Northern Technologies International (NTIC) Debt Ratio (2011 - 2026)
Northern Technologies International's Debt Ratio was 0.11 in fiscal Q3 2026 (quarter ended May 31, 2026), up 52.9% from 0.07 a year earlier and up 1.7% from the prior quarter.
Northern Technologies International (NTIC) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Aug 31, 2025), Debt Ratio at Northern Technologies International came in at 0.10, up 110.3% from FY2024.
- In earlier fiscal years, Debt Ratio was 0.05 in FY2024 (+12.5%), 0.04 in FY2023 (-41.1%) and 0.07 in FY2022.
- The fiscal Q3 2026 figure marks the highest quarterly Debt Ratio in data going back to fiscal Q4 2011.
- Compared with a year earlier, Debt Ratio has increased for eight straight quarters, with growth averaging 78.0% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q3 2025 (growth of 139.9%); the worst was fiscal Q2 2024 (a decline of 61.3%).
- Per Business Quant data, NTIC's Debt Ratio in the three fiscal quarters before Q3 2026 was 0.11 (Q2 2026), 0.09 (Q1 2026) and 0.10 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.08 Bn | 213.65 Bn | 4.43 Bn | 0.32 |
| 2 | Corning | 113.97 Bn | 106.54 Bn | 1.63 Bn | 0.26 |
| 3 | Sherwin Williams | 81.98 Bn | 81.03 Bn | 3.34 Bn | 0.45 |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | 0.43 |
| 5 | LyondellBasell Industries | 41.35 Bn | 30.86 Bn | 2.04 Bn | 0.37 |
| 6 | Nutrien | 33.62 Bn | 30.45 Bn | 3.25 Bn | 0.21 |
| 7 | Ati | 24.94 Bn | 22.97 Bn | 309.80 Mn | 0.38 |
| 8 | Qnity Electronics | 24.80 Bn | 21.94 Bn | 666.00 Mn | 0.28 |
| 9 | Ppg Industries | 24.22 Bn | 16.88 Bn | 1.81 Bn | 0.31 |
| 10 | Northern Technologies International | 73.12 Mn | 45.74 Mn | 8.14 Mn | 0.14 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.14 |
| Feb 28, 2026 | 0.14 |
| Nov 30, 2025 | 0.12 |
| Aug 31, 2025 | 0.12 |
| May 31, 2025 | 0.10 |
| Feb 28, 2025 | 0.09 |
| Nov 30, 2024 | 0.08 |
| Aug 31, 2024 | 0.08 |
| May 31, 2024 | 0.05 |
| Feb 29, 2024 | 0.05 |
| Nov 30, 2023 | 0.07 |
| Aug 31, 2023 | 0.07 |
| May 31, 2023 | 0.09 |
| Feb 28, 2023 | 0.08 |
| Nov 30, 2022 | 0.06 |
| Aug 31, 2022 | 0.07 |
| May 31, 2022 | 0.06 |
| Feb 28, 2022 | 0.05 |
| Nov 30, 2021 | 0.03 |
| Nov 30, 2013 | 0.02 |
Northern Technologies International Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NTIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NTIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NTIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();