On this page of Benford's Law Stocks.com we present our study of NORTHERN TECHNOLOGIES INTERNATIONAL CORP — ticker symbol NTIC. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/8/2020 to 1/10/2025 for NORTHERN TECHNOLOGIES INTERNATIONAL CORP under CIK number 0000875582. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NTIC, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NORTHERN TECHNOLOGIES INTERNATIONAL CORP based on the past NTIC filings our system processed in the past.
Benford Chart for NTIC 10Q Filed 1/10/2025
30.1
15.2
12.0
7.2
10.2
7.4
7.6
4.0
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, NTIC stockholder letter ]
Total numbers found: 499
Recent share count: 9,470,507 (9's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
499
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for NTIC = 72
72

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
NTIC's Score Vs. Typical Stock
Benford's Law Stocks Indicator
NTIC
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near NTIC
LIND
MODD
OCGN
PAGP
 MIDD
NEON
NTNX
OSS
Check our work! We provide our NORTHERN TECHNOLOGIES INTERNATIONAL CORP Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NTIC filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 150 numbers that start with the digit 1. Here they are:
16,081,710
19,187,079
1,170,328
1,235,016
14,337,384
14,390,844
1,421,803
17,053,239
16,265,653
1,094,381
18,118,922
17,896,943
1,504,796
1,504,796
106,888
1,611,684
1,604,238
10,000
15,000,000
189,410
189,340
13,175,440
12,847,401
1,129,593
1,102,241
1,284,119
1,248,958
1,343,397
1,105,921
1,106,671
1,376,433
120,220
111,138
1,012,018
1,311,737
1,084,941
189,420
1,084,941
1,383,843
1,386,260
112,387
183,797
1,202,463
188,482
189,420
1,084,941
188,552
189,340
1,263,174
120,669
1,383,843
189,410
1,084,941
147,720
147,655
1,129,593
1,102,241
15,335
1,986,027
1,046,973
195,752
19,024
1,219,616
1,258,336
125,739
14,337,384
14,390,844
1,238,180
1,238,180
14,760,250
14,760,250
10,414,776
10,095,407
17,053,239
16,265,653
1,375,183
1,269,400
147,720
147,655
12,976,356
10,520,571
14,622,568
10,870,660
14,591,663
15,098,196
10,315,283
1,247,500
1,011,687
1,129,593
12,553,716
10,331,990
14,645,783
10,751,504
14,614,878
15,139,701
10,103,800
1,026,907
1,177,575
1,102,241
10.0
10.0
10
1.25
10,000,000
1.45
1,752,667
11.48
13.26
1,997,857
11.69
1,916,887
11,313
13.14
11,313
13.14
111,692
15,475,803
15,405,745
13,175,440
12,847,401
13,088,319
12,097,843
17.1
198,017
15.9
16.1
16.5
148,538
11.6
136,081
10.9
131,460
10.2
103,744
116,226
121,966
110,536
1,284,119
100.0
1,248,958
100.0
1,212,917
1,217,400
10,386,536
17,053,239
16,265,653
1,385,194
1,529,623
120,220
111,138
We found 76 numbers that start with the digit 2. Here they are:
2
2,454,288
25,492,921
25,397,287
2,761,592
2,820,835
256,849
2,710,181
217,441
23,999,854
23,615,564
21,338,393
20,181,675
2,413,712
2,351,199
25,567
217,871
226,796
233,056
21,986,767
22,377,726
23,615,564
233,056
23,999,854
267,155
22,755
2,874,595
285,866
270,194
299,800
2,395,066
227,124
2,019,836
27,468,015
26,361,060
267,155
2,896,469
2,854,532
26,050,938
2,455,785
29,245,133
22,252,293
25,493,228
24,548,560
23,837,010
2,259,187
26,234,664
2,221,726
29,291,562
22,014,594
25,397,287
23,645,685
23,560,661
2,204,482
2.15
2.35
2.50
2.35
2,761,592
2,820,835
283,702
278,993
245,190
21,338,393
20,181,675
21,338,393
20,181,675
220,010
206,329
205,643
2,430,077
2,560,757
21,338,393
20,181,675
217,871
226,796
We found 60 numbers that start with the digit 3. Here they are:
310,000
392,293
324,329
36,682,066
36,831,630
327,781
3,163,372
325,116
3,981,330
3,686,058
3,858,943
3,517,061
301,319
3,496
350,933
350,933
306,942
301,319
3,726,321
3,981,330
3,527
341,890
341,890
341,890
350,933
307,010
371,103
344,621
3,076,892
390,729
38,720
33,142
393,341
3,086,479
307,010
3,498,597
3,459,877
3,276,723
30,652,549
31,700,918
33,072,979
300,116
300,116
30,185,839
31,513,288
32,669,783
323,199
323,199
371,104
371,104
3.25
3,527
3,496
304,930
350,933
36,960
3,689,183
3,228,583
3,994,769
3,678,523
4's 5's 6's
We found 36 numbers that start with the digit 4. Here they are:
4,952,184
40,302,350
41,579,219
4,782,376
4,782,376
424,558
4,518,734
4,291,608
4,093,717
4,267,654
46,442
4,342,524
40,026
40,096
42,400
42,471
4,093,717
423,871
42,471
40,096
4,952,184
4,171,288
4,971,817
4,271,652
4,123,932
459,191
485,814
450,739
450,739
450,739
4,757,686
4,375,075
4,518,734
4,291,608
4.95
4,775,930
We found 51 numbers that start with the digit 5. Here they are:
5,569,834
508,495
544,464
5,573,945
5,682,945
574,876
53,669,366
53,771,211
561,091
589,696
51,004,427
5,623
51,240,016
53,771,211
561,091
53,669,366
525,559
544,411
54,673
5,406,174
5,569,834
5,543,326
5,513,409
5,573,945
5,077,600
5,682,945
5,573,945
56,703,487
51,497,426
5,557,597
505,843
56,420,503
51,306,156
5,728,725
513,453
588,788
5.0
51,727
561,091
580,869
5.05
5,862,590
56.1
56.8
5.1
5.7
5.3
5.2
5,453,786
5,627,202
5,180,391
We found 37 numbers that start with the digit 6. Here they are:
688,806
6,559,744
6,393,355
6,382,124
6,823,403
659,932
659,932
6,516,461
6,382,124
662,936
662,936
64,687
600,000
662,936
659,932
617,650
687,858
6,094,032
602,128
6,347,000
605,345
6,347,000
64,773,897
623,750
64,183,071
62.9
67.6
63,149
6.4
6.2
6.2
67,701
6.0
66,928
6.3
6.2
6,045,735
7's 8's 9's
We found 38 numbers that start with the digit 7. Here they are:
7,645,298
70,213,332
71,193,991
74,307,049
75,175,321
7,334,274
794,147
794,147
702,083
70,698,797
70
71,016,154
75,175,321
71
794,147
7,645,298
74,307,049
794,147
794,395
75,914
73,223
7,298,297
7,276,151
7.07
7.43
751,153
767,456
7,482,618
7,232,380
7.3
79,438
79,064
72,631
77,812
74,957
77,615
7,482,618
7,232,381
We found 20 numbers that start with the digit 8. Here they are:
8,162,953
8,309,040
895,521
800,000
800,000
895,521
8,794,058
8,877,435
8,738,814
8,420,960
8.0
895,521
8,678,706
8,744,024
807,551
874,794
851,452
8.3
8.9
81,067
We found 31 numbers that start with the digit 9. Here they are:
9,470,507
94,037,655
94,676,502
99,442
9,470,507
9,466,980
94,037,655
94,676,502
9,469,994
9,470,507
9,427,588
9,754,209
9,706,581
9,424,101
9,427,597
9,466,980
9,470,507
929,250
9,594
9,845,597
9,806,877
9,956,897
9,030,807
9,470,507
9,427,588
9,754,209
9,706,581
9.1
94,165
9.8
9,421,051
While the above NTIC 10Q Filed 1/10/2025 is interesting in isolation, we have found that it is also useful to take a look at older NORTHERN TECHNOLOGIES INTERNATIONAL CORP filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 1/10/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NTIC 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 1/10/2025
30.1
15.2
12.0
7.2
10.2
7.4
7.6
4.0
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL? ✓  [ original filing ]
Total numbers found: 499

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 4/11/2024
29.4
17.8
10.5
8.4
9.3
8.9
5.2
3.2
7.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL? ✓  [ original filing ]
Total numbers found: 754

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 7/13/2023
28.0
14.6
12.8
6.8
11.1
9.1
6.5
3.6
7.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 782

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10K Filed 11/15/2022
26.3
11.7
11.9
9.4
11.3
9.1
8.5
5.5
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL? ✓  [ original filing ]
Total numbers found: 733

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 1/12/2022
32.4
12.0
11.8
10.4
9.1
9.3
5.8
4.4
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 549

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 4/9/2021
29.1
16.1
12.1
8.3
8.0
7.9
6.4
5.1
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 750

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 7/9/2020
28.2
15.8
13.5
9.9
9.1
7.9
4.6
4.7
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ❌  [ original filing ]
Total numbers found: 1,337

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10K Filed 11/19/2024
25.7
13.9
16.1
9.7
11.1
7.8
6.1
4.1
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL? ✓  [ original filing ]
Total numbers found: 704

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 1/11/2024
26.9
12.8
13.4
6.9
10.5
10.3
5.9
6.7
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL? ✓  [ original filing ]
Total numbers found: 506

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 4/13/2023
29.8
14.5
12.7
7.6
10.1
9.1
4.5
3.4
8.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ✓  [ original filing ]
Total numbers found: 761

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 7/8/2022
28.7
14.7
11.2
8.0
10.8
10.0
7.0
3.5
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 823

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10K Filed 11/19/2021
27.7
14.6
12.6
9.6
9.3
8.4
6.2
5.9
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL? ✓  [ original filing ]
Total numbers found: 728

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 1/8/2021
29.9
14.1
12.4
6.8
9.0
9.0
5.6
6.0
7.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL? ✓  [ original filing ]
Total numbers found: 502

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 4/8/2020
33.4
15.5
13.1
6.6
7.7
8.4
4.8
4.2
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL? ❌  [ original filing ]
Total numbers found: 1,325

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 7/11/2024
27.2
16.7
14.2
7.4
9.5
6.4
6.4
4.7
7.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 779

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10K Filed 11/21/2023
25.8
14.2
12.1
10.0
12.3
8.8
6.7
4.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL? ✓  [ original filing ]
Total numbers found: 702

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 1/12/2023
27.4
12.9
10.4
8.7
12.9
10.4
5.6
5.0
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL? ✓  [ original filing ]
Total numbers found: 519

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 4/8/2022
29.6
14.2
14.0
10.0
8.7
7.8
5.9
3.7
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 812

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10Q Filed 7/9/2021
24.0
17.7
11.5
8.4
10.0
8.4
7.9
4.9
7.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL? ✓  [ original filing ]
Total numbers found: 751

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
10K Filed 11/13/2020
28.5
15.2
13.0
9.2
10.6
7.7
5.2
5.2
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL? ❌  [ original filing ]
Total numbers found: 1,606

■ = Typical NTIC range from 4/8/2020 to 1/10/2025
LPAAU 10K Filed 3/26/2025:
49
PL 10K Filed 3/26/2025:
98
JTAI 10K Filed 3/26/2025:
85
BCDA 10K Filed 3/26/2025:
84
CCIRU 10K Filed 3/26/2025:
33
UTMD 10K Filed 3/26/2025:
94
SNAL 10K Filed 3/26/2025:
74
MVIS 10K Filed 3/26/2025:
67
ARKB 10K Filed 3/26/2025:
22
CETH 10K Filed 3/26/2025:
53
CAPNU 10K Filed 3/26/2025:
61
VRNT 10K Filed 3/26/2025:
88
HOFV 10K Filed 3/26/2025:
89
FDSB 10K Filed 3/26/2025:
56
ECBK 10K Filed 3/26/2025:
94
PAYX 10Q Filed 3/26/2025:
78
ADBE 10Q Filed 3/26/2025:
62
EPAC 10Q Filed 3/26/2025:
93
FINW 10K Filed 3/26/2025:
99
ELA 10K Filed 3/26/2025:
88
MAMO 10K Filed 3/26/2025:
92
FENC 10K Filed 3/26/2025:
68
BPT 10K Filed 3/26/2025:
89
OLLI 10K Filed 3/26/2025:
71
IGTAU 10K Filed 3/26/2025:
79
USIO 10K Filed 3/26/2025:
44
TNON 10K Filed 3/26/2025:
89
BOTJ 10K Filed 3/26/2025:
77
ISPO 10K Filed 3/26/2025:
88
NKTX 10K Filed 3/26/2025:
85
JWSUF 10K Filed 3/26/2025:
73
S 10K Filed 3/26/2025:
97
VBFC 10K Filed 3/26/2025:
98
GRDN 10K Filed 3/26/2025:
88
CATX 10K Filed 3/26/2025:
36
DLTR 10K Filed 3/26/2025:
84
ZNTL 10K Filed 3/26/2025:
76
SONX 10K Filed 3/26/2025:
85
BBGI 10K Filed 3/26/2025:
47
RDACU 10K Filed 3/26/2025:
12
 

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