Northern Technologies International Debt-to-Equity Ratio Growth & History (NTIC)
Northern Technologies International's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Northern Technologies International company overviewNorthern Technologies International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-31 | 0.01 | 0.00 | +14.60% |
| 2024 | 2024-08-31 | 0.01 | −0.00 | −7.73% |
| 2023 | 2023-08-31 | 0.01 | −0.00 | −26.28% |
| 2022 | 2022-08-31 | 0.01 | 0.00 | +45.26% |
| 2021 | 2021-08-31 | 0.01 | −0.01 | −48.09% |
| 2020 | 2020-08-31 | 0.01 | — | — |
Northern Technologies International quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-05-31 | 0.01 | 0.00 | +59.11% |
| Q2 2026 | 2026-02-28 | 0.01 | 0.00 | +28.01% |
| Q1 2026 | 2025-11-30 | 0.01 | 0.00 | +48.52% |
| Q4 2025 | 2025-08-31 | 0.01 | 0.00 | +14.60% |
| Q3 2025 | 2025-05-31 | 0.01 | 0.00 | +12.69% |
| Q2 2025 | 2025-02-28 | 0.00 | −0.00 | −13.59% |
| Q1 2025 | 2024-11-30 | 0.00 | −0.00 | −5.08% |
| Q4 2024 | 2024-08-31 | 0.01 | −0.00 | −7.73% |
| Q3 2024 | 2024-05-31 | 0.00 | 0.00 | +0.17% |
| Q2 2024 | 2024-02-29 | 0.00 | −0.00 | −14.81% |
| Q1 2024 | 2023-11-30 | 0.00 | −0.00 | −29.18% |
| Q4 2023 | 2023-08-31 | 0.01 | −0.00 | −26.28% |
| Q3 2023 | 2023-05-31 | 0.00 | −0.00 | −30.72% |
| Q2 2023 | 2023-02-28 | 0.01 | −0.00 | −27.85% |
| Q1 2023 | 2022-11-30 | 0.01 | −0.00 | −30.54% |
| Q4 2022 | 2022-08-31 | 0.01 | 0.00 | +45.26% |
| Q3 2022 | 2022-05-31 | 0.01 | −0.00 | −18.51% |
| Q2 2022 | 2022-02-28 | 0.01 | −0.00 | −20.29% |
| Q1 2022 | 2021-11-30 | 0.01 | 0.00 | +4.59% |
| Q4 2021 | 2021-08-31 | 0.01 | −0.01 | −48.09% |
| Q3 2021 | 2021-05-31 | 0.01 | −0.00 | −0.37% |
| Q2 2021 | 2021-02-28 | 0.01 | 0.00 | +10.86% |
| Q1 2021 | 2020-11-30 | 0.01 | −0.00 | −8.90% |
| Q4 2020 | 2020-08-31 | 0.01 | — | — |
| Q3 2020 | 2020-05-31 | 0.01 | — | — |
| Q2 2020 | 2020-02-29 | 0.01 | — | — |
| Q1 2020 | 2019-11-30 | 0.01 | — | — |
Northern Technologies International debt-to-equity ratio trends
Over the last five fiscal years, Northern Technologies International's debt-to-equity ratio decreased from 0.01 to 0.01, a change of −0.00. The latest reported quarter, Q3 2026, shows 0.01.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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