Northern Technologies International
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Northern Technologies International's balance sheet done over the years? Its assets were worth $94,676,502 last year, which is more than in the previous period. 21% of Northern Technologies International’s total assets is currently financed by debt. Its liabilities reached the amount of $19,501,181, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2015 | 51565648 | 3.67M | 7.12% |
|---|---|---|---|
| 2016 | 51070050 | 3.99M | 7.82% |
| 2017 | 56612693 | 4.89M | 8.65% |
| 2018 | 63549236 | 7.73M | 12.16% |
| 2019 | 67511087 | 7.84M | 11.62% |
| 2020 | 66074488 | 6.37M | 9.64% |
| 2021 | 74370879 | 8.62M | 11.59% |
| 2022 | 86193953 | 18.94M | 21.98% |
| 2023 | 89344303 | 18.64M | 20.87% |
| 2024 | 94676502 | 19.50M | 20.6% |
NTIC Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 4.95M | 5.40M | 5.33M | 7.68M | 6.40M | 5.85M | 4.16M | 6.36M | 3.39M | 2.62M |
Short term investments | 0 | 23.68B | 5.59K | 4.63K | 5.54M | 3.56M | 3.30M | 3.76M | 2.24M | 2.02M |
Net receivables | 20.42M | 19.14M | 16.59M | 13.64M | 9.49M | 12.32M | 12.31M | 8.04M | 7.16M | 6.32M |
Inventory | 14.39M | 13.09M | 16.34M | 11.11M | 10.96M | 10.48M | 9.13M | 7.45M | 7.71M | 7.46M |
Other current assets | 1.81M | 2.01M | 1.95M | 1.30M | -1 | 1.06M | 1.66M | 439.29K | 422.03K | 835.58K |
Total current assets | 41.57M | 39.67M | 40.23M | 33.74M | 33.20M | 33.30M | 30.56M | 26.06M | 20.94M | 19.27M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 16.69M | 14.49M | 12.72M | 12.19M | 7.76M | 7.35M | 7.16M | 7.35M | 7.27M | 7.29M |
Goodwill | 4.78M | 4.78M | 4.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 5.68M | 6.15M | 6.63M | 709.57K | 802.00K | 1.00M | 1.15M | 1.32M | 1.27M | 1.26M |
Long term investments | 25.39M | 23.70M | 21.81M | 27.62M | 24.09M | 24.20M | 22.95M | 20.03M | 19.84M | 22.42M |
Other non-current assets | 544.46K | 0 | -1.70B | 0 | 0 | 0 | 153.84K | 71.68K | 92.87K | 130.73K |
Total non-current assets | 53.09M | 49.67M | 45.95M | 40.62M | 32.87M | 34.20M | 32.98M | 30.54M | 30.12M | 32.29M |
Total assets | 94.67M | 89.34M | 86.19M | 74.37M | 66.07M | 67.51M | 63.54M | 56.61M | 51.07M | 51.56M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 1.62M | 0 | 0 | 0 | 0 | 0 |
Short term debt | 7.43M | 6.69M | 6.27M | 272.33K | 386.34K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 17.89M | 16.72M | 17.06M | 8.51M | 6.09M | 7.84M | 7.73M | 4.89M | 3.99M | 3.67M |
| Non-current liabilities: | ||||||||||
Long term debt | 99.44K | 88.07K | 184.24K | 104.10K | 272.44K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.60B | 0 | 1.88B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.60B | 1.92M | 1.88M | 104.10K | 272.44K | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 19.50M | 18.64M | 18.94M | 8.62M | 6.37M | 7.84M | 7.73M | 4.89M | 3.99M | 3.67M |
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