| Address:
|
4201 WOODLAND ROAD
PO BOX 69 |
| City: |
CIRCLE PINES |
|
State: |
MN |
|
Zip Code: |
55014 |
| Telephone: |
(763) 225-6601 |
|
Description of Business
|
Primary SIC Code:
3470 |
| (As filed with the SEC)
|
|
|
Northern Technologies International Corporation develops and markets proprietary
environmentally beneficial products and services in over 55 countries either
directly or via a network of joint ventures, independent distributors and
agents. NTIC's primary business is corrosion prevention marketed mainly under
the ZERUST® brand. NTIC has been selling its proprietary ZERUST® rust and
corrosion inhibiting products and services to the automotive, agriculture,
electronics, electrical, mechanical, military and retail consumer markets for
over 35 years, and more recently, has targeted and expanded into the oil and gas
industry. NTIC also sells a portfolio of bio-based and biodegradable
(compostable) polymer resin compounds and finished products marketed under the
Natur-Tec® brand. These products are intended to reduce NTIC's customers' carbon
footprint and provide environmentally sound disposal options.
In fiscal 2011, 95. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 11/2011 | 0.91 | NA | 14.75 | | 08/2011 | 0.89 | NA | 18.48 | | 05/2011 | 0.86 | NA | 18.62 | | 02/2011 | 0.84 | NA | 19.18 | | 11/2010 | 0.72 | NA | 19.43 | | 08/2010 | 0.61 | NA | 16.02 | | 05/2010 | 0.09 | NA | 120.00 | | 02/2010 | -0.30 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
08/31 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.38 | Total Liab/Total Assets | 0.14 | | Net Inc/Total Assets | 0.10 | Total Liab/Inv Cap | 0.15 | | Net Inc/Inv Cap | 0.11 | Total Liab/Comm Equity | 0.54 | | Pretax Inc/Net Sales | 0.24 | Interest Coverage Ratio | 79.97 | | Net Inc/Net Sales | 0.20 | Curr Debt/Equity | 0.00 | | Cash Flow/Net Sales | -0.06 | LTD/Equity | 0.03 | | SG&A/NetSales | 0.48 | Total Debt/Equity | 0.03 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 3.48 | Quick Ratio | 2.19 | | Inventory Turnover | 3.41 | Current Ratio | 3.06 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.45 | | Net Sales/Work Cap | 2.15 | Inv/Curr Assets | 0.28 | | Net Sales/PP&E | 5.37 | | |
Income Statement (Millions) |
| |
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Total Revenues(Net Sales)
|
4.83
|
5.55
|
5.10
|
4.78
|
|
Cost of Goods Sold
|
3.21
|
3.61
|
3.46
|
3.01
|
|
Selling & Admin Exps
|
2.58
|
2.32
|
2.54
|
2.24
|
|
Operating Income
|
1.03
|
1.20
|
1.24
|
1.16
|
|
Interest Exp
|
0.01
|
0.01
|
0.01
|
0.02
|
|
Pretax Income
|
1.04
|
1.29
|
1.25
|
1.14
|
|
Other Income
|
0.01
|
0.10
|
0.02
|
0.01
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
0.96
|
1.03
|
1.02
|
0.95
|
|
Assets
|
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Cash & Short Term Investments
|
3.41
|
3.27
|
2.68
|
1.86
|
|
Receivables - Total
|
6.24
|
6.02
|
5.74
|
6.57
|
|
Inventories - Total
|
3.97
|
3.84
|
4.40
|
4.15
|
|
Total Current Assets
|
14.33
|
13.49
|
13.08
|
13.02
|
|
Net Property, Plant & Equipment
|
3.59
|
3.64
|
3.59
|
3.36
|
|
Total Assets
|
39.04
|
40.04
|
38.70
|
36.64
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
2.66
|
4.15
|
3.90
|
3.44
|
|
Debt in Current Liabilities
|
0.08
|
0.08
|
0.01
|
0.01
|
|
Total Current Liabilities
|
2.97
|
4.40
|
4.17
|
3.75
|
|
Long-Term Debt
|
0.99
|
1.01
|
1.09
|
1.11
|
|
Total Liabilities
|
4.02
|
5.51
|
5.34
|
4.93
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
0.06
|
0.09
|
0.08
|
0.07
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.09
|
0.09
|
0.09
|
0.09
|
|
Retained Earnings
|
22.77
|
21.81
|
20.78
|
19.76
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
35.02
|
34.53
|
33.36
|
31.70
|
|
Total Liabilities and Stockholders' Equity
|
39.04
|
40.04
|
38.70
|
36.64
|
Cash Flow Summary (Millions) |
|
Categories
|
11/30/2011
|
8/31/2011
|
5/31/2011
|
2/28/2011
|
|
Net Cash Provided by Operating Activities
|
-1.79
|
0.68
|
0.60
|
-0.42
|
|
Net Cash Provided by Investing Activities
|
1.94
|
-0.10
|
0.20
|
0.85
|
|
Net Cash Provided by Financing Activities
|
0.00
|
0.01
|
-0.00
|
0.13
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 08/2007 | 16.83 | 3.22 | 0.87 | | 08/2008 | 12.69 | 2.55 | 0.68 | | 08/2009 | 8.58 | -3.34 | -0.89 | | 08/2010 | 14.39 | 2.58 | 0.61 | | 08/2011 | 19.53 | 3.90 | 0.89 | | Growth Rates | 3.79 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 8 | 381 | 8.68 |
|
Report Date :
2/6/2012
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