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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Natural Grocers by Vitamin Cottage's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.06.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Natural Grocers by Vitamin Cottagecouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
NGVC'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.2
Current: 0.06
During the past 13 years, Natural Grocers by Vitamin Cottage's highest Cash to Debt Ratio was 0.20. The lowest was 0.01. And the median was 0.06.
NGVC's Cash-to-Debt is ranked worse than 87.58% of 306
companies
in the Retail - Defensive industry
Industry Median: 0.425
vs NGVC: 0.06
Natural Grocers by Vitamin Cottage (NYSE:NGVC) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Natural Grocers by Vitamin Cottage Cash-to-Debt Related Terms
Natural Grocers by Vitamin Cottage Cash-to-Debt Historical Data
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Natural Grocers by Vitamin Cottage Cash-to-Debt Chart
NGVC vs VLGEA, YSWY, DNUT: Cash-to-Debt Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's Cash-to-Debt falls into.
* 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 (NGVC) has a Cash-to-Debt of 0.06 as of Mar. 2026. This is near median its historical median of 0.06. Over the past decade, Natural Grocers by Vitamin Cottage's Cash-to-Debt has ranged from 0.01 to 0.20. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #268 out of 306 companies in the Retail - Defensive industry, placing it in the top 87.6%.
Is Natural Grocers by Vitamin Cottage's Cash-to-Debt too high?
Natural Grocers by Vitamin Cottage's current Cash-to-Debt of 0.06 is near median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.20. The Retail - Defensive industry median Cash-to-Debt is 0.43. Natural Grocers by Vitamin Cottage's value of 0.06 is 85.9% below this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #268 out of 306 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Cash-to-Debt compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #268 out of 306 companies for Cash-to-Debt. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median Cash-to-Debt is 0.43. Natural Grocers by Vitamin Cottage's value of 0.06 is 85.9% below this benchmark. Historically, Natural Grocers by Vitamin Cottage's own Cash-to-Debt has ranged from 0.01 to 0.20 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.43, Natural Grocers by Vitamin Cottage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Retail - Defensive company?
The median Cash-to-Debt among Retail - Defensive companies is 0.43, based on 306 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current Cash-to-Debt of 0.06 is 85.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Retail - Defensive industry, the median Cash-to-Debt is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Cash-to-Debt is 0.06, which is near median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.43, compared to a current price of $32.18 — trading 17.3% above its estimated fair value. The current Cash-to-Debt is 0.06, which is near median its 10-year median of 0.06 and 85.9% below the Retail - Defensive industry median of 0.43. Natural Grocers by Vitamin Cottage's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Cash-to-Debt is 0.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued.
The current stock price of $32.18 is trading 17.3% above its estimated GF Value™ of $27.43.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
Cash-to-Debt: 0.06 (near median its 10-year median of 0.06)
GF Value™: $27.43 vs. price of $32.18 (17.3% above fair value)
Industry Position: 85.9% below the Retail - Defensive median (#268 of 306)
No single metric tells the full story. See the NGVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Grocers by Vitamin Cottage Business Description
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 has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
84GF Score
Get the complete analysis for NGVC
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