Northern Technologies International Corporation (NTIC)

NTIC Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	7.28	7.25	4.95	5.41	5.33	7.68
Short-Term Investments	-	-	-	-	0.01	0
Cash & Short-Term Investments	7.28	7.25	4.95	5.41	5.34	7.69
Cash Growth	7.42%	46.41%	-8.40%	1.25%	-30.52%	-35.68%
Accounts Receivable	19.78	19.52	20.42	19.12	16.6	13.26
Other Receivables	1	0.34	0.39	0.33	-	0.39
Receivables	20.78	19.86	20.81	19.44	16.6	13.65
Inventory	15.84	15.53	14.39	13.1	16.34	11.11
Prepaid Expenses	3.01	1.71	1.42	1.73	1.95	1.3
Total Current Assets	47.77	44.34	41.58	39.67	40.23	33.75
Property, Plant & Equipment	15.45	15.68	16.69	14.49	12.73	12.2
Long-Term Investments	30.36	28.61	25.4	23.71	21.81	27.62
Goodwill	4.78	4.78	4.78	4.78	4.78	-
Other Intangible Assets	8.31	8.83	5.68	6.16	6.63	0.71
Long-Term Deferred Tax Assets	0.45	0.5	0.54	0.53	-	0.09
Total Assets	107.13	102.75	94.68	89.34	86.19	74.37

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Accounts Payable	9.35	8.04	6.39	6.06	7.8	4.29
Accrued Expenses	2.78	2.91	3.74	3.47	2.96	3.77
Short-Term Debt	11.76	9.33	4.29	6.36	5.9	-
Current Portion of Long-Term Debt	3.01	2.86	2.82	-	-	-
Current Portion of Leases	0.43	0.34	0.33	0.34	0.37	0.27
Current Income Taxes Payable	0.45	0.41	0.33	0.5	0.03	0.18
Total Current Liabilities	27.78	23.9	17.9	16.72	17.07	8.52
Long-Term Debt	0.39	0.47	-	-	-	-
Long-Term Leases	0.16	0.15	0.1	0.09	0.18	0.1
Long-Term Deferred Tax Liabilities	1.51	1.51	1.5	1.84	1.7	-
Total Liabilities	29.84	26.03	19.5	18.65	18.95	8.62

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Common Stock	0.19	0.19	0.19	0.19	0.18	0.18
Additional Paid-In Capital	26.05	25.06	23.62	21.99	19.94	18.74
Retained Earnings	52.02	52.27	53.77	51	50.72	46.97
Comprehensive Income & Other	-5.43	-5.37	-6.38	-6.82	-7.25	-3.53
Total Common Equity	72.82	72.15	71.19	66.36	63.6	62.37
Minority Interest	4.46	4.56	3.98	4.34	3.65	3.38
Shareholders' Equity	77.28	76.71	75.18	70.7	67.24	65.75
Total Liabilities & Equity	107.13	102.75	94.68	89.34	86.19	74.37

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Total Debt	15.75	13.15	7.54	6.79	6.46	0.38
Net Cash (Debt)	-8.48	-5.9	-2.58	-1.38	-1.12	7.31
Net Cash Growth	-	-	-	-	-	-35.26%
Net Cash Per Share	-0.89	-0.61	-0.26	-0.14	-0.12	0.74
Filing Date Shares Outstanding	9.5	9.48	9.47	9.43	9.37	9.19
Total Common Shares Outstanding	9.5	9.48	9.47	9.42	9.23	9.18
Working Capital	19.99	20.44	23.68	22.95	23.17	25.23
Book Value Per Share	7.67	7.61	7.52	7.04	6.89	6.79
Tangible Book Value	59.73	58.54	60.73	55.41	52.18	61.66
Tangible Book Value Per Share	6.29	6.18	6.41	5.88	5.65	6.71
Land	1.86	1.26	1.24	0.5	0.31	0.31
Buildings	13.36	14.65	14.76	16.43	14.78	13.15
Machinery	9.81	9.15	7.28	5.98	5.64	5.45
Construction In Progress	0.49	0.82	3.09	0.82	-	-
Order Backlog	-	4.18	5.84	5.34	5.86	4.19

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 9, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

Data Sources Report a data error