NGVC (Natural Grocers by Vitamin Cottage) Debt-to-Asset : 0.47 (As of Mar. 2026)

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NGVC Natural Grocers by Vitamin Cottage Inc NGVC
86 GF Score
Price $32.73
GF Value $27.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Debt-to-Asset?

Natural Grocers by Vitamin Cottage NGVC -0.61% 86 Debt-to-Asset is 0.47 as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.38 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Natural Grocers by Vitamin Cottage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $41 Mil. Natural Grocers by Vitamin Cottage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $283 Mil. Natural Grocers by Vitamin Cottage's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $685 Mil. Natural Grocers by Vitamin Cottage's debt to asset for the quarter that ended in Mar. 2026 was 0.47.

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

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

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

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage's Debt-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.

Natural Grocers by Vitamin Cottage Debt-to-Asset Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.59 0.55 0.53 0.50

Natural Grocers by Vitamin Cottage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-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 0.51 0.51 0.50 0.49 0.47

NGVC vs YSWY, VLGEA, DNUT: Debt-to-Asset Comparison

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

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

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


NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Natural Grocers by Vitamin Cottage's Debt-to-Asset for the fiscal year that ended in Sep. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(40.556 + 291.463) / 670.504
=0.50

Natural Grocers by Vitamin Cottage's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(41.485 + 283.037) / 684.701
=0.47

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.47 mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Debt-to-Asset of 0.47 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Natural Grocers by Vitamin Cottage and its competitors.
Is Natural Grocers by Vitamin Cottage's Debt-to-Asset too high?
Natural Grocers by Vitamin Cottage's current Debt-to-Asset is 0.47. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Debt-to-Asset compare to YSWY and VLGEA?
Natural Grocers by Vitamin Cottage's Debt-to-Asset of 0.47 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Retail - Defensive company?
A good Debt-to-Asset depends on the Retail - Defensive industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Natural Grocers by Vitamin Cottage and its competitors. Natural Grocers by Vitamin Cottage's current Debt-to-Asset is 0.47. 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 $27.38, compared to a current price of $32.73 — trading 19.5% above its estimated fair value. The current Debt-to-Asset is 0.47. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Debt-to-Asset is 0.47 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 $32.73 is trading 19.5% above its estimated GF Value™ of $27.38. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Debt-to-Asset: 0.47
  • GF Value™: $27.38 vs. price of $32.73 (19.5% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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

Other Exchanges N2V:Germany
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 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.
86GF Score

Get the complete analysis for NGVC

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.73
Price
$27.38
GF Value