XML 64 R47.htm IDEA: XBRL DOCUMENT v3.10.0.1
Note 6 - Investments in Joint Ventures - Condensed Balance Sheet of EXCOR and All Other Joint Ventures (Details) - USD ($)
Aug. 31, 2018
Aug. 31, 2017
Current assets $ 58,086,747 $ 51,518,210
Total assets 62,803,261 55,633,891
Current liabilities 15,991,886 15,118,074
Noncurrent liabilities 403,653 181,210
Joint ventures’ equity 46,407,722 40,334,607
Northern Technologies International Corporation’s share of joint ventures’ equity 22,950,995 20,035,074
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 20,921,783 17,960,860
EXCOR [Member]    
Current assets 27,354,788 22,142,514
Total assets 30,033,750 24,301,194
Current liabilities 4,535,954 4,469,567
Noncurrent liabilities
Joint ventures’ equity 25,497,796 19,831,627
Northern Technologies International Corporation’s share of joint ventures’ equity 12,748,899 9,915,816
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings 12,717,994 9,884,911
All Other [Member]    
Current assets 30,731,959 29,375,696
Total assets 32,769,511 31,332,697
Current liabilities 11,455,932 10,648,507
Noncurrent liabilities 403,653 181,210
Joint ventures’ equity 20,909,926 20,502,980
Northern Technologies International Corporation’s share of joint ventures’ equity 10,195,263 10,119,258
Northern Technologies International Corporation’s share of joint ventures’ undistributed earnings $ 8,203,789 $ 8,075,949