Northern Technologies International (NTIC) Interest Coverage Ratio (2010 - 2026)
Northern Technologies International's (NTIC) Interest Coverage Ratio was 2.53 for fiscal Q3 2026 (quarter ended May 31, 2026), down 52.8% from 5.35 a year earlier but up 29.9% from the prior quarter.
Northern Technologies International (NTIC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Over the twelve months ended May 31, 2026, Northern Technologies International's Interest Coverage Ratio came in at 3.54, down 58.7% year-over-year; for FY2025 (ended Aug 31, 2025), it was 4.28, down 81.5% from FY2024.
- By fiscal year, Interest Coverage Ratio came in at 23.13 in FY2024 (+77.4%), 13.04 in FY2023 (-77.4%), 57.78 in FY2022 (-88.8%) and 517.40 in FY2021 (+422.4%).
- Five-year quarterly Interest Coverage Ratio spans a low of -2.39 in fiscal Q2 2025 and a high of 438.12 in fiscal Q1 2022.
- Year over year, Interest Coverage Ratio gained in 1 of the last six quarters, with an average decline of 40.6%.
- The high point for year-over-year Interest Coverage Ratio in five years was fiscal Q2 2024 (growth of 301.6%); the low point was fiscal Q1 2023 (a decline of 97.9%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 1.95 (Q2 2026), 4.67 (Q1 2026) and 5.21 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.45 Bn | 213.03 Bn | 4.43 Bn | 41.87 |
| 2 | Corning | 116.59 Bn | 109.15 Bn | 1.63 Bn | 7.43 |
| 3 | Sherwin Williams | 82.19 Bn | 81.23 Bn | 3.34 Bn | 9.08 |
| 4 | Air Products & Chemicals | 67.40 Bn | 62.58 Bn | 1.04 Bn | -42.45 |
| 5 | LyondellBasell Industries | 40.93 Bn | 30.44 Bn | 2.04 Bn | 11.18 |
| 6 | Nutrien | 33.12 Bn | 29.95 Bn | 3.25 Bn | 10.27 |
| 7 | Qnity Electronics | 25.20 Bn | 22.33 Bn | 666.00 Mn | 6.03 |
| 8 | Ppg Industries | 24.54 Bn | 17.20 Bn | 1.81 Bn | 9.32 |
| 9 | Ati | 24.54 Bn | 22.56 Bn | 309.80 Mn | - |
| 10 | Northern Technologies International | 71.98 Mn | 44.60 Mn | 8.14 Mn | 2.53 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2.53 |
| Feb 28, 2026 | 1.95 |
| Nov 30, 2025 | 4.67 |
| Aug 31, 2025 | 5.21 |
| May 31, 2025 | 5.35 |
| Feb 28, 2025 | -2.39 |
| Nov 30, 2024 | 9.21 |
| Aug 31, 2024 | 30.25 |
| May 31, 2024 | 25.42 |
| Feb 29, 2024 | 28.37 |
| Nov 30, 2023 | 12.38 |
| Aug 31, 2023 | 20.74 |
| May 31, 2023 | 14.00 |
| Feb 28, 2023 | 7.07 |
| Nov 30, 2022 | 9.08 |
| Aug 31, 2022 | 29.32 |
| May 31, 2022 | 76.65 |
| Feb 28, 2022 | 60.13 |
| Nov 30, 2021 | 438.12 |
| Aug 31, 2021 | 416.55 |
Northern Technologies International Interest Coverage 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=interest-coverage-ratio&ticker=NTIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=NTIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();