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Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Equity-to-Asset : 0.23 (As of Dec. 2023)


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What is Natural Grocers by Vitamin Cottage Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Natural Grocers by Vitamin Cottage's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $154 Mil. Natural Grocers by Vitamin Cottage's Total Assets for the quarter that ended in Dec. 2023 was $663 Mil. Therefore, Natural Grocers by Vitamin Cottage's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Natural Grocers by Vitamin Cottage's Equity-to-Asset or its related term are showing as below:

NGVC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 0.53
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of Natural Grocers by Vitamin Cottage was 0.53. The lowest was 0.20. And the median was 0.45.

NGVC's Equity-to-Asset is ranked worse than
76.51% of 315 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs NGVC: 0.23

Natural Grocers by Vitamin Cottage Equity-to-Asset Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Natural Grocers by Vitamin Cottage Equity-to-Asset Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.25 0.22 0.24 0.26

Natural Grocers by Vitamin Cottage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.25 0.25 0.26 0.23

Competitive Comparison of Natural Grocers by Vitamin Cottage's Equity-to-Asset

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Natural Grocers by Vitamin Cottage's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Equity-to-Asset falls into.



Natural Grocers by Vitamin Cottage Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Natural Grocers by Vitamin Cottage's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=170.841/669.185
=0.26

Natural Grocers by Vitamin Cottage's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=153.86/663.157
=0.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Natural Grocers by Vitamin Cottage Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Natural Grocers by Vitamin Cottage's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Business Description

Traded in Other Exchanges
Address
12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.
Executives
Todd Dissinger officer: Chief Financial Officer C/O NATURAL GROCERS BY VITAMIN COTTAGE, 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Dyami Isely-parvanta other: 13D Group Member 12612 WEST ALAMEDA PKWY., LAKEWOOD CO 80228
Zephyr Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Elizabeth Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Kemper & Virginia Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Heather C. Isely 2012 Irrevocable Family Trust other: 13D Group Member PO BOX 260169, LAKEWOOD CO 80226-0169
Robert Linnane other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charles Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PKWY, LAKEWOOD CO 80228
David C. Rooney director 12612 W. ALAMEDA PKWY., LAKEWOOD CO 80228
Ritchie K. Isely other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Masala Isely-rice other: 13D Group Member 12612 WEST ALAMEDA PARKWAY, LAKEWOOD CO 80228
Charity Isely other: 13D Group Member 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Sandra Buffa officer: Chief Financial Officer 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Elizabeth Isely director, officer: Executive Vice President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228
Kemper Isely director, officer: Chairman & Co-President 12612 W. ALAMEDA PARKWAY, LAKEWOOD CO 80228