Northern Technologies Working Capital to Net Assets Ratio
Northern Technologies working capital to net assets ratio. Northern Technologies (NTIC) has a Working Capital to Net Assets ratio of 25.4% as of November 2025. Working capital of $19.44 Million (current assets of $44.62 Million minus current liabilities of $25.18 Million) is measured against net assets of $76.68 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Northern Technologies (1991–2025)
Working capital to net assets ratio of Northern Technologies from 1991 to 2025. This chart shows how Northern Technologies's Working Capital to Net Assets ratio has evolved across 35 annual periods from 1991 to 2025. As of November 2025, the ratio stands at 25.4%, reflecting working capital of $19.44 Million against net assets of $76.68 Million USD. Explore Northern Technologies long-term investment intensity to see how much of total assets are deployed in long-term investments.
Northern Technologies Working Capital to Net Assets Ratio by Year (1991–2025)
Northern Technologies working capital to net assets ratio by year from 1991 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Technologies from 1991 to 2025, covering 35 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Northern Technologies's balance sheet.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.6% | $20.44 Million | $76.71 Million | $44.34 Million | $23.90 Million | ▼ -4.9 pp |
| 2024 | 31.5% | $23.68 Million | $75.18 Million | $41.58 Million | $17.90 Million | ▼ -1.0 pp |
| 2023 | 32.5% | $22.95 Million | $70.70 Million | $39.67 Million | $16.72 Million | ▼ -2.0 pp |
| 2022 | 34.5% | $23.17 Million | $67.24 Million | $40.23 Million | $17.07 Million | ▼ -3.9 pp |
| 2021 | 38.4% | $25.23 Million | $65.75 Million | $33.75 Million | $8.52 Million | ▼ -7.0 pp |
| 2020 | 45.4% | $27.10 Million | $59.70 Million | $33.20 Million | $6.10 Million | ▲ +2.7 pp |
| 2019 | 42.7% | $25.46 Million | $59.67 Million | $33.30 Million | $7.84 Million | ▲ +1.8 pp |
| 2018 | 40.9% | $22.84 Million | $55.82 Million | $30.57 Million | $7.73 Million | ▼ 0.0 pp |
| 2017 | 40.9% | $21.17 Million | $51.72 Million | $26.07 Million | $4.89 Million | ▲ +4.9 pp |
| 2016 | 36.0% | $16.95 Million | $47.08 Million | $20.94 Million | $3.99 Million | ▲ +3.4 pp |
| 2015 | 32.6% | $15.60 Million | $47.89 Million | $19.28 Million | $3.67 Million | ▼ -3.4 pp |
| 2014 | 36.0% | $17.85 Million | $49.59 Million | $22.32 Million | $4.47 Million | ▲ +6.2 pp |
| 2013 | 29.8% | $13.27 Million | $44.53 Million | $16.93 Million | $3.66 Million | ▲ +2.6 pp |
| 2012 | 27.2% | $10.06 Million | $36.94 Million | $14.06 Million | $4.00 Million | ▲ +1.0 pp |
| 2011 | 26.2% | $9.09 Million | $34.63 Million | $13.49 Million | $4.40 Million | ▲ +5.0 pp |
| 2010 | 21.2% | $5.92 Million | $27.86 Million | $10.75 Million | $4.83 Million | ▲ +9.2 pp |
| 2009 | 12.0% | $2.73 Million | $22.74 Million | $6.47 Million | $3.74 Million | ▼ -6.9 pp |
| 2008 | 18.9% | $4.94 Million | $26.15 Million | $8.94 Million | $4.00 Million | ▲ +2.0 pp |
| 2007 | 16.9% | $3.79 Million | $22.44 Million | $6.44 Million | $2.65 Million | ▲ +4.6 pp |
| 2006 | 12.3% | $2.22 Million | $18.04 Million | $6.21 Million | $3.99 Million | ▼ -4.7 pp |
| 2005 | 17.0% | $2.70 Million | $15.89 Million | $6.10 Million | $3.41 Million | ▼ -6.7 pp |
| 2004 | 23.7% | $3.49 Million | $14.72 Million | $5.44 Million | $1.94 Million | ▼ -11.3 pp |
| 2003 | 35.1% | $4.76 Million | $13.58 Million | $5.90 Million | $1.14 Million | ▼ -12.6 pp |
| 2002 | 47.6% | $6.28 Million | $13.17 Million | $7.10 Million | $826.29K | ▲ +0.6 pp |
| 2001 | 47.0% | $5.58 Million | $11.87 Million | $6.10 Million | $517.78K | ▼ -3.2 pp |
| 2000 | 50.2% | $6.08 Million | $12.11 Million | $7.04 Million | $960.49K | ▼ -0.3 pp |
| 1999 | 50.5% | $5.40 Million | $10.70 Million | $6.10 Million | $700.00K | ▼ -1.2 pp |
| 1998 | 51.7% | $4.60 Million | $8.90 Million | $4.90 Million | $300.00K | ▼ -5.7 pp |
| 1997 | 57.4% | $5.80 Million | $10.10 Million | $6.80 Million | $1.00 Million | ▼ -6.4 pp |
| 1996 | 63.9% | $5.30 Million | $8.30 Million | $6.20 Million | $900.00K | ▼ -5.5 pp |
| 1995 | 69.4% | $4.30 Million | $6.20 Million | $4.80 Million | $500.00K | ▲ +2.0 pp |
| 1994 | 67.3% | $3.30 Million | $4.90 Million | $3.70 Million | $400.00K | ▼ -9.9 pp |
| 1993 | 77.3% | $3.40 Million | $4.40 Million | $3.60 Million | $200.00K | ▼ -2.1 pp |
| 1992 | 79.4% | $2.70 Million | $3.40 Million | $2.90 Million | $200.00K | ▼ -3.2 pp |
| 1991 | 82.6% | $1.90 Million | $2.30 Million | $2.20 Million | $300.00K | — |