GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC) » Definitions » Debt-to-Equity

Natural Grocers by Vitamin Cottage (Natural Grocers by Vitamin Cottage) Debt-to-Equity : 2.48 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

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

Natural Grocers by Vitamin Cottage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $45 Mil. Natural Grocers by Vitamin Cottage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $336 Mil. 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 debt to equity for the quarter that ended in Dec. 2023 was 2.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

NGVC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21   Med: 0.45   Max: 3.3
Current: 2.48

During the past 13 years, the highest Debt-to-Equity Ratio of Natural Grocers by Vitamin Cottage was 3.30. The lowest was 0.21. And the median was 0.45.

NGVC's Debt-to-Equity is ranked worse than
86.69% of 278 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs NGVC: 2.48

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

The historical data trend for Natural Grocers by Vitamin Cottage's Debt-to-Equity 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 Debt-to-Equity Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 2.31 2.81 2.53 2.17

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
Debt-to-Equity 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 2.43 2.30 2.26 2.17 2.48

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

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Retail - Defensive Industry

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

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



Natural Grocers by Vitamin Cottage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


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

Thank you for viewing the detailed overview of Natural Grocers by Vitamin Cottage's Debt-to-Equity 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