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Northern Technologies International (Northern Technologies International) Net Cash per Share : $-1.50 (As of Feb. 2024)


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What is Northern Technologies International Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Northern Technologies International's Net Cash per Share for the quarter that ended in Feb. 2024 was $-1.50.

The historical rank and industry rank for Northern Technologies International's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Northern Technologies International was 135.08. The lowest was 25.55. And the median was 45.99.

NTIC's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

Northern Technologies International Net Cash per Share Historical Data

The historical data trend for Northern Technologies International's Net Cash per Share 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 Net Cash per Share Chart

Northern Technologies International Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 0.28 -0.47 -1.87 -1.87

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
Net Cash per Share 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 -1.71 -1.57 -1.87 -1.64 -1.50

Competitive Comparison of Northern Technologies International's Net Cash per Share

For the Specialty Chemicals subindustry, Northern Technologies International's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Chemicals Industry

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

* The bar in red indicates where Northern Technologies International's Price-to-Net-Cash falls into.



Northern Technologies International Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Northern Technologies International's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.406-18.646-4.343)/9.4241
=-1.87

Northern Technologies International's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(4.835-15.359-3.595)/9.4276
=-1.50

* 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) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Northern Technologies International Net Cash per Share 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

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