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| Date | Value |
|---|---|
| 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 |