Northern Technologies (NTIC) — 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). Check NTIC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Northern Technologies Capital Reinvestment Ratio (1993–2025)
This chart tracks Northern Technologies's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see Northern Technologies operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Northern Technologies (1993–2025)
Year-by-year Capital Reinvestment Ratio for Northern Technologies from 1993 to 2025. See Northern Technologies (NTIC) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |