Northern Minority Interest from 2010 to 2024

NTIC Stock  USD 18.34  0.09  0.49%   
Northern Technologies' Minority Interest is decreasing over the years with slightly volatile fluctuation. Overall, Minority Interest is projected to go to about -1.1 M this year. During the period from 2010 to 2024 Northern Technologies Minority Interest annual values regression line had geometric mean of  542,343 and mean square error of 567.6 B. View All Fundamentals
 
Minority Interest  
First Reported
2000-11-30
Previous Quarter
-189.4 K
Current Value
-167.4 K
Quarterly Volatility
373.7 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northern Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 557.6 K or Total Revenue of 104.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.92, Dividend Yield of 0.0141 or PTB Ratio of 2.4. Northern financial statements analysis is a perfect complement when working with Northern Technologies Valuation or Volatility modules.
  
This module can also supplement various Northern Technologies Technical models . Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

Latest Northern Technologies' Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Northern Technologies over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Northern Technologies whose combined shares represent less than 50% of the total outstanding shares issued by Northern Technologies have a minority interest in Northern Technologies. It is Northern Technologies' Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Technologies' overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Northern Minority Interest Regression Statistics

Arithmetic Mean221,672
Geometric Mean542,343
Coefficient Of Variation393.72
Mean Deviation688,133
Median502,453
Standard Deviation872,765
Sample Variance761.7B
Range2.8M
R-Value(0.56)
Mean Square Error567.6B
R-Squared0.31
Significance0.03
Slope(108,330)
Total Sum of Squares10.7T

Northern Minority Interest History

2024-1.1 M
2023-1.2 M
2022-1.3 M
2021861.2 K
2020715.5 K
2019402.9 K
2018606 K

About Northern Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northern Technologies income statement, its balance sheet, and the statement of cash flows. Northern Technologies investors use historical funamental indicators, such as Northern Technologies's Minority Interest, to determine how well the company is positioned to perform in the future. Although Northern Technologies investors may use each financial statement separately, they are all related. The changes in Northern Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northern Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northern Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-1.2 M-1.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:
Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Northern Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.25
Dividend Share
0.28
Earnings Share
0.48
Revenue Per Share
8.802
Quarterly Revenue Growth
0.141
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.