Northern Technologies International Corporation (NTIC)

NTIC Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	May 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Cash & Equivalents	5.79	5.41	5.33	7.68	6.4	5.86
Short-Term Investments	-	-	0.01	0	5.54	3.57
Cash & Short-Term Investments	5.79	5.41	5.34	7.69	11.95	9.42
Cash Growth	-6.46%	1.25%	-30.52%	-35.68%	26.81%	26.25%
Accounts Receivable	16.23	19.12	16.6	13.26	9.48	11.87
Other Receivables	0.46	0.03	-	0.39	0.02	0.46
Receivables	16.7	19.15	16.6	13.65	9.5	12.33
Inventory	13.24	13.1	16.34	11.11	10.96	10.49
Prepaid Expenses	2.17	2.02	1.95	1.3	0.8	1.06
Total Current Assets	37.9	39.67	40.23	33.75	33.2	33.3
Property, Plant & Equipment	15.99	14.49	12.73	12.2	7.77	7.36
Long-Term Investments	24.22	23.71	21.81	27.62	24.09	24.21
Goodwill	4.78	4.78	4.78	-	-	-
Other Intangible Assets	5.8	6.16	6.63	0.71	0.8	1.01
Long-Term Deferred Tax Assets	0.57	0.53	-	0.09	0.21	1.63
Total Assets	89.27	89.34	86.19	74.37	66.07	67.51
Accounts Payable	6.27	6.06	7.8	4.29	3.21	4.51
Accrued Expenses	3.51	3.95	2.96	3.77	2.2	3.33
Short-Term Debt	4.75	6.36	5.9	-	-	-
Current Portion of Leases	0.25	0.34	0.37	0.27	0.39	-
Current Income Taxes Payable	0.02	0.01	0.03	0.18	0.31	0.01
Total Current Liabilities	14.79	16.72	17.07	8.52	6.1	7.84
Long-Term Leases	0.06	0.09	0.18	0.1	0.27	-
Long-Term Deferred Tax Liabilities	1.84	1.84	1.7	-	-	-
Total Liabilities	16.69	18.65	18.95	8.62	6.37	7.84
Common Stock	0.19	0.19	0.18	0.18	0.18	0.18
Additional Paid-In Capital	23.1	21.99	19.94	18.74	17.42	16.01
Retained Earnings	52.6	51	50.72	46.97	42.47	44.99
Comprensive Income & Other	-7.04	-6.82	-7.25	-3.53	-3.41	-4.59
Total Common Equity	68.85	66.36	63.6	62.37	56.66	56.59
Minority Interest	3.72	4.34	3.65	3.38	3.05	3.07
Shareholders' Equity	72.57	70.7	67.24	65.75	59.7	59.67
Total Liabilities & Equity	89.27	89.34	86.19	74.37	66.07	67.51
Total Debt	5.06	6.79	6.46	0.38	0.66	-
Net Cash (Debt)	0.74	-1.38	-1.12	7.31	11.29	9.42
Net Cash Growth	-	-	-	-35.26%	19.81%	26.25%
Net Cash Per Share	0.08	-0.14	-0.12	0.74	1.24	1.00
Filing Date Shares Outstanding	9.44	9.43	9.37	9.19	9.1	9.09
Total Common Shares Outstanding	9.44	9.42	9.23	9.18	9.1	9.09
Working Capital	23.11	22.95	23.17	25.23	27.1	25.46
Book Value Per Share	7.29	7.04	6.89	6.79	6.23	6.23
Tangible Book Value	58.27	55.41	52.18	61.66	55.86	55.59
Tangible Book Value Per Share	6.17	5.88	5.65	6.71	6.14	6.12
Land	0.78	0.5	0.31	0.31	0.31	0.31
Buildings	19.49	17.25	14.78	13.15	8.17	7.75
Machinery	6.17	5.98	5.64	5.45	4.94	4.9
Order Backlog	-	5.34	5.86	4.19	3.59	3.22

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