Northern Technologies International (NTIC) Interest Coverage Ratio (2010 - 2026)

Northern Technologies International's (NTIC) quarterly Interest Coverage Ratio came in at 0.61 in Q2 2026, down 45.68% year-on-year from 1.13 in Q2 2025, and up 33.61% quarter-over-quarter from 0.46 in Q1 2026.

Northern Technologies International (NTIC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Northern Technologies International's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 0.61 for Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 45.68% year-over-year to 0.61 in Q2 2026; TTM through May 2026 was 3.27, a 42.68% decrease from a year earlier, with the FY2025 full-year figure at 0.2, down 68.47% from the prior year.
  • Interest Coverage Ratio rose to 0.61 in Q2 2026 per NTIC's latest filing, from 0.46 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 20.74 in Q3 2023 and bottomed at 11.31 in Q3 2025.
  • The 5-year median for Interest Coverage Ratio is 1.37 (2022), against an average of 1.8.
  • Biggest YoY gain for Interest Coverage Ratio was 233.88% in 2024; the steepest drop was 153.53% in 2024.
  • Year by year, Interest Coverage Ratio stood at 1.35 in 2022, then surged by 112.33% to 2.87 in 2023, then fell by 14.56% to 2.46 in 2024, then tumbled by 54.42% to 1.12 in 2025, then slumped by 45.38% to 0.61 in 2026.
  • Per Business Quant, the three latest NTIC Interest Coverage Ratio figures stand at 0.61 (Q2 2026), 0.46 (Q1 2026), and 1.12 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 39.34
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 5.08
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 8.59
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 15.21
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 6.26
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 0.55
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn -15.41
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 0.62
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 1.44
10 Northern Technologies International 77.78 Mn 70.50 Mn 8.14 Mn 0.61

Historic Data

Download Data
DateValue
May 31, 2026 0.61
Feb 28, 2026 0.46
Nov 30, 2025 1.12
Aug 31, 2025 -11.31
May 31, 2025 1.13
Feb 28, 2025 -0.43
Nov 30, 2024 2.46
Aug 31, 2024 -11.10
May 31, 2024 3.18
Feb 29, 2024 4.61
Nov 30, 2023 2.87
Aug 31, 2023 20.74
May 31, 2023 3.23
Feb 28, 2023 1.38
Nov 30, 2022 1.35
Aug 31, 2022 6.77
May 31, 2022 4.31
Feb 28, 2022 1.05
Nov 30, 2021 2.99
Aug 31, 2021 8.64