Northern Technologies (NTIC) — Capital Reinvestment Ratio
Latest as of November 2025:
2.40x
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
2.40x
Capex / Operating Cash Flow
Operating Cash Flow
$341.91K
USD
Capital Expenditures
$821.62K
USD
Data as of
Nov 2025
Most recent filing
Northern Technologies Capital Reinvestment Ratio (1993–2025)
This chart tracks Northern Technologies's Capital Reinvestment Ratio across 22 annual periods.
Annual Capital Reinvestment Ratio for Northern Technologies (1993–2025)
Year-by-year Capital Reinvestment Ratio for Northern Technologies from 1993 to 2025. For live market cap and broader valuation context, see NTIC stock market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow