Northern Technologies Asset Resilience Ratio
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. See operational self-sufficiency of Northern Technologies to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Northern Technologies (2002–2022)
Asset resilience ratio of Northern Technologies from 2002 to 2022. This chart shows how Northern Technologies's Asset Resilience Ratio has changed over time. Read NTIC current and long-term liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Northern Technologies balance sheet assets.
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 |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA |
Specialty Chemicals | 2.16% |
|
MITSU.CH.GRP ADR/5
F:M3C0 |
Specialty Chemicals | 1.61% |
|
LB Group Co Ltd
SHE:002601 |
Specialty Chemicals | 4.81% |
|
Hubei Feilihua Quartz Glass Co Ltd
SHE:300395 |
Specialty Chemicals | 6.18% |
|
Beijing Oriental Yuhong Waterproof Technology Co Ltd
SHE:002271 |
Specialty Chemicals | 1.24% |
|
Luxi Chemical Group Co Ltd
SHE:000830 |
Specialty Chemicals | 0.43% |
|
5N Plus Inc.
TO:VNP |
Specialty Chemicals | 12.56% |
|
Zhejiang Runtu Co Ltd
SHE:002440 |
Specialty Chemicals | 3.05% |
Northern Technologies Asset Resilience Ratio by Year (2002–2022)
Northern Technologies asset resilience ratio by year from 2002 to 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