For the quarter ending 2026-02-28, NTIC has $104,897,921 in assets. $6,469,750 in cash and cash equivalents.
| Balance Sheets | 2026-02-28 | 2025-08-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 6,469,750 | 7,250,523 | ||
| Trade, less allowance for credit losses of 290,493 as of february 28, 2026 and 235,000 as of august 31, 2025 | 18,033,990 | 18,443,230 | ||
| Fees for services provided to joint ventures | 897,177 | 1,077,552 | ||
| Income taxes | 704,897 | 340,002 | ||
| Inventories, net | 16,506,777 | 15,525,230 | ||
| Prepaid expenses | 2,607,340 | 1,706,279 | ||
| Total current assets | 45,219,931 | 44,342,816 | ||
| Property and equipment, net | 15,918,752 | 15,183,918 | ||
| Investments in joint ventures | 29,748,064 | 28,611,777 | ||
| Deferred income tax, net | 430,745 | 503,575 | ||
| Intangible assets, net-Intangible Assets Excluding Patents And Trademarks | - | 8,827,768 | ||
| Intangible assets, net | 8,399,365 | - | ||
| Goodwill | 4,782,376 | 4,782,376 | ||
| Operating lease right of use assets | 398,688 | 493,050 | ||
| Total other assets | 43,759,238 | 43,218,546 | ||
| Total assets | 104,897,921 | 102,745,280 | ||
| Line of credit | 11,282,291 | 9,329,021 | ||
| Term loan, current portion | 2,976,455 | 2,860,256 | ||
| Accounts payable | 8,269,041 | 8,044,196 | ||
| Income taxes payable | 193,164 | 414,304 | ||
| Payroll and related benefits | 1,568,219 | 1,844,817 | ||
| Other | 551,066 | 1,066,761 | ||
| Current portion of operating leases | 177,939 | 344,739 | ||
| Total current liabilities | 25,018,175 | 23,904,094 | ||
| Deferred income tax, net | 1,513,166 | 1,513,166 | ||
| Term loans, noncurrent portion | 421,839 | 466,984 | ||
| Operating leases, less current portion | 220,749 | 148,311 | ||
| Total long-term liabilities | 2,155,754 | 2,128,461 | ||
| Preferred stock, no par value authorized 10,000 shares none issued and outstanding | 0 | 0 | ||
| Common stock, 0.02 par value per share authorized 15,000,000 shares issued and outstanding 9,492,001 and 9,475,490 as of february 28, 2026 and august 31, 2025, respectively | 189,840 | 189,510 | ||
| Additional paid-in capital | 25,706,091 | 25,056,976 | ||
| Retained earnings | 52,286,237 | 52,273,469 | ||
| Accumulated other comprehensive loss | -4,896,833 | -5,371,201 | ||
| Stockholders equity | 73,285,335 | 72,148,754 | ||
| Non-controlling interests | 4,438,657 | 4,563,971 | ||
| Total equity | 77,723,992 | 76,712,725 | ||
| Total liabilities and equity | 104,897,921 | 102,745,280 | ||
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)