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. Read NTIC current and long-term liabilities for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see market cap of Northern Technologies.
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. Check asset allocation strategy of Northern Technologies to assess the company's strategic physical and investment asset allocation.
| 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 | — |