Northern Technologies (NTIC) — Cash Flow Quality Index
Northern Technologies (NTIC) has a Cash Flow Quality Index of 0.68x as of November 2025. Operating cash flow of $341.91K is below net income of $505.88K, suggesting accrual-heavy earnings not yet converted to cash. Explore Northern Technologies cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Northern Technologies Cash Flow Quality Index (1991–2025)
Historical Cash Flow Quality Index for Northern Technologies across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Northern Technologies (NTIC) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Northern Technologies (1991–2025)
Year-by-year earnings quality comparison for Northern Technologies. For live market cap and the full company financial profile, see market value of Northern Technologies.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.48x | $2.44 Million | $986.39K | ▲ +166.1% |
| 2024 | 0.93x | $5.88 Million | $6.32 Million | ▼ -28.8% |
| 2023 | 1.31x | $5.54 Million | $4.24 Million | ▲ +719.9% |
| 2022 | 0.16x | $1.15 Million | $7.19 Million | ▼ -61.4% |
| 2021 | 0.41x | $2.89 Million | $7.00 Million | ▼ -56.1% |
| 2019 | 0.94x | $5.48 Million | $5.82 Million | ▲ +1017.5% |
| 2018 | 0.08x | $608.69K | $7.22 Million | ▼ -94.2% |
| 2017 | 1.46x | $5.74 Million | $3.92 Million | ▲ +586.9% |
| 2015 | -0.30x | $-755.54K | $2.52 Million | ▼ -122.4% |
| 2014 | 1.34x | $7.42 Million | $5.54 Million | ▲ +233.4% |
| 2013 | 0.40x | $1.91 Million | $4.75 Million | ▲ +469.8% |
| 2012 | -0.11x | $-388.69K | $3.58 Million | ▲ +61.8% |
| 2011 | -0.28x | $-1.14 Million | $4.00 Million | ▲ +36.9% |
| 2010 | -0.45x | $-1.18 Million | $2.61 Million | ▲ +59.4% |
| 2008 | -1.11x | $-2.83 Million | $2.55 Million | ▼ -398.5% |
| 2007 | -0.22x | $-717.36K | $3.22 Million | ▼ -144.7% |
| 2006 | 0.50x | $855.47K | $1.72 Million | ▲ +143.6% |
| 2005 | -1.14x | $-1.36 Million | $1.19 Million | ▼ -114.7% |
| 2004 | -0.53x | $-551.45K | $1.04 Million | ▲ +80.0% |
| 2003 | -2.65x | $-1.35 Million | $507.73K | ▼ -403.9% |
| 2002 | 0.87x | $1.07 Million | $1.23 Million | ▼ -11.3% |
| 2001 | 0.98x | $1.13 Million | $1.15 Million | ▼ -1.1% |
| 2000 | 1.00x | $2.62 Million | $2.63 Million | ▲ +24.5% |
| 1999 | 0.80x | $2.00 Million | $2.50 Million | ▲ +4.0% |
| 1998 | 0.77x | $2.00 Million | $2.60 Million | ▲ +11.1% |
| 1997 | 0.69x | $1.80 Million | $2.60 Million | ▼ -14.5% |
| 1996 | 0.81x | $1.70 Million | $2.10 Million | ▼ -2.9% |
| 1995 | 0.83x | $1.50 Million | $1.80 Million | ▼ -9.7% |
| 1994 | 0.92x | $1.20 Million | $1.30 Million | ▲ +0.7% |
| 1993 | 0.92x | $1.10 Million | $1.20 Million | ▲ +0.8% |
| 1992 | 0.91x | $1.00 Million | $1.10 Million | ▼ -9.1% |
| 1991 | 1.00x | $800.00K | $800.00K | — |