Northern PPandE Turnover vs Shareholders Equity Analysis

NTIC Stock  USD 13.40  0.10  0.74%   
Trend analysis of Northern Technologies balance sheet accounts such as Property Plant And Equipment Net of 17.5 M provides information on Northern Technologies' total assets, liabilities, and equity, which is the actual value of Northern Technologies to its prevalent stockholders. By breaking down trends over time using Northern Technologies balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

About Northern Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Northern Technologies at a specified time, usually calculated after every quarter, six months, or one year. Northern Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.

Northern Technologies Balance Sheet Chart

Northern Technologies Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Northern Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Northern Technologies' Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 80.1 M, whereas Other Current Liabilities is projected to grow to (25.9 M).

Total Assets

Total assets refers to the total amount of Northern Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Northern Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Northern Technologies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Northern Technologies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Northern Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.At present, Northern Technologies' Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit23.1M29.1M33.4M35.1M
Total Revenue74.2M86.4M99.3M104.3M

Northern Technologies fundamental ratios Correlations

-0.650.920.990.970.360.980.930.540.980.150.280.960.750.510.960.710.990.90.980.960.60.610.77-0.590.96
-0.65-0.77-0.56-0.74-0.71-0.53-0.61-0.07-0.67-0.60.23-0.74-0.53-0.42-0.55-0.98-0.71-0.78-0.6-0.75-0.38-0.41-0.260.58-0.65
0.92-0.770.850.940.640.850.970.360.90.09-0.010.970.710.580.920.820.931.00.910.950.620.630.5-0.70.92
0.99-0.560.850.930.221.00.890.60.970.160.40.920.740.460.940.630.970.830.970.920.580.590.83-0.520.93
0.97-0.740.940.930.470.920.920.470.960.20.120.970.770.440.930.790.980.930.941.00.60.620.64-0.680.99
0.36-0.710.640.220.470.220.5-0.380.40.03-0.620.490.280.310.370.690.40.670.30.490.150.17-0.03-0.50.4
0.98-0.530.851.00.920.220.90.60.960.120.410.920.730.480.950.610.960.820.970.910.580.590.83-0.490.92
0.93-0.610.970.890.920.50.90.460.89-0.070.120.960.710.60.970.670.930.960.940.920.660.680.57-0.620.92
0.54-0.070.360.60.47-0.380.60.460.48-0.030.670.460.580.260.550.090.520.340.590.450.690.690.52-0.320.51
0.98-0.670.90.970.960.40.960.890.480.180.190.930.740.470.910.730.970.890.920.950.510.530.81-0.580.94
0.15-0.60.090.160.20.030.12-0.07-0.030.180.00.20.170.07-0.050.580.220.090.110.2-0.05-0.030.11-0.030.12
0.280.23-0.010.40.12-0.620.410.120.670.190.00.120.210.030.28-0.20.24-0.060.370.10.330.320.470.10.15
0.96-0.740.970.920.970.490.920.960.460.930.20.120.750.570.930.810.970.960.960.970.630.650.59-0.640.95
0.75-0.530.710.740.770.280.730.710.580.740.170.210.750.370.710.580.750.690.730.760.70.710.52-0.480.77
0.51-0.420.580.460.440.310.480.60.260.470.070.030.570.370.520.450.490.580.530.440.550.560.25-0.240.41
0.96-0.550.920.940.930.370.950.970.550.91-0.050.280.930.710.520.610.950.90.970.930.690.710.65-0.620.94
0.71-0.980.820.630.790.690.610.670.090.730.58-0.20.810.580.450.610.770.830.660.810.370.40.32-0.580.72
0.99-0.710.930.970.980.40.960.930.520.970.220.240.970.750.490.950.770.920.970.980.630.650.7-0.650.97
0.9-0.781.00.830.930.670.820.960.340.890.09-0.060.960.690.580.90.830.920.890.940.60.620.49-0.710.9
0.98-0.60.910.970.940.30.970.940.590.920.110.370.960.730.530.970.660.970.890.930.670.680.69-0.580.93
0.96-0.750.950.921.00.490.910.920.450.950.20.10.970.760.440.930.810.980.940.930.60.620.61-0.690.99
0.6-0.380.620.580.60.150.580.660.690.51-0.050.330.630.70.550.690.370.630.60.670.61.00.21-0.670.61
0.61-0.410.630.590.620.170.590.680.690.53-0.030.320.650.710.560.710.40.650.620.680.621.00.22-0.680.62
0.77-0.260.50.830.64-0.030.830.570.520.810.110.470.590.520.250.650.320.70.490.690.610.210.22-0.160.65
-0.590.58-0.7-0.52-0.68-0.5-0.49-0.62-0.32-0.58-0.030.1-0.64-0.48-0.24-0.62-0.58-0.65-0.71-0.58-0.69-0.67-0.68-0.16-0.66
0.96-0.650.920.930.990.40.920.920.510.940.120.150.950.770.410.940.720.970.90.930.990.610.620.65-0.66
Click cells to compare fundamentals

Northern Technologies Account Relationship Matchups

Northern Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets66.1M74.4M86.2M89.3M102.7M107.9M
Other Current Liab880.1K4.0M3.0M(30.2M)(27.2M)(25.9M)
Total Current Liabilities6.1M8.5M17.1M16.7M19.2M20.2M
Total Stockholder Equity56.7M62.4M63.6M66.4M76.3M80.1M
Property Plant And Equipment Net7.8M12.2M12.7M14.5M16.7M17.5M
Net Debt(5.7M)(7.3M)1.1M1.4M1.2M1.3M
Retained Earnings42.5M47.0M50.7M51.0M58.7M61.6M
Accounts Payable3.2M4.3M7.8M6.1M7.0M7.3M
Cash6.4M7.7M5.3M5.4M6.2M3.2M
Non Current Assets Total32.9M40.6M46.0M49.7M57.1M60.0M
Cash And Short Term Investments11.9M7.7M5.3M5.4M6.2M4.2M
Net Receivables9.5M13.6M16.6M19.1M22.0M23.1M
Common Stock Shares Outstanding9.1M9.9M9.6M9.7M11.1M9.3M
Liabilities And Stockholders Equity66.1M74.4M86.2M89.3M102.7M107.9M
Non Current Liabilities Total272.4K104.1K1.9M1.9M2.2M2.3M
Inventory11.0M11.1M16.3M13.1M15.1M15.8M
Other Current Assets(1.0)1.3M2.0M21.2B24.3B25.6B
Other Stockholder Equity17.4M18.7M19.9M22.0M25.3M26.5M
Total Liab6.4M8.6M18.9M18.6M21.4M22.5M
Total Current Assets33.2M33.7M40.2M39.7M45.6M47.9M
Property Plant And Equipment Gross7.8M12.2M12.7M14.5M16.7M17.5M
Accumulated Other Comprehensive Income(3.4M)(3.5M)(7.2M)(6.8M)(6.1M)(5.8M)
Common Stock Total Equity181.7K182K183.7K184.7K212.3K108.5K
Common Stock182K183.7K184.7K188.5K216.8K112.5K
Other Assets1.7M1.6M209.7K92.6K83.3K79.1K
Property Plant Equipment7.4M7.1M12.2M12.2M14.0M14.7M
Short Term Investments5.5M4.6K5.6K23.7B27.2B28.6B
Good Will1.0M802.0K0.04.8M5.5M5.8M
Intangible Assets802.0K709.6K6.6M6.2M7.1M7.4M
Net Tangible Assets56.6M56.7M61.7M52.2M60.0M53.6M
Noncontrolling Interest In Consolidated Entity3.1M3.0M3.4M3.6M4.2M3.2M
Retained Earnings Total Equity45.0M42.5M47.0M50.7M58.3M41.9M
Capital Surpluse16.0M17.4M18.7M19.9M22.9M16.4M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Northern Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Northern Technologies' short interest history, or implied volatility extrapolated from Northern Technologies options trading.

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Northern Technologies' price analysis, check to measure Northern Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Technologies is operating at the current time. Most of Northern Technologies' value examination focuses on studying past and present price action to predict the probability of Northern Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Technologies' price. Additionally, you may evaluate how the addition of Northern Technologies to your portfolios can decrease your overall portfolio volatility.
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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
0.8
Dividend Share
0.28
Earnings Share
0.34
Revenue Per Share
8.536
Quarterly Revenue Growth
0.011
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.