Natural Grocers by Vitamin Cottage Balance Sheet Health
Financial Health criteria checks 4/6
Natural Grocers by Vitamin Cottage has a total shareholder equity of $174.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $655.5M and $481.2M respectively. Natural Grocers by Vitamin Cottage's EBIT is $47.0M making its interest coverage ratio 11.2. It has cash and short-term investments of $8.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 11.2x |
| Cash | US$8.87m |
| Equity | US$174.25m |
| Total liabilities | US$481.22m |
| Total assets | US$655.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N2V's short term assets ($147.1M) do not cover its short term liabilities ($164.1M).
Long Term Liabilities: N2V's short term assets ($147.1M) do not cover its long term liabilities ($317.1M).
Debt to Equity History and Analysis
Debt Level: N2V is debt free.
Reducing Debt: N2V has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: N2V has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: N2V has no debt, therefore coverage of interest payments is not a concern.