Northern Technologies Capital Reinvestment Ratio
Northern Technologies capital reinvestment ratio. Northern Technologies (NTIC) has a Capital Reinvestment Ratio of 2.40x as of November 2025, meaning it reinvests 2% of its operating cash flow ($341.91K) in capital expenditures ($821.62K). See NTIC FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Northern Technologies (1993–2025)
Capital reinvestment ratio of Northern Technologies from 1993 to 2025. This chart tracks Northern Technologies's Capital Reinvestment Ratio across 22 annual periods. See NTIC FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
Northern Technologies Capital Reinvestment Ratio by Year (1993–2025)
Northern Technologies capital reinvestment ratio by year from 1993 to 2025. For the full cash flow conversion analysis, see NTIC cash flow metrics.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.62x | $2.44 Million | $3.95 Million | ▲ +178.3% |
| 2024 | 0.58x | $5.88 Million | $3.42 Million | ▼ -4.2% |
| 2023 | 0.61x | $5.54 Million | $3.36 Million | ▼ -59.2% |
| 2022 | 1.49x | $1.15 Million | $1.70 Million | ▼ -23.8% |
| 2021 | 1.95x | $2.89 Million | $5.64 Million | ▲ +1086.8% |
| 2020 | 0.16x | $4.91 Million | $807.41K | ▼ -16.2% |
| 2019 | 0.20x | $5.48 Million | $1.07 Million | ▼ -84.4% |
| 2018 | 1.26x | $608.69K | $766.98K | ▲ +566.2% |
| 2017 | 0.19x | $5.74 Million | $1.08 Million | ▼ -50.1% |
| 2016 | 0.38x | $2.06 Million | $778.82K | ▲ +54.0% |
| 2014 | 0.25x | $7.42 Million | $1.83 Million | ▼ -73.0% |
| 2013 | 0.91x | $1.91 Million | $1.74 Million | ▼ -74.6% |
| 2006 | 3.59x | $855.47K | $3.07 Million | ▲ +1890.2% |
| 2002 | 0.18x | $1.07 Million | $193.25K | ▲ +80.6% |
| 2001 | 0.10x | $1.13 Million | $113.26K | ▼ -13.5% |
| 2000 | 0.12x | $2.62 Million | $302.22K | ▼ -23.1% |
| 1999 | 0.15x | $2.00 Million | $300.00K | ▲ +200.0% |
| 1998 | 0.05x | $2.00 Million | $100.00K | ▼ -10.0% |
| 1997 | 0.06x | $1.80 Million | $100.00K | ▼ -86.5% |
| 1996 | 0.41x | $1.70 Million | $700.00K | ▲ +147.1% |
| 1994 | 0.17x | $1.20 Million | $200.00K | ▲ +83.3% |
| 1993 | 0.09x | $1.10 Million | $100.00K | — |