss) Attributable to Parent 4.6M USD +79.4%
Earnings Per Share, Basic 0.49 USD/shares +81.5%
Earnings Per Share, Diluted 0.47 USD/shares +74.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.84M USD -11.3%
Inventory, Net 12.5M USD -17.4%
Assets, Current 37.3M USD -5.73%
Deferred Income Tax Assets, Net 505K USD
Property, Plant and Equipment, Net 15M USD +11.3%
Operating Lease, Right-of-Use Asset 336K USD -10.1%
Goodwill 4.78M USD 0%
Assets 87.3M USD +1.36%
Accounts Payable, Current 6.49M USD +2.86%
Employee-related Liabilities, Current 1.43M USD +18.3%
Liabilities, Current 13.4M USD -16.9%
Deferred Income Tax Liabilities, Net 1.84M USD +13.1%
Operating Lease, Liability, Noncurrent 165K USD -17.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.84M USD -0.95%
Retained Earnings (Accumulated Deficit) 52.3M USD +3.9%
Stockholders' Equity Attributable to Parent 68.4M USD +5.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 71.9M USD +5.44%
Liabilities and Equity 87.3M USD +1.36%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.08M USD +53.6%
Net Cash Provided by (Used in) Financing Activities -2.02M USD -177%
Net Cash Provided by (Used in) Investing Activities -424K USD +6.54%
Common Stock, Shares Authorized 15M shares 0%
Common Stock, Shares, Issued 9.43M shares +0.65%
Common Stock, Par or Stated Value Per Share 0.02 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 688K USD -6.09%
Interest Paid, Excluding Capitalized Interest, Operating Activities 444K USD +55.7%
Deferred Tax Assets, Valuation Allowance 11.9M USD +2.94%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 12.8M USD +6.6%
Operating Lease, Liability 429K USD -23.1%
Depreciation 1.15M USD +15.5%
Payments to Acquire Property, Plant, and Equipment 391K USD -4.49%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4.25M USD +46.2%
Lessee, Operating Lease, Liability, to be Paid 455K USD -21.9%
Property, Plant and Equipment, Gross 25.3M USD +12.3%
Operating Lease, Liability, Current 171K USD -1.35%
Lessee, Operating Lease, Liability, to be Paid, Year Two 93.6K USD -55.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 341K USD -8.71%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +36.7%
Deferred Income Tax Expense (Benefit) -533K USD -351%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 26.3K USD +2.88%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.2K USD
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 1.88M USD -5.47%
Preferred Stock, Shares Authorized 10K shares 0%
Unrecognized Tax Benefits 361K USD +13.2%
Operating Lease, Payments 373K USD +37.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 26K USD -73.5%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 559K USD -8.26%
Deferred Tax Assets, Net of Valuation Allowance 848K USD +113%
Share-based Payment Arrangement, Expense 351K USD +6.5%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 444K USD +55.7%