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Northern Technologies

Basic Materials US NTIC

13.21USD
-0.28(2.08%)

Last update at 2025-01-02T18:54:00Z

Day Range

13.0013.48
LowHigh

52 Week Range

9.9019.63
LowHigh

Fundamentals

  • Previous Close 13.49
  • Market Cap169.79M
  • Volume21440
  • P/E Ratio37.52
  • Dividend Yield1.53%
  • EBITDA3.29M
  • Revenue TTM82.70M
  • Revenue Per Share TTM8.80
  • Gross Profit TTM 23.07M
  • Diluted EPS TTM0.48

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Income before tax 5.59M 9.06M 8.46M 1.74M 6.66M
Minority interest -1.32546M 0.86M 0.72M 0.40M 0.61M
Net income 2.91M 6.32M 6.28M -0.93476M 5.21M
Selling general administrative 13.17M 10.60M 8.26M 8.69M 9.35M
Selling and marketing expenses 15.29M 13.04M 12.02M 10.66M 10.97M
Gross profit 29.07M 23.07M 19.57M 16.03M 17.78M
Reconciled depreciation 1.63M 1.57M 1.11M 1.07M 1.10M
Ebit 6.02M 3.63M 8.32M 0.69M 6.59M
Ebitda 7.06M 5.20M 8.47M 1.76M 6.67M
Depreciation and amortization 1.04M 1.57M 0.15M 1.07M 0.08M
Non operating income net other - 4.00M 0.15M 0.17M 0.08M
Operating income 6.02M 3.63M 8.32M 0.69M 6.59M
Other operating expenses 60585.75M 79.50M 61.60M 54.93M 62.11M
Interest expense 0.46M 0.09M 0.02M 0.02M 0.01M
Tax provision 1.35M 1.87M 1.46M 2.67M 0.84M
Interest income 0.03M 0.05M 0.15M 0.17M 0.08M
Net interest income -0.43332M -0.03986M 0.14M 0.15M 0.06M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 1.35M 1.87M 1.46M 2.67M 0.84M
Total revenue 86.36M 74.16M 56.49M 47.64M 55.75M
Total operating expenses 33.43M 28.41M 24.68M 23.32M 24.14M
Cost of revenue 57.29M 51.09M 36.92M 31.61M 37.97M
Total other income expense net -0.43332M 5.43M 0.14M 1.05M 0.06M
Discontinued operations - - - - -
Net income from continuing ops 4.24M 7.19M 7.00M -0.93476M 5.82M
Net income applicable to common shares - 6.32M 6.28M -1.33771M 5.21M
Preferred stock and other adjustments - - - - -
Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Total assets 89.34M 86.19M 74.37M 66.07M 67.51M
Intangible assets 6.16M 6.63M 0.71M 0.80M 1.01M
Earning assets - - - - -
Other current assets 21168.89M 1.95M 1.30M -0.00000M 1.06M
Total liab 18.65M 18.95M 8.62M 6.37M 7.84M
Total stockholder equity 66.36M 63.60M 62.37M 56.66M 56.59M
Deferred long term liab - 1.70M - - -
Other current liab -30.23493M 3.00M 3.95M 0.88M 3.34M
Common stock 0.19M 0.18M 0.18M 0.18M 0.18M
Capital stock 0.19M 0.18M 0.18M 0.18M 0.18M
Retained earnings 51.00M 50.72M 46.97M 42.47M 44.99M
Other liab - 1.70M - - -
Good will 4.78M 4.78M - 0.80M 1.01M
Other assets - - 0.09M 0.21M 1.63M
Cash 5.41M 5.33M 7.68M 6.40M 5.86M
Cash and equivalents - - - - -
Total current liabilities 16.72M 17.07M 8.52M 6.10M 7.84M
Current deferred revenue 34.20M - - 1.63M -
Net debt 1.38M 1.12M -7.30420M -5.74424M -5.85676M
Short term debt 6.70M 6.27M 0.27M 0.39M -
Short long term debt 6.36M 5.90M - - -
Short long term debt total 6.79M 6.46M 0.38M 0.66M -
Other stockholder equity 21.99M 19.94M 18.74M 17.42M 16.01M
Property plant equipment - 12.17M 12.20M 7.11M 7.36M
Total current assets 39.67M 40.23M 33.75M 33.20M 33.30M
Long term investments 23.71M 21.81M 27.62M 24.09M 24.21M
Net tangible assets - 52.18M 61.66M 56.66M 56.59M
Short term investments 23682.01M 0.00559M 0.00463M 5.54M 3.57M
Net receivables 19.15M 16.60M 13.65M 9.50M 12.33M
Long term debt - - - - -
Inventory 13.10M 16.34M 11.11M 10.96M 10.49M
Accounts payable 6.06M 7.80M 4.29M 3.21M 4.51M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 3.65M 3.38M 3.05M 3.07M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -6.82340M -7.24513M -3.52503M -3.41044M -4.59318M
Additional paid in capital - - - - -
Common stock total equity - 0.18M 0.18M 0.18M 0.18M
Preferred stock total equity - - - - -
Retained earnings total equity - 50.72M 46.97M 42.47M 44.99M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 658.75M -1700.01500M 28.33M - 34.21M
Deferred long term asset charges - - - - -
Non current assets total 49.67M 45.96M 40.62M 32.87M 34.21M
Capital lease obligations 0.43M 0.56M 0.38M 0.66M -
Long term debt total - - - - -
Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Investments -3.34312M -0.34139M 5.54M -1.97946M -0.26515M
Change to liabilities - 1.39M 2.10M -2.22178M 0.39M
Total cashflows from investing activities - -7.10817M -0.10332M -2.78468M -1.33992M
Net borrowings - 5.90M 5.90M 5.90M 5.90M
Total cash from financing activities -2.05380M 3.19M -1.52221M -1.51801M -2.39366M
Change to operating activities - -1.11960M 0.90M -1.01560M 0.52M
Net income 4.24M 7.19M 7.00M -0.93476M 5.82M
Change in cash 0.07M -2.34675M 1.28M 0.55M 1.69M
Begin period cash flow 5.33M 7.68M 6.40M 5.86M 4.16M
End period cash flow 5.41M 5.33M 7.68M 6.40M 5.86M
Total cash from operating activities 5.54M 1.15M 2.89M 4.91M 5.48M
Issuance of capital stock - - - - -
Depreciation 1.63M 1.57M 1.11M 1.07M 1.10M
Other cashflows from investing activities - -5.27011M -0.11065M -0.09381M -0.11444M
Dividends paid -2.62446M -2.58118M -1.78096M -1.18220M 2.18M
Change to inventory 3.03M -4.81886M 0.06M -0.43571M -1.48683M
Change to account receivables -1.44629M -2.16441M -3.17956M 2.03M -0.11328M
Sale purchase of stock - -0.13044M 0.66M 0.06M 0.19M
Other cashflows from financing activities 2.87M 5.77M 0.26M -0.33581M -0.21342M
Change to netincome - 1.90M -2.75906M 4.36M -0.88029M
Capital expenditures 3.36M 1.70M 5.64M 0.81M 1.07M
Change receivables - -2.42396M -3.75740M 2.37M -0.02403M
Cash flows other operating - -3.66441M -0.85021M 0.70M 0.56M
Exchange rate changes - - 0.01M -0.06311M -0.04970M
Cash and cash equivalents changes - -2.77372M 1.28M 0.55M 1.69M
Change in working capital -0.54215M -5.56096M -2.45313M 0.42M -0.56127M
Stock based compensation 1.34M 0.93M 0.66M 1.34M 1.43M
Other non cash items -0.72806M -2.89726M -3.53785M 1.60M -2.22257M
Free cash flow 2.18M -0.55775M -2.75046M 4.10M 4.40M

Peer Comparison

Sector: Basic Materials Industry: Specialty Chemicals

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NTIC
Northern Technologies
-0.28 2.08% 13.21 37.52 - 1.58 1.91 1.62 15.64
LIN
Linde plc Ordinary Shares
-4.19 1.00% 414.48 33.77 28.90 6.56 5.42 7.03 18.92
AIQUF
L'Air Liquide S.A
- -% 162.43 29.39 24.69 3.41 3.97 3.87 15.91
AIQUY
Air Liquide SA ADR
-0.52 1.61% 31.73 30.34 23.04 3.63 3.77 3.88 15.62
SHW
Sherwin-Williams Co
-8.705 2.56% 331.23 33.33 27.40 3.38 20.60 3.88 21.36

Reports Covered

Stock Research & News

Profile

Northern Technologies International Corporation develops and markets rust and corrosion inhibiting solutions in North America, South America, Europe, Asia, the Middle East and internationally. It offers rust and corrosion inhibiting products, such as plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand. The company provides a portfolio of bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. In addition, it offers on-site and technical consulting for rust and corrosion prevention issues. It sells its products and services to automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets through direct sales force, network of independent distributors, agents, manufacturer's sales representatives, and strategic partners. The company was founded in 1970 and is headquartered in Circle Pines, Minnesota.

Northern Technologies

4201 Woodland Road, Circle Pines, MN, United States, 55014

Key Executives

Name Title Year Born
Mr. G. Patrick Lynch Pres, CEO & Director 1967
Mr. Matthew C. Wolsfeld CPA, CPA CFO & Corp. Sec. 1974
Mr. Vineet R. Dalal VP & Director of Global Market Devel. - Natur-Tec 1970
Mr. G. Patrick Lynch President, CEO & Director 1967
Mr. Matthew C. Wolsfeld CPA CFO & Corporate Secretary 1974

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