Northern Technologies (NTIC) — Cash Flow-to-Debt Ratio
Northern Technologies (NTIC) has a Cash Flow-to-Debt Ratio of 0.01x as of November 2025, meaning its operating cash flow of $341.91K could theoretically repay 0% of its total liabilities ($27.35 Million) in one year. See how financially flexible is Northern Technologies to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Northern Technologies Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for Northern Technologies across 35 annual periods. For the full cash flow conversion analysis, see Northern Technologies operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Northern Technologies (1991–2025)
Year-by-year debt coverage analysis for Northern Technologies. Check Northern Technologies cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | $2.44 Million | $26.03 Million | ▼ -68.9% |
| 2024 | 0.30x | $5.88 Million | $19.50 Million | ▲ +1.5% |
| 2023 | 0.30x | $5.54 Million | $18.65 Million | ▲ +391.4% |
| 2022 | 0.06x | $1.15 Million | $18.95 Million | ▼ -82.0% |
| 2021 | 0.34x | $2.89 Million | $8.62 Million | ▼ -56.5% |
| 2020 | 0.77x | $4.91 Million | $6.37 Million | ▲ +10.4% |
| 2019 | 0.70x | $5.48 Million | $7.84 Million | ▲ +787.0% |
| 2018 | 0.08x | $608.69K | $7.73 Million | ▼ -93.3% |
| 2017 | 1.17x | $5.74 Million | $4.89 Million | ▲ +127.7% |
| 2016 | 0.51x | $2.06 Million | $3.99 Million | ▲ +350.1% |
| 2015 | -0.21x | $-755.54K | $3.67 Million | ▼ -112.4% |
| 2014 | 1.66x | $7.42 Million | $4.47 Million | ▲ +293.1% |
| 2013 | 0.42x | $1.91 Million | $4.52 Million | ▲ +636.6% |
| 2012 | -0.08x | $-388.69K | $4.93 Million | ▲ +62.5% |
| 2011 | -0.21x | $-1.14 Million | $5.41 Million | ▲ +40.6% |
| 2010 | -0.35x | $-1.18 Million | $3.33 Million | ▲ +24.1% |
| 2009 | -0.47x | $-1.74 Million | $3.74 Million | ▲ +14.9% |
| 2008 | -0.55x | $-2.83 Million | $5.18 Million | ▼ -194.5% |
| 2007 | -0.19x | $-717.36K | $3.86 Million | ▼ -213.7% |
| 2006 | 0.16x | $855.47K | $5.23 Million | ▲ +140.9% |
| 2005 | -0.40x | $-1.36 Million | $3.41 Million | ▼ -43.3% |
| 2004 | -0.28x | $-551.45K | $1.97 Million | ▲ +75.8% |
| 2003 | -1.15x | $-1.35 Million | $1.17 Million | ▼ -191.6% |
| 2002 | 1.26x | $1.07 Million | $851.29K | ▼ -39.8% |
| 2001 | 2.09x | $1.13 Million | $542.78K | ▼ -19.4% |
| 2000 | 2.59x | $2.62 Million | $1.01 Million | ▲ +3.7% |
| 1999 | 2.50x | $2.00 Million | $800.00K | ▼ -50.0% |
| 1998 | 5.00x | $2.00 Million | $400.00K | ▲ +205.6% |
| 1997 | 1.64x | $1.80 Million | $1.10 Million | ▼ -3.7% |
| 1996 | 1.70x | $1.70 Million | $1.00 Million | ▼ -32.0% |
| 1995 | 2.50x | $1.50 Million | $600.00K | ▲ +4.2% |
| 1994 | 2.40x | $1.20 Million | $500.00K | ▼ -56.4% |
| 1993 | 5.50x | $1.10 Million | $200.00K | ▲ +65.0% |
| 1992 | 3.33x | $1.00 Million | $300.00K | ▲ +108.3% |
| 1991 | 1.60x | $800.00K | $500.00K | — |