NORTHERN TECHNOLOGIES INTERNATIONAL CORP Annual Return On Assets in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Northern Technologies International Corp quarterly/annual Return On Assets history and growth rate from 2012 to 2023.
  • Northern Technologies International Corp Return On Assets for the quarter ending May 31, 2024 was 5.09 %, a 66.3% increase year-over-year.
  • Northern Technologies International Corp annual Return On Assets for 2023 was 3.37 %, a 54.8% decline from 2022.
  • Northern Technologies International Corp annual Return On Assets for 2022 was 7.45 %, a 14.8% decline from 2021.
  • Northern Technologies International Corp annual Return On Assets for 2021 was 8.74 %.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.37 -4.08 -54.8% Sep 1, 2022 Aug 31, 2023
2022 7.45 -1.29 -14.8% Sep 1, 2021 Aug 31, 2022
2021 8.74 +10.8 Sep 1, 2020 Aug 31, 2021
2020 -2.01 -9.96 -125% Sep 1, 2019 Aug 31, 2020
2019 7.95 -3.05 -27.7% Sep 1, 2018 Aug 31, 2019
2018 11 +4.57 +71% Sep 1, 2017 Aug 31, 2018
2017 6.44 +8.14 Sep 1, 2016 Aug 31, 2017
2016 -1.7 -5.16 -149% Sep 1, 2015 Aug 31, 2016
2015 3.46 -4.4 -55.9% Sep 1, 2014 Aug 31, 2015
2014 7.86 +0.71 +9.92% Sep 1, 2013 Aug 31, 2014
2013 7.16 -1.4 -16.4% Sep 1, 2012 Aug 31, 2013
2012 8.56 Sep 1, 2011 Aug 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.