Northern Technologies (NTIC) — Net Asset Quality Index
Northern Technologies (NTIC) has a Net Asset Quality Index of 73.7% as of November 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $104.03 Million minus total liabilities of $27.35 Million yields net assets of $76.68 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check NTIC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Northern Technologies Net Asset Quality Index Over Time (1991–2025)
This chart shows how Northern Technologies's Net Asset Quality Index has evolved across 35 annual periods from 1991 to 2025. As of November 2025, the index stands at 73.7%, representing net assets of $76.68 Million against total assets of $104.03 Million USD. See NTIC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Northern Technologies (1991–2025)
The table below presents the year-by-year Net Asset Quality Index for Northern Technologies from 1991 to 2025, covering 35 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Northern Technologies.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.7% | $76.71 Million | $102.75 Million | $26.03 Million | ▼ -4.7 pp |
| 2024 | 79.4% | $75.18 Million | $94.68 Million | $19.50 Million | ▲ +0.3 pp |
| 2023 | 79.1% | $70.70 Million | $89.34 Million | $18.65 Million | ▲ +1.1 pp |
| 2022 | 78.0% | $67.24 Million | $86.19 Million | $18.95 Million | ▼ -10.4 pp |
| 2021 | 88.4% | $65.75 Million | $74.37 Million | $8.62 Million | ▼ -2.0 pp |
| 2020 | 90.4% | $59.70 Million | $66.07 Million | $6.37 Million | ▲ +2.0 pp |
| 2019 | 88.4% | $59.67 Million | $67.51 Million | $7.84 Million | ▲ +0.5 pp |
| 2018 | 87.8% | $55.82 Million | $63.55 Million | $7.73 Million | ▼ -3.5 pp |
| 2017 | 91.4% | $51.72 Million | $56.61 Million | $4.89 Million | ▼ -0.8 pp |
| 2016 | 92.2% | $47.08 Million | $51.07 Million | $3.99 Million | ▼ -0.7 pp |
| 2015 | 92.9% | $47.89 Million | $51.57 Million | $3.67 Million | ▲ +1.1 pp |
| 2014 | 91.7% | $49.59 Million | $54.06 Million | $4.47 Million | ▲ +1.0 pp |
| 2013 | 90.8% | $44.53 Million | $49.05 Million | $4.52 Million | ▲ +2.6 pp |
| 2012 | 88.2% | $36.94 Million | $41.88 Million | $4.93 Million | ▲ +1.7 pp |
| 2011 | 86.5% | $34.63 Million | $40.04 Million | $5.41 Million | ▼ -2.9 pp |
| 2010 | 89.3% | $27.86 Million | $31.19 Million | $3.33 Million | ▲ +3.5 pp |
| 2009 | 85.9% | $22.74 Million | $26.48 Million | $3.74 Million | ▲ +2.4 pp |
| 2008 | 83.5% | $26.15 Million | $31.33 Million | $5.18 Million | ▼ -1.8 pp |
| 2007 | 85.3% | $22.44 Million | $26.30 Million | $3.86 Million | ▲ +7.8 pp |
| 2006 | 77.5% | $18.04 Million | $23.27 Million | $5.23 Million | ▼ -4.8 pp |
| 2005 | 82.3% | $15.89 Million | $19.30 Million | $3.41 Million | ▼ -5.8 pp |
| 2004 | 88.2% | $14.72 Million | $16.70 Million | $1.97 Million | ▼ -3.9 pp |
| 2003 | 92.1% | $13.58 Million | $14.75 Million | $1.17 Million | ▼ -1.9 pp |
| 2002 | 93.9% | $13.17 Million | $14.03 Million | $851.29K | ▼ -1.7 pp |
| 2001 | 95.6% | $11.87 Million | $12.41 Million | $542.78K | ▲ +3.3 pp |
| 2000 | 92.3% | $12.11 Million | $13.12 Million | $1.01 Million | ▼ -0.7 pp |
| 1999 | 93.0% | $10.70 Million | $11.50 Million | $800.00K | ▼ -2.7 pp |
| 1998 | 95.7% | $8.90 Million | $9.30 Million | $400.00K | ▲ +5.5 pp |
| 1997 | 90.2% | $10.10 Million | $11.20 Million | $1.10 Million | ▲ +0.9 pp |
| 1996 | 89.2% | $8.30 Million | $9.30 Million | $1.00 Million | ▼ -1.9 pp |
| 1995 | 91.2% | $6.20 Million | $6.80 Million | $600.00K | ▲ +0.4 pp |
| 1994 | 90.7% | $4.90 Million | $5.40 Million | $500.00K | ▼ -4.9 pp |
| 1993 | 95.7% | $4.40 Million | $4.60 Million | $200.00K | ▲ +3.8 pp |
| 1992 | 91.9% | $3.40 Million | $3.70 Million | $300.00K | ▲ +9.7 pp |
| 1991 | 82.1% | $2.30 Million | $2.80 Million | $500.00K | — |