Natural Grocers by Vitamin Cottage Balance Sheet Health
Financial Health criteria checks 3/6
Natural Grocers by Vitamin Cottage has a total shareholder equity of $153.9M and total debt of $24.1M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are $663.2M and $509.3M respectively. Natural Grocers by Vitamin Cottage's EBIT is $37.4M making its interest coverage ratio 11. It has cash and short-term investments of $13.6M.
Key information
15.7%
Debt to equity ratio
US$24.09m
Debt
| Interest coverage ratio | 11x |
| Cash | US$13.62m |
| Equity | US$153.86m |
| Total liabilities | US$509.30m |
| Total assets | US$663.16m |
Recent financial health updates
Recent updates
Natural Grocers by Vitamin Cottage: Lacks Margin Of Safety Despite Solid Growth Outlook
Feb 20Natural Grocers by Vitamin Cottage (NYSE:NGVC) Is Paying Out A Dividend Of $0.10
Feb 12
Natural Grocers by Vitamin Cottage: Nourishing Fresh Approach To Growth
Nov 09Natural Grocers: Double-Digit Market Growth, Beneficial Outlook, And Undervalued
Aug 13Natural Grocers by Vitamin Cottage (NYSE:NGVC) Will Pay A Dividend Of $0.10
May 22Natural Grocers by Vitamin Cottage (NYSE:NGVC) Is Due To Pay A Dividend Of $0.10
May 08Natural Grocers: Pressure On Revenue And Margin Growth Continues
Feb 12Natural Grocers by Vitamin Cottage GAAP EPS of $0.19, revenue of $280.46M
Feb 02Natural Grocers by Vitamin Cottage (NYSE:NGVC) Has Announced A Dividend Of $0.10
Nov 21Natural Grocers: Unattractive Upside Potential Ahead Of Q4 Earnings
Nov 16Natural Grocers: Executing On Margins, But Decelerating Growth Needs To Be Monitored
Aug 18Natural Grocers by Vitamin Cottage Is An Organic Inflation Hedge With Room To Grow
May 26Returns On Capital At Natural Grocers by Vitamin Cottage (NYSE:NGVC) Have Stalled
May 23Natural Grocers - Inflation Proof Your Portfolio Naturally
Apr 20Natural Grocers: The Bullish Thesis Is Compelling
Feb 05Does Natural Grocers by Vitamin Cottage (NYSE:NGVC) Have A Healthy Balance Sheet?
Dec 22The Returns On Capital At Natural Grocers by Vitamin Cottage (NYSE:NGVC) Don't Inspire Confidence
Sep 15Natural Grocers Hit By Transitional Turbulence
Aug 24Natural Grocers by Vitamin Cottage (NYSE:NGVC) Has Announced A Dividend Of US$0.07
Aug 09Financial Position Analysis
Short Term Liabilities: NGVC's short term assets ($143.3M) do not cover its short term liabilities ($158.9M).
Long Term Liabilities: NGVC's short term assets ($143.3M) do not cover its long term liabilities ($350.4M).
Debt to Equity History and Analysis
Debt Level: NGVC's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: NGVC's debt to equity ratio has increased from 8.5% to 15.7% over the past 5 years.
Debt Coverage: NGVC's debt is well covered by operating cash flow (249.2%).
Interest Coverage: NGVC's interest payments on its debt are well covered by EBIT (11x coverage).