Northern Profit Margin vs Dividend Yield Analysis

NTIC Stock  USD 14.87  1.02  7.36%   
Northern Technologies financial indicator trend analysis is infinitely more than just investigating Northern Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern Technologies is a good investment. Please check the relationship between Northern Technologies Net Profit Margin and its Dividend Yield accounts. 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.

Net Profit Margin vs Dividend Yield

Profit Margin vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Northern Technologies Profit Margin account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Northern Technologies' Profit Margin and Dividend Yield is -0.41. Overlapping area represents the amount of variation of Profit Margin that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Northern Technologies, assuming nothing else is changed. The correlation between historical values of Northern Technologies' Profit Margin and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Profit Margin of Northern Technologies are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Profit Margin i.e., Northern Technologies' Profit Margin and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.

Dividend Yield

Dividend Yield is Northern Technologies dividend as a percentage of Northern Technologies stock price. Northern Technologies dividend yield is a measure of Northern Technologies stock productivity, which can be interpreted as interest rate earned on an Northern Technologies investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
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' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 16.34, whereas Tax Provision is forecasted to decline to about 1.4 M.
 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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.