Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 1.72 is 27% below its 5-year average of 2.37, near the low end of its 5-year range (1.72–4.93).
As of the fiscal period ended Sunday, May 31, 2026. 6.43% below its 12-month average of 1.84.
Reported quarterly current ratio; no daily interpolation. Q3 FY2026 (2026-05-31): 1.72.
CURRENT RATIO
1.72
CURRENT RATIO AVG TTM
1.84
CURRENT RATIO AVG 3Y
2.20
CURRENT RATIO AVG 5Y
2.37
CURRENT RATIO AVG 10Y
3.72
CURRENT RATIO AVG 15Y
4.25
CURRENT RATIO AVG 20Y
3.85
CURRENT VS TTM AVG
-6.43%
CURRENT VS 3Y AVG
-21.68%
CURRENT VS 5Y AVG
-27.45%
CURRENT VS 10Y AVG
-53.82%
CURRENT VS 15Y AVG
-59.51%
CURRENT VS 20Y AVG
-55.34%
SECTOR MEDIAN · BASIC MATERIALS
2.08
median of 128 covered companies
CURRENT VS SECTOR MEDIAN
-17.33%
vs the sector median at left
Northern Technologies International Corporation
Market Cap
$73.37M
Current Ratio
1.72
TTM Avg
1.84
3Y Avg
2.20
5Y Avg
2.37
Market Cap
$78.74M
Current Ratio
2.43
TTM Avg
2.71
3Y Avg
2.64
5Y Avg
1.79
Market Cap
$53.38M
Current Ratio
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$50.80M
Current Ratio
0.33
TTM Avg
0.65
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$39.38M
Current Ratio
0.12
TTM Avg
0.32
3Y Avg
0.22
5Y Avg
0.18
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northern Technologies International Corporation (NTIC) | $73.37M | 1.72 | 1.84 | 2.20 | 2.37 |
| Atlas Lithium Corporation (ATLX)vs › | $78.74M | 2.43 | 2.71 | 2.64 | 1.79 |
| Julong Holding Limited (JLHL)vs › | $80.12M | 1.21 | 1.15 | 1.27 | 1.27 |
| Nexmetals Mining Corp. (NEXM)vs › | $65.59M | 5.16 | 3.24 | 2.64 | 2.85 |
| Namib Minerals (NAMM)vs › | $63.87M | 0.30 | 0.24 | 0.22 | 1.51 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.38M | 0.88 | 0.27 | 0.24 | 2.97 |
| Caesarstone Ltd. (CSTE)vs › | $95.09M | 1.59 | 2.06 | 2.31 | 2.32 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $50.80M | 0.33 | 0.65 | 0.80 | 0.80 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.38M | 0.12 | 0.32 | 0.22 | 0.18 |
| Largo Inc. (LGO)vs › | $36.02M | 0.54 | 0.67 | 2.13 | 2.58 |
Current Ratio
1.72
Quick Ratio
1.15
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-05-31 | 1.72 |
| 2026-02-28 | 1.81 |
| 2025-11-30 | 1.77 |
| 2025-08-31 | 1.86 |
| 2025-05-31 | 2.03 |
| 2025-02-28 | 2.18 |
| 2024-11-30 | 2.22 |
| 2024-08-31 | 2.32 |
| 2024-05-31 | 2.56 |
| 2024-02-29 | 2.79 |
| 2023-11-30 | 2.41 |
| 2023-08-31 | 2.37 |
| 2023-05-31 | 2.49 |
| 2023-02-28 | 2.46 |
| 2022-11-30 | 2.75 |
| 2022-08-31 | 2.36 |
| 2022-05-31 | 2.74 |
| 2022-02-28 | 2.91 |
| 2021-11-30 | 3.27 |
| 2021-08-31 | 3.96 |
| 2021-05-31 | 4.93 |
| 2021-02-28 | 4.66 |
| 2020-11-30 | 4.86 |
| 2020-08-31 | 5.45 |
| 2020-05-31 | 7.29 |
| 2020-02-29 | 5.40 |
| 2019-11-30 | 4.77 |
| 2019-08-31 | 4.25 |
| 2019-05-31 | 4.85 |
| 2019-02-28 | 4.66 |
| 2018-11-30 | 4.90 |
| 2018-08-31 | 3.95 |
| 2018-05-31 | 4.59 |
| 2018-02-28 | 4.30 |
| 2017-11-30 | 4.50 |
| 2017-08-31 | 5.33 |
| 2017-05-31 | 5.14 |
| 2017-02-28 | 4.10 |
| 2016-11-30 | 4.86 |
| 2016-08-31 | 5.24 |
| 2016-05-31 | 5.65 |
| 2016-02-29 | 7.37 |
| 2015-11-30 | 5.18 |
| 2015-08-31 | 5.25 |
| 2015-05-31 | 5.91 |
| 2015-02-28 | 8.02 |
| 2014-11-30 | 5.79 |
| 2014-08-31 | 5.00 |
| 2014-05-31 | 5.85 |
| 2014-02-28 | 7.56 |
| 2013-11-30 | 3.99 |
| 2013-08-31 | 4.62 |
| 2013-05-31 | 5.76 |
| 2013-02-28 | 7.22 |
| 2012-11-30 | 4.82 |
| 2012-08-31 | 3.52 |
| 2012-05-31 | 3.94 |
| 2012-02-29 | 5.59 |
| 2011-11-30 | 4.83 |
| 2011-08-31 | 3.06 |
| 2011-05-31 | 3.13 |
| 2011-02-28 | 3.47 |
| 2010-11-30 | 3.82 |
| 2010-08-31 | 2.22 |
| 2010-05-31 | 2.49 |
| 2010-02-28 | 2.64 |
| 2009-11-30 | 2.77 |
| 2009-08-31 | 1.73 |
| 2009-05-31 | 3.35 |
| 2009-02-28 | 3.74 |
| 2008-11-30 | 4.30 |
| 2008-08-31 | 2.24 |
| 2008-05-31 | 2.85 |
| 2008-02-29 | 3.26 |
| 2007-11-30 | 2.30 |
| 2007-08-31 | 2.43 |
| 2007-05-31 | 2.01 |
| 2007-02-28 | 2.07 |
| 2006-11-30 | 1.57 |
| 2006-08-31 | 1.56 |
| 2006-05-31 | 2.00 |
| 2006-02-28 | 2.03 |
| 2005-11-30 | 2.14 |
| 2005-08-31 | 1.79 |
| 2005-05-31 | 1.80 |
| 2005-02-28 | 1.98 |
| 2004-11-30 | 2.10 |
| 2004-08-31 | 2.80 |
| 2004-05-31 | 4.20 |
| 2004-02-29 | 4.59 |
| 2003-11-30 | 3.90 |
| 2003-08-31 | 5.16 |
| 2003-05-31 | 6.77 |
| 2003-02-28 | 5.73 |
| 2002-11-30 | 7.36 |
| 2002-08-31 | 8.60 |