Northern Technologies
Northern Technologies International Corporation, together with its subsidiaries, develops and markets rust and corrosion inhibiting products in China, Brazil, India, the United States, and internationally. It operates through ZERUST and Natur-Tec segments. The company offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, di… Read more
Northern Technologies (NTIC) - Total Assets
Latest total assets as of November 2025: $104.03 Million USD
Based on the latest financial reports, Northern Technologies (NTIC) holds total assets worth $104.03 Million USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Northern Technologies - Total Assets Trend (1991–2025)
This chart illustrates how Northern Technologies’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Northern Technologies - Asset Composition Analysis
Current Asset Composition (August 2025)
Northern Technologies's total assets of $104.03 Million consist of 43.2% current assets and 56.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.1% |
| Accounts Receivable | $19.86 Million | 19.3% |
| Inventory | $15.53 Million | 15.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.83 Million | 8.6% |
| Goodwill | $4.78 Million | 4.7% |
Asset Composition Trend (1991–2025)
This chart illustrates how Northern Technologies's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Northern Technologies's current assets represent 43.2% of total assets in 2025, a decrease from 78.6% in 1991.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2025, down from 32.1% in 1991.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 1991.
- Asset Diversification: The largest asset category is accounts receivable at 19.3% of total assets.
Northern Technologies Competitors by Total Assets
Key competitors of Northern Technologies based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
Northern Technologies - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Northern Technologies generates 0.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Northern Technologies generates $ 0.02 in net profit.
Northern Technologies - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.77 | 2.22 | 4.66 |
| Quick Ratio | 1.13 | 1.43 | 3.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $19.44 Million | $ 22.18 Million | $ 29.47 Million |
Northern Technologies - Advanced Valuation Insights
This section examines the relationship between Northern Technologies's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.13 |
| Latest Market Cap to Assets Ratio | 0.61 |
| Asset Growth Rate (YoY) | 8.5% |
| Total Assets | $102.75 Million |
| Market Capitalization | $62.58 Million USD |
Valuation Analysis
Below Book Valuation: The market values Northern Technologies's assets below their book value (0.61 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Northern Technologies's assets grew by 8.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Northern Technologies (1991–2025)
The table below shows the annual total assets of Northern Technologies from 1991 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $102.75 Million | +8.52% |
| 2024-08-31 | $94.68 Million | +5.97% |
| 2023-08-31 | $89.34 Million | +3.65% |
| 2022-08-31 | $86.19 Million | +15.90% |
| 2021-08-31 | $74.37 Million | +12.56% |
| 2020-08-31 | $66.07 Million | -2.13% |
| 2019-08-31 | $67.51 Million | +6.23% |
| 2018-08-31 | $63.55 Million | +12.25% |
| 2017-08-31 | $56.61 Million | +10.85% |
| 2016-08-31 | $51.07 Million | -0.96% |
| 2015-08-31 | $51.57 Million | -4.61% |
| 2014-08-31 | $54.06 Million | +10.20% |
| 2013-08-31 | $49.05 Million | +17.14% |
| 2012-08-31 | $41.88 Million | +4.59% |
| 2011-08-31 | $40.04 Million | +28.37% |
| 2010-08-31 | $31.19 Million | +17.78% |
| 2009-08-31 | $26.48 Million | -15.47% |
| 2008-08-31 | $31.33 Million | +19.14% |
| 2007-08-31 | $26.30 Million | +13.00% |
| 2006-08-31 | $23.27 Million | +20.59% |
| 2005-08-31 | $19.30 Million | +15.58% |
| 2004-08-31 | $16.70 Million | +13.22% |
| 2003-08-31 | $14.75 Million | +5.14% |
| 2002-08-31 | $14.03 Million | +13.04% |
| 2001-08-31 | $12.41 Million | -5.42% |
| 2000-08-31 | $13.12 Million | +14.07% |
| 1999-08-31 | $11.50 Million | +23.66% |
| 1998-08-31 | $9.30 Million | -16.96% |
| 1997-08-31 | $11.20 Million | +20.43% |
| 1996-08-31 | $9.30 Million | +36.76% |
| 1995-08-31 | $6.80 Million | +25.93% |
| 1994-08-31 | $5.40 Million | +17.39% |
| 1993-08-31 | $4.60 Million | +24.32% |
| 1992-08-31 | $3.70 Million | +32.14% |
| 1991-08-31 | $2.80 Million | -- |