Debt to EBITDA ratio Analysis of Northern Technologies - Deep Dive
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Fundamentals
Fundamentals
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PivotPointDebt to EBITDA of NTIC
Aug-230.441Excellent Debt to EBITDA | Aug-220.637Excellent Debt to EBITDA | Growth-30.70% |
Debt to EBITDA Analysis of Northern Technologies
| Debt to EBITDA Ratio 0.441 of Northern Technologies shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of NTIC drastically fell by -30.70 % this year. |
| Debt to EBITDA Ratio with value of 0.637 was highest in Year Aug-22 in last Five Years. |
| Debt to EBITDA Ratio with value of 0 was lowest in Year Aug-19 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 0.441 is Greater than Average Debt to EBITDA of 0.254 in last five years. |
Other Debt to EBITDA Related Info of NTIC that may interest you.
Northern Technologies Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NTIC | 17.14 | 17.49 | 2.00 % | Specialty Chemicals |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Debt to EBITDA of Northern Technologies
| Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 0.441 | 0.637 | 0.0307 | 0.160 | 0 | 0 | 0 |
| Change | -30.70 % | 1972.53 % | -80.75 % |
FY Chart of Debt to EBITDA of Northern Technologies
Note : All Data Generated at the End of Trading Hours (EOD Data)