Northern Technologies International (NTIC) Interest Coverage Ratio (2010 - 2026)
Northern Technologies International (NTIC) posted quarterly Interest Coverage Ratio of 0.61 for Q2 2026, down 45.68% year-over-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.
- In Q2 2026, Interest Coverage Ratio fell 45.68% year-over-year to 0.61; the TTM figure through May 2026 stood at 3.27 (down 42.68% YoY), while the FY2025 annual figure was 0.2, down 68.47% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 0.61, up from 0.46 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 20.74 in Q3 2023, with the low at 26.79 in Q3 2025.
- The 5-year median for Interest Coverage Ratio is 1.37 (2022), against an average of 0.94.
- Peak annual rise in Interest Coverage Ratio reached 233.88% in 2024, while the deepest fall reached 153.53% in 2024.
- Northern Technologies International's Interest Coverage Ratio stood at 1.35 in 2022, then jumped by 112.33% to 2.87 in 2023, then declined by 14.56% to 2.46 in 2024, then plunged by 54.42% to 1.12 in 2025, then tumbled by 45.38% to 0.61 in 2026.
- Business Quant data shows NTIC's Interest Coverage Ratio at 0.61 in Q2 2026, 0.46 in Q1 2026, and 1.12 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 41.87 |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 9.08 |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | -10.37 |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | -42.45 |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 9.32 |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -15.41 |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 11.18 |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 3.43 |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 8.00 |
| 10 | Northern Technologies International | 77.30 Mn | 70.03 Mn | 8.14 Mn | 2.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.61 |
| Feb 28, 2026 | 0.46 |
| Nov 30, 2025 | 1.12 |
| Aug 31, 2025 | -26.79 |
| 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 |