Northern Technologies (NTIC) — Tangible Net Worth Ratio
Northern Technologies (NTIC) has a Tangible Net Worth Ratio of 88.8% as of November 2025. This metric is calculated by deducting intangible assets ($8.59 Million) from net assets ($76.68 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See NTIC net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northern Technologies Tangible Net Worth Ratio (1991–2025)
This chart shows how Northern Technologies's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of November 2025, the ratio stands at 88.8%, reflecting net assets of $76.68 Million with intangible assets of $8.59 Million USD. Also explore Northern Technologies (NTIC) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Northern Technologies (1991–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Northern Technologies from 1991 to 2025, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Northern Technologies worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 88.5% | $76.71 Million | $8.83 Million | $102.75 Million | ▼ -3.9 pp |
| 2024 | 92.4% | $75.18 Million | $5.68 Million | $94.68 Million | ▲ +1.2 pp |
| 2023 | 91.3% | $70.70 Million | $6.16 Million | $89.34 Million | ▲ +1.2 pp |
| 2022 | 90.1% | $67.24 Million | $6.63 Million | $86.19 Million | ▼ -8.8 pp |
| 2021 | 98.9% | $65.75 Million | $709.57K | $74.37 Million | ▲ +0.3 pp |
| 2020 | 98.7% | $59.70 Million | $802.01K | $66.07 Million | ▲ +0.3 pp |
| 2019 | 98.3% | $59.67 Million | $1.01 Million | $67.51 Million | ▲ +0.4 pp |
| 2018 | 97.9% | $55.82 Million | $1.16 Million | $63.55 Million | ▲ +0.5 pp |
| 2017 | 97.4% | $51.72 Million | $1.32 Million | $56.61 Million | ▲ +0.2 pp |
| 2016 | 97.3% | $47.08 Million | $1.28 Million | $51.07 Million | ▼ -0.1 pp |
| 2015 | 97.4% | $47.89 Million | $1.26 Million | $51.57 Million | ▼ -0.2 pp |
| 2014 | 97.6% | $49.59 Million | $1.20 Million | $54.06 Million | ▼ 0.0 pp |
| 2013 | 97.6% | $44.53 Million | $1.06 Million | $49.05 Million | ▲ +0.2 pp |
| 2012 | 97.4% | $36.94 Million | $961.18K | $41.88 Million | ▲ +0.0 pp |
| 2011 | 97.4% | $34.63 Million | $903.04K | $40.04 Million | ▲ +14.4 pp |
| 2010 | 83.0% | $27.86 Million | $4.74 Million | $31.19 Million | ▼ -13.1 pp |
| 2009 | 96.1% | $22.74 Million | $888.07K | $26.48 Million | ▼ 0.0 pp |
| 2008 | 96.1% | $26.15 Million | $1.02 Million | $31.33 Million | ▲ +0.5 pp |
| 2007 | 95.6% | $22.44 Million | $983.21K | $26.30 Million | ▲ +1.1 pp |
| 2006 | 94.5% | $18.04 Million | $996.59K | $23.27 Million | ▲ +1.1 pp |
| 2005 | 93.3% | $15.89 Million | $1.06 Million | $19.30 Million | ▼ -2.7 pp |
| 2004 | 96.0% | $14.72 Million | $588.63K | $16.70 Million | ▼ -1.7 pp |
| 2003 | 97.7% | $13.58 Million | $317.17K | $14.75 Million | ▼ -2.3 pp |
| 2002 | 100.0% | $13.17 Million | $0.00 | $14.03 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $11.87 Million | $0.00 | $12.41 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $12.11 Million | $0.00 | $13.12 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $10.70 Million | $0.00 | $11.50 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $8.90 Million | $0.00 | $9.30 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $10.10 Million | $0.00 | $11.20 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $8.30 Million | $0.00 | $9.30 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $6.20 Million | $0.00 | $6.80 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $4.90 Million | $0.00 | $5.40 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $4.40 Million | $0.00 | $4.60 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $3.40 Million | $0.00 | $3.70 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $2.30 Million | $0.00 | $2.80 Million | — |