NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC) Current Ratio
- Current ratio · latest quarter: Value 1.72×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-05-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.72× | Current assets / current liabilities. $47.77M ÷ $27.78M ≈ 1.72× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 47.77M USD | Assets, Current |
| Current obligations | 27.78M USD | Liabilities, Current |
| Cash and equivalents | 7.28M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | Debt Securities, Available-for-sale, Current · Available-for-sale Securities, Current |
| Customer receivables | (m) | |
| Inventory | 15.84M USD | Inventory, Net |
| Payables | 9.35M USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-05-31 | $47.77M | $27.78M | $7.28M | (m) | (m) | $15.84M | $9.35M | (m) | 1.72× |
| 2026-02-28 | $45.22M | $25.02M | $6.47M | (m) | (m) | $16.51M | $8.27M | (m) | 1.81× |
| 2025-11-30 | $44.62M | $25.18M | $6.39M | (m) | (m) | $16.11M | $9.67M | (m) | 1.77× |
| 2025-08-31 | $44.34M | $23.90M | $7.25M | (m) | (m) | $15.53M | $8.04M | (m) | 1.86× |
| 2025-05-31 | $42.60M | $20.94M | $6.77M | (m) | (m) | $14.92M | $7.23M | (m) | 2.03× |
| 2025-02-28 | $39.62M | $18.21M | $5.09M | (m) | (m) | $14.99M | $7.26M | (m) | 2.18× |
| 2024-11-30 | $40.30M | $18.12M | $5.57M | (m) | (m) | $14.34M | $6.56M | (m) | 2.22× |
| 2024-08-31 | $41.58M | $17.90M | $4.95M | (m) | (m) | $14.39M | $6.39M | (m) | 2.32× |
| 2024-05-31 | $37.90M | $14.79M | $5.79M | (m) | (m) | $13.24M | $6.27M | (m) | 2.56× |
| 2024-02-29 | $37.33M | $13.36M | $4.84M | (m) | (m) | $12.54M | $6.49M | (m) | 2.79× |
| 2023-11-30 | $38.27M | $15.85M | $6.09M | (m) | (m) | $12.59M | $6.35M | (m) | 2.41× |
| 2023-08-31 | $39.67M | $16.72M | $5.41M | (m) | (m) | $13.10M | $6.06M | (m) | 2.37× |
| 2023-05-31 | $38.15M | $15.35M | $6.20M | $0.00 | (m) | $13.90M | $4.69M | (m) | 2.49× |
| 2023-02-28 | $39.60M | $16.08M | $5.45M | $0.00 | (m) | $15.18M | $6.31M | (m) | 2.46× |
| 2022-11-30 | $39.89M | $14.48M | $6.07M | $5.59K | (m) | $15.24M | $6.03M | (m) | 2.75× |
| 2022-08-31 | $40.23M | $17.07M | $5.33M | $5.59K | (m) | $16.34M | $7.80M | (m) | 2.36× |
| 2022-05-31 | $38.97M | $14.24M | $6.12M | $5.57K | (m) | $13.87M | $6.00M | (m) | 2.74× |
| 2022-02-28 | $38.60M | $13.27M | $7.49M | $4.63K | (m) | $12.98M | $5.95M | (m) | 2.91× |
| 2021-11-30 | $37.27M | $11.39M | $8.05M | $4.63K | (m) | $11.44M | $5.47M | (m) | 3.27× |
| 2021-08-31 | $33.75M | $8.52M | $7.68M | $4.63K | (m) | $11.11M | $4.29M | (m) | 3.96× |
| 2021-05-31 | $37.23M | $7.55M | $5.88M | $5.13M | (m) | $11.31M | $4.10M | (m) | 4.93× |
| 2021-02-28 | $37.52M | $8.05M | $6.79M | $5.91M | (m) | $11.21M | $4.39M | (m) | 4.66× |
| 2020-11-30 | $35.48M | $7.30M | $6.95M | $6.38M | (m) | $9.84M | $4.38M | (m) | 4.86× |
| 2020-08-31 | $33.20M | $6.10M | $6.40M | $5.54M | (m) | $10.96M | $3.21M | (m) | 5.45× |
| 2020-05-31 | $32.61M | $4.47M | $5.05M | $5.45M | (m) | $12.08M | $2.35M | (m) | 7.29× |
| 2020-02-29 | $36.11M | $6.68M | $5.63M | $6.51M | (m) | $11.42M | $4.37M | (m) | 5.40× |
| 2019-11-30 | $31.96M | $6.71M | $4.11M | $2.99M | (m) | $11.26M | $4.12M | (m) | 4.77× |
| 2019-08-31 | $33.30M | $7.84M | $5.86M | $3.57M | (m) | $10.49M | $4.51M | (m) | 4.25× |
| 2019-05-31 | $32.37M | $6.67M | $5.22M | $2.54M | (m) | $10.62M | $4.46M | (m) | 4.85× |
| 2019-02-28 | $30.79M | $6.61M | $4.94M | $1.23M | (m) | $11.30M | $4.31M | (m) | 4.66× |
| 2018-11-30 | $30.36M | $6.19M | $4.52M | $1.71M | (m) | $10.22M | $4.04M | (m) | 4.90× |
| 2018-08-31 | $30.57M | $7.73M | $4.16M | $3.30M | (m) | $9.13M | $3.91M | (m) | 3.95× |
| 2018-05-31 | $29.16M | $6.35M | $4.61M | $3.28M | (m) | $9.17M | $3.32M | (m) | 4.59× |
| 2018-02-28 | $28.92M | $6.72M | $5.07M | $3.27M | (m) | $9.13M | $4.27M | (m) | 4.30× |
| 2017-11-30 | $26.21M | $5.83M | $4.63M | $3.77M | (m) | $7.97M | $3.80M | (m) | 4.50× |
| 2017-08-31 | $26.07M | $4.89M | $6.36M | $3.77M | (m) | $7.46M | $2.68M | (m) | 5.33× |
| 2017-05-31 | $24.64M | $4.79M | $3.50M | $3.76M | (m) | $7.88M | $3.56M | (m) | 5.14× |
| 2017-02-28 | $20.33M | $4.96M | $3.05M | $748.25K | (m) | $8.05M | $3.57M | (m) | 4.10× |
| 2016-11-30 | $20.00M | $4.12M | $2.53M | $1.75M | (m) | $7.39M | $2.96M | (m) | 4.86× |
| 2016-08-31 | $20.94M | $3.99M | $3.40M | $2.24M | (m) | $7.71M | $2.75M | (m) | 5.24× |
| 2016-05-31 | $22.35M | $3.95M | $4.63M | $2.24M | (m) | $7.41M | $2.77M | (m) | 5.65× |
| 2016-02-29 | $20.23M | $2.75M | $2.53M | $2.73M | (m) | $7.30M | $1.87M | (m) | 7.37× |
| 2015-11-30 | $18.28M | $3.53M | $3.07M | $528.87K | (m) | $7.63M | $2.32M | (m) | 5.18× |
| 2015-08-31 | $19.28M | $3.67M | $2.62M | $2.03M | (m) | $7.47M | $2.10M | (m) | 5.25× |
| 2015-05-31 | $20.82M | $3.53M | $3.79M | $2.53M | (m) | $6.73M | $2.12M | (m) | 5.91× |
| 2015-02-28 | $20.38M | $2.54M | $3.37M | $3.52M | (m) | $5.98M | $1.54M | (m) | 8.02× |
| 2014-11-30 | $20.62M | $3.56M | $2.60M | $4.02M | (m) | (m) | $2.14M | (m) | 5.79× |
| 2014-08-31 | $22.32M | $4.47M | $2.48M | $5.52M | (m) | $5.96M | $2.23M | (m) | 5.00× |
| 2014-05-31 | $22.28M | $3.81M | $8.55M | (m) | (m) | (m) | $1.63M | (m) | 5.85× |
| 2014-02-28 | $20.39M | $2.70M | $7.00M | (m) | (m) | (m) | $1.26M | (m) | 7.56× |
| 2013-11-30 | $17.64M | $4.42M | $3.91M | (m) | (m) | (m) | $2.38M | (m) | 3.99× |
| 2013-08-31 | $16.93M | $3.66M | $4.31M | (m) | (m) | (m) | $1.83M | (m) | 4.62× |
| 2013-05-31 | $15.90M | $2.76M | $3.18M | (m) | (m) | (m) | $1.27M | (m) | 5.76× |
| 2013-02-28 | $16.93M | $2.34M | $4.26M | (m) | (m) | (m) | $1.25M | (m) | 7.22× |
| 2012-11-30 | $19.31M | $4.01M | $6.82M | (m) | (m) | (m) | $1.81M | (m) | 4.82× |
| 2012-08-31 | $14.06M | $4.00M | $4.14M | (m) | (m) | (m) | $1.82M | (m) | 3.52× |
| 2012-05-31 | $15.23M | $3.87M | $4.47M | (m) | (m) | $3.88M | $1.46M | (m) | 3.94× |
| 2012-02-29 | $14.46M | $2.59M | $3.34M | (m) | (m) | $3.94M | $1.10M | (m) | 5.59× |
| 2011-11-30 | $14.33M | $2.97M | $3.41M | (m) | (m) | $3.97M | $1.50M | (m) | 4.83× |
| 2011-08-31 | $13.49M | $4.40M | $3.27M | (m) | (m) | (m) | $2.03M | (m) | 3.06× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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