Northern Technologies (NTIC) - Total Liabilities
Based on the latest financial reports, Northern Technologies (NTIC) has total liabilities worth $27.35 Million USD as of November 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Northern Technologies - Total Liabilities Trend (1991–2025)
This chart illustrates how Northern Technologies's total liabilities have evolved over time, based on quarterly financial data. See Northern Technologies current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Northern Technologies Competitors by Total Liabilities
The table below lists competitors of Northern Technologies ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Prime Electronics & Satellitics Inc
TW:6152
|
Taiwan | NT$1.58 Billion |
|
WORLDLINE S.A. UNSP.ADR
F:WO60
|
Germany | €9.10 Billion |
|
United Radiant Technology
TWO:5315
|
Taiwan | NT$429.31 Million |
|
Taekyung BK Co Ltd
KO:014580
|
Korea | ₩199.16 Billion |
|
Rich Sparkle Holdings Limited Ordinary Shares
NASDAQ:ANPA
|
USA | $2.85 Million |
|
JMC Electronics Co Ltd
TW:6552
|
Taiwan | NT$1.58 Billion |
|
ORIENTBIO Inc.
KO:002630
|
Korea | ₩12.64 Billion |
|
ActRO Co. Ltd
KQ:290740
|
Korea | ₩43.82 Billion |
Liability Composition Analysis (1991–2025)
This chart breaks down Northern Technologies's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see market cap of Northern Technologies.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.77 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.38 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Northern Technologies's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Northern Technologies (1991–2025)
The table below shows the annual total liabilities of Northern Technologies from 1991 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-08-31 | $26.03 Million | +33.49% |
| 2024-08-31 | $19.50 Million | +4.59% |
| 2023-08-31 | $18.65 Million | -1.61% |
| 2022-08-31 | $18.95 Million | +119.83% |
| 2021-08-31 | $8.62 Million | +35.33% |
| 2020-08-31 | $6.37 Million | -18.77% |
| 2019-08-31 | $7.84 Million | +1.44% |
| 2018-08-31 | $7.73 Million | +57.93% |
| 2017-08-31 | $4.89 Million | +22.55% |
| 2016-08-31 | $3.99 Million | +8.78% |
| 2015-08-31 | $3.67 Million | -17.79% |
| 2014-08-31 | $4.47 Million | -1.17% |
| 2013-08-31 | $4.52 Million | -8.39% |
| 2012-08-31 | $4.93 Million | -8.89% |
| 2011-08-31 | $5.41 Million | +62.67% |
| 2010-08-31 | $3.33 Million | -11.03% |
| 2009-08-31 | $3.74 Million | -27.71% |
| 2008-08-31 | $5.18 Million | +34.12% |
| 2007-08-31 | $3.86 Million | -26.22% |
| 2006-08-31 | $5.23 Million | +53.52% |
| 2005-08-31 | $3.41 Million | +72.56% |
| 2004-08-31 | $1.97 Million | +68.86% |
| 2003-08-31 | $1.17 Million | +37.32% |
| 2002-08-31 | $851.29K | +56.84% |
| 2001-08-31 | $542.78K | -46.29% |
| 2000-08-31 | $1.01 Million | +26.31% |
| 1999-08-31 | $800.00K | +100.00% |
| 1998-08-31 | $400.00K | -63.64% |
| 1997-08-31 | $1.10 Million | +10.00% |
| 1996-08-31 | $1.00 Million | +66.67% |
| 1995-08-31 | $600.00K | +20.00% |
| 1994-08-31 | $500.00K | +150.00% |
| 1993-08-31 | $200.00K | -33.33% |
| 1992-08-31 | $300.00K | -40.00% |
| 1991-08-31 | $500.00K | -- |
About 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