Northern Technologies - Asset Resilience Ratio
Northern Technologies (NTIC) has an Asset Resilience Ratio of 0.00% as of August 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2022)
This chart shows how Northern Technologies's Asset Resilience Ratio has changed over time. Check how strategically is Northern Technologies's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Northern Technologies's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see NTIC stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Northern Technologies maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Northern Technologies Industry Peers by Asset Resilience Ratio
Compare Northern Technologies's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256 |
Specialty Chemicals | 1.23% |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648 |
Specialty Chemicals | 0.27% |
|
BRENNTAG SE UNSP.ADR/020
F:BNRA |
Specialty Chemicals | 0.11% |
|
Novoray Corporation
SHG:688300 |
Specialty Chemicals | 9.73% |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409 |
Specialty Chemicals | 3.69% |
|
Dalian Bio-Chem Co Ltd
SHG:603360 |
Specialty Chemicals | 1.45% |
|
Shandong Link Science and Technology Co Ltd
SHE:001207 |
Specialty Chemicals | 18.99% |
|
New East New Materials Co Ltd
SHG:603110 |
Specialty Chemicals | 6.08% |
Annual Asset Resilience Ratio for Northern Technologies (2002–2022)
The table below shows the annual Asset Resilience Ratio data for Northern Technologies.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-08-31 | 0.01% | $5.59K | $86.19 Million | +0.00pp |
| 2021-08-31 | 0.01% | $4.63K | $74.37 Million | -8.39pp |
| 2020-08-31 | 8.39% | $5.54 Million | $66.07 Million | +3.11pp |
| 2019-08-31 | 5.28% | $3.57 Million | $67.51 Million | +0.09pp |
| 2018-08-31 | 5.19% | $3.30 Million | $63.55 Million | -1.46pp |
| 2017-08-31 | 6.65% | $3.77 Million | $56.61 Million | +2.26pp |
| 2016-08-31 | 4.39% | $2.24 Million | $51.07 Million | +0.46pp |
| 2015-08-31 | 3.93% | $2.03 Million | $51.57 Million | -6.28pp |
| 2014-08-31 | 10.21% | $5.52 Million | $54.06 Million | -- |
| 2013-08-31 | 0.00% | $0.00 | $49.05 Million | -- |
| 2012-08-31 | 0.00% | $0.00 | $41.88 Million | -- |
| 2003-08-31 | 11.15% | $1.64 Million | $14.75 Million | -17.43pp |
| 2002-08-31 | 28.58% | $4.01 Million | $14.03 Million | -- |
About Northern Technologies
Northern Technologies International Corporation, together with its subsidiaries, develops and markets rust and corrosion inhibiting products in China, Brazil, India, the United States, and internationally. It operates through ZERUST and Natur-Tec segments. The company offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, di… Read more