Northern Technologies Stock Retained Earnings
NTIC Stock | USD 12.94 0.41 3.07% |
Northern Technologies fundamentals help investors to digest information that contributes to Northern Technologies' financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northern Technologies stock.
Last Reported | Projected for Next Year | ||
Retained Earnings | 58.7 M | 61.6 M | |
Retained Earnings Total Equity | 58.3 M | 41.9 M |
Northern | Retained Earnings |
Northern Technologies Company Retained Earnings Analysis
Northern Technologies' Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Northern Technologies Retained Earnings | 51 M |
Most of Northern Technologies' fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northern Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Northern Technologies is extremely important. It helps to project a fair market value of Northern Stock properly, considering its historical fundamentals such as Retained Earnings. Since Northern Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northern Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northern Technologies' interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition |
Based on the latest financial disclosure, Northern Technologies has a Retained Earnings of 51 M. This is 99.73% lower than that of the Chemicals sector and 95.66% lower than that of the Materials industry. The retained earnings for all United States stocks is 99.45% higher than that of the company.
Northern Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Technologies' direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northern Technologies could also be used in its relative valuation, which is a method of valuing Northern Technologies by comparing valuation metrics of similar companies.Northern Technologies is currently under evaluation in retained earnings category among its peers.
Northern Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northern Technologies from analyzing Northern Technologies' financial statements. These drivers represent accounts that assess Northern Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Technologies' important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 75.6M | 152.0M | 108.6M | 120.7M | 108.7M | 114.1M | |
Enterprise Value | 69.9M | 144.7M | 109.7M | 122.1M | 109.9M | 115.4M |
Northern Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Northern Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Northern Technologies' managers, analysts, and investors.Environmental | Governance | Social |
Northern Fundamentals
Return On Equity | 0.0841 | ||||
Return On Asset | 0.0079 | ||||
Profit Margin | 0.05 % | ||||
Operating Margin | 0.01 % | ||||
Current Valuation | 121.77 M | ||||
Shares Outstanding | 9.47 M | ||||
Shares Owned By Insiders | 17.60 % | ||||
Shares Owned By Institutions | 42.80 % | ||||
Number Of Shares Shorted | 144.68 K | ||||
Price To Earning | 16.72 X | ||||
Price To Book | 1.78 X | ||||
Price To Sales | 1.49 X | ||||
Revenue | 79.9 M | ||||
Gross Profit | 23.07 M | ||||
EBITDA | 1.2 M | ||||
Net Income | 4.24 M | ||||
Cash And Equivalents | 6.13 M | ||||
Cash Per Share | 0.66 X | ||||
Total Debt | 6.79 M | ||||
Debt To Equity | 0.07 % | ||||
Current Ratio | 2.74 X | ||||
Book Value Per Share | 7.29 X | ||||
Cash Flow From Operations | 5.54 M | ||||
Short Ratio | 11.93 X | ||||
Earnings Per Share | 0.46 X | ||||
Target Price | 20.0 | ||||
Number Of Employees | 224 | ||||
Beta | 0.62 | ||||
Market Capitalization | 122.5 M | ||||
Total Asset | 89.34 M | ||||
Retained Earnings | 51 M | ||||
Working Capital | 22.95 M | ||||
Current Asset | 20.94 M | ||||
Current Liabilities | 3.99 M | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 2.94 % | ||||
Net Asset | 89.34 M | ||||
Last Dividend Paid | 0.28 |
About Northern Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:Check out Northern Technologies Piotroski F Score and Northern Technologies Altman Z Score analysis. For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 0.28 | Earnings Share 0.46 | Revenue Per Share 8.752 | Quarterly Revenue Growth (0.01) |
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.