Northern Technologies International Corporation (NTIC)

NTIC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 31, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	4.95	4.95	5.41	5.33	7.68	6.4
Short-Term Investments	-	-	-	0.01	0	5.54
Cash & Short-Term Investments	4.95	4.95	5.41	5.34	7.69	11.95
Cash Growth	-8.40%	-8.40%	1.25%	-30.52%	-35.68%	26.81%
Accounts Receivable	20.42	20.42	19.12	16.6	13.26	9.48
Other Receivables	0.39	0.39	0.33	-	0.39	0.02
Receivables	20.81	20.81	19.44	16.6	13.65	9.5
Inventory	14.39	14.39	13.1	16.34	11.11	10.96
Prepaid Expenses	1.42	1.42	1.73	1.95	1.3	0.8
Total Current Assets	41.58	41.58	39.67	40.23	33.75	33.2
Property, Plant & Equipment	16.69	16.69	14.49	12.73	12.2	7.77
Long-Term Investments	25.4	25.4	23.71	21.81	27.62	24.09
Goodwill	4.78	4.78	4.78	4.78	-	-
Other Intangible Assets	5.68	5.68	6.16	6.63	0.71	0.8
Long-Term Deferred Tax Assets	0.54	0.54	0.53	-	0.09	0.21
Total Assets	94.68	94.68	89.34	86.19	74.37	66.07
Accounts Payable	6.39	6.39	6.06	7.8	4.29	3.21
Accrued Expenses	3.74	3.74	3.47	2.96	3.77	2.2
Short-Term Debt	7.11	7.11	6.36	5.9	-	-
Current Portion of Leases	0.33	0.33	0.34	0.37	0.27	0.39
Current Income Taxes Payable	0.33	0.33	0.5	0.03	0.18	0.31
Total Current Liabilities	17.9	17.9	16.72	17.07	8.52	6.1
Long-Term Leases	0.1	0.1	0.09	0.18	0.1	0.27
Long-Term Deferred Tax Liabilities	1.5	1.5	1.84	1.7	-	-
Total Liabilities	19.5	19.5	18.65	18.95	8.62	6.37
Common Stock	0.19	0.19	0.19	0.18	0.18	0.18
Additional Paid-In Capital	23.62	23.62	21.99	19.94	18.74	17.42
Retained Earnings	53.77	53.77	51	50.72	46.97	42.47
Comprehensive Income & Other	-6.38	-6.38	-6.82	-7.25	-3.53	-3.41
Total Common Equity	71.19	71.19	66.36	63.6	62.37	56.66
Minority Interest	3.98	3.98	4.34	3.65	3.38	3.05
Shareholders' Equity	75.18	75.18	70.7	67.24	65.75	59.7
Total Liabilities & Equity	94.68	94.68	89.34	86.19	74.37	66.07
Total Debt	7.54	7.54	6.79	6.46	0.38	0.66
Net Cash (Debt)	-2.58	-2.58	-1.38	-1.12	7.31	11.29
Net Cash Growth	-	-	-	-	-35.26%	19.81%
Net Cash Per Share	-0.26	-0.26	-0.14	-0.12	0.74	1.24
Filing Date Shares Outstanding	9.47	9.47	9.43	9.37	9.19	9.1
Total Common Shares Outstanding	9.47	9.47	9.42	9.23	9.18	9.1
Working Capital	23.68	23.68	22.95	23.17	25.23	27.1
Book Value Per Share	7.52	7.52	7.04	6.89	6.79	6.23
Tangible Book Value	60.73	60.73	55.41	52.18	61.66	55.86
Tangible Book Value Per Share	6.41	6.41	5.88	5.65	6.71	6.14
Land	1.24	1.24	0.5	0.31	0.31	0.31
Buildings	14.76	14.76	16.43	14.78	13.15	8.17
Machinery	7.28	7.28	5.98	5.64	5.45	4.94
Construction In Progress	3.09	3.09	0.82	-	-	-
Order Backlog	5.84	5.84	5.34	5.86	4.19	3.59

Source: S&P Capital IQ. Standard template. Financial Sources.