Northern Technologies International Corporation (NTIC)

NTIC Balance Sheet

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	7.25	4.95	5.41	5.33	7.68
Short-Term Investments	-	-	-	0.01	0
Cash & Short-Term Investments	7.25	4.95	5.41	5.34	7.69
Cash Growth	46.41%	-8.40%	1.25%	-30.52%	-35.68%
Accounts Receivable	19.52	20.42	19.12	16.6	13.26
Other Receivables	0.34	0.39	0.33	-	0.39
Receivables	19.86	20.81	19.44	16.6	13.65
Inventory	15.53	14.39	13.1	16.34	11.11
Prepaid Expenses	1.71	1.42	1.73	1.95	1.3
Total Current Assets	44.34	41.58	39.67	40.23	33.75
Property, Plant & Equipment	15.68	16.69	14.49	12.73	12.2
Long-Term Investments	28.61	25.4	23.71	21.81	27.62
Goodwill	4.78	4.78	4.78	4.78	-
Other Intangible Assets	8.83	5.68	6.16	6.63	0.71
Long-Term Deferred Tax Assets	0.5	0.54	0.53	-	0.09
Total Assets	102.75	94.68	89.34	86.19	74.37
Accounts Payable	8.04	6.39	6.06	7.8	4.29
Accrued Expenses	2.91	3.74	3.47	2.96	3.77
Short-Term Debt	9.33	4.29	6.36	5.9	-
Current Portion of Long-Term Debt	2.86	2.82	-	-	-
Current Portion of Leases	0.34	0.33	0.34	0.37	0.27
Current Income Taxes Payable	0.41	0.33	0.5	0.03	0.18
Total Current Liabilities	23.9	17.9	16.72	17.07	8.52
Long-Term Debt	0.47	-	-	-	-
Long-Term Leases	0.15	0.1	0.09	0.18	0.1
Long-Term Deferred Tax Liabilities	1.51	1.5	1.84	1.7	-
Total Liabilities	26.03	19.5	18.65	18.95	8.62
Common Stock	0.19	0.19	0.19	0.18	0.18
Additional Paid-In Capital	25.06	23.62	21.99	19.94	18.74
Retained Earnings	52.27	53.77	51	50.72	46.97
Comprehensive Income & Other	-5.37	-6.38	-6.82	-7.25	-3.53
Total Common Equity	72.15	71.19	66.36	63.6	62.37
Minority Interest	4.56	3.98	4.34	3.65	3.38
Shareholders' Equity	76.71	75.18	70.7	67.24	65.75
Total Liabilities & Equity	102.75	94.68	89.34	86.19	74.37
Total Debt	13.15	7.54	6.79	6.46	0.38
Net Cash (Debt)	-5.9	-2.58	-1.38	-1.12	7.31
Net Cash Growth	-	-	-	-	-35.26%
Net Cash Per Share	-0.61	-0.26	-0.14	-0.12	0.74
Filing Date Shares Outstanding	9.48	9.47	9.43	9.37	9.19
Total Common Shares Outstanding	9.48	9.47	9.42	9.23	9.18
Working Capital	20.44	23.68	22.95	23.17	25.23
Book Value Per Share	7.61	7.52	7.04	6.89	6.79
Tangible Book Value	58.54	60.73	55.41	52.18	61.66
Tangible Book Value Per Share	6.18	6.41	5.88	5.65	6.71
Land	1.26	1.24	0.5	0.31	0.31
Buildings	14.65	14.76	16.43	14.78	13.15
Machinery	9.15	7.28	5.98	5.64	5.45
Construction In Progress	0.82	3.09	0.82	-	-
Order Backlog	4.18	5.84	5.34	5.86	4.19

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q