Northern Technologies - Asset Resilience Ratio

Latest as of August 2023: 0.00%

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 Northern Technologies (NTIC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$0.00
Cash + Short-term Investments

Total Assets

$89.34 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2022)

This chart shows how Northern Technologies's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Northern Technologies.

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. Explore NTIC strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

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 SPONS.ADRS 1/3
F:AKUP
Specialty Chemicals 1.69%
Zhejiang Longsheng Group Co Ltd
SHG:600352
Specialty Chemicals 0.80%
LB Group Co Ltd
SHE:002601
Specialty Chemicals 4.81%
Shandong Dongyue Organosilicon Mat
SHE:300821
Specialty Chemicals 0.00%
Qingdao Gon Technology Co Ltd
SHE:002768
Specialty Chemicals 0.01%
Lianhe Chemical Technology Co Ltd
SHE:002250
Specialty Chemicals 0.44%
Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359
Specialty Chemicals 2.57%
Rianlon Corp
SHE:300596
Specialty Chemicals 0.46%

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 --
pp = percentage points

About Northern Technologies

NASDAQ:NTIC USA Specialty Chemicals
Market Cap
$75.08 Million
Market Cap Rank
#20419 Global
#4650 in USA
Share Price
$7.91
Change (1 day)
+2.46%
52-Week Range
$7.35 - $9.89
All Time High
$19.29
About

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