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Northern Technologies International (Northern Technologies International) Liabilities-to-Assets : 0.18 (As of Feb. 2024)


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What is Northern Technologies International Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Northern Technologies International's Total Liabilities for the quarter that ended in Feb. 2024 was $15.36 Mil. Northern Technologies International's Total Assets for the quarter that ended in Feb. 2024 was $87.31 Mil. Therefore, Northern Technologies International's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.18.


Northern Technologies International Liabilities-to-Assets Historical Data

The historical data trend for Northern Technologies International's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northern Technologies International Liabilities-to-Assets Chart

Northern Technologies International Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.12 0.22 0.21

Northern Technologies International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.20 0.21 0.20 0.18

Competitive Comparison of Northern Technologies International's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Northern Technologies International's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Technologies International's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Liabilities-to-Assets falls into.



Northern Technologies International Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Northern Technologies International's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=18.646/89.344
=0.21

Northern Technologies International's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=15.359/87.307
=0.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northern Technologies International  (NAS:NTIC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Northern Technologies International Liabilities-to-Assets Related Terms

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Northern Technologies International (Northern Technologies International) Business Description

Traded in Other Exchanges
N/A
Address
4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
Executives
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Richard Nigon director CEDAR POINT CAPITAL, 150 SOUTH 5TH STREET, MINNEAPOLIS MN 55402
Sarah E. Kemp director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Pinho Cristina Lucia Duarte director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Falkenhausen Konstantin Von director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Barbara D. Colwell director 4201 WOODLAND ROAD, CIRCLE PINES MN 55014
G Patrick Lynch director 4201 WOODLAND ROAD, CIRCLE PINES MN 55014
Pierre Chenu director 118B AVENUE W CHURCHILL, PO BOX 15, BRUSSELS C9 1180
Mark J Stone director 689 5TH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Inter Alia Holding Co 10 percent owner
Juliane I Lynch 10 percent owner 23205 MERCANTILE ROAD, BEACHWOOD OH 44122
Koh Soo Keong director 4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Tilman Bernhard Frank director 4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Sunggyu Lee director 4912 MCKENNA CT, COLUMBIA MO 65203
Ramani Narayan director 4275 CONIFER CIRCLE, OKEMOS MI 48864

Northern Technologies International (Northern Technologies International) Headlines

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