Natural Grocers by Vitamin CottageNGVC -0.33%87 Equity-to-Asset is 0.34 as of Mar. 2026, which is 26% above its 10-year median of 0.27. GuruFocus rates NGVC with a GF Score™ of 87/100 and a GF Value™ of $27.35 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 314 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks worse than 63.06% on this metric.
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: 0.27 Max: 0.49
Current: 0.34
During the past 13 years, the highest Equity to Asset Ratio of Natural Grocers by Vitamin Cottage was 0.49. The lowest was 0.20. And the median was 0.27.
NGVC's Equity-to-Asset is ranked worse than 63.06% of 314
companies
in the Retail - Defensive industry
Industry Median: 0.44
vs NGVC: 0.34
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
Natural Grocers by Vitamin Cottage Equity-to-Asset 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.
Natural Grocers by Vitamin Cottage Equity-to-Asset Chart
NGVC vs YSWY, VLGEA, DNUT: Equity-to-Asset Comparison
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 Equity-to-Asset vs 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.
* 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 Equity-to-Asset of 0.34 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Natural Grocers by Vitamin Cottage and its competitors. This is 26% above median its historical median of 0.27. Over the past decade, Natural Grocers by Vitamin Cottage's Equity-to-Asset has ranged from 0.20 to 0.49. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #198 out of 314 companies in the Retail - Defensive industry, placing it in the top 63.1%.
Is Natural Grocers by Vitamin Cottage's Equity-to-Asset too high?
Natural Grocers by Vitamin Cottage's current Equity-to-Asset of 0.34 is 26% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.49. The Retail - Defensive industry median Equity-to-Asset is 0.44. Natural Grocers by Vitamin Cottage's value of 0.34 is 22.7% below this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #198 out of 314 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Equity-to-Asset compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #198 out of 314 companies for Equity-to-Asset. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Natural Grocers by Vitamin Cottage's value of 0.34 is 22.7% below this benchmark. Historically, Natural Grocers by Vitamin Cottage's own Equity-to-Asset has ranged from 0.20 to 0.49 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.44, 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 Equity-to-Asset for a Retail - Defensive company?
The median Equity-to-Asset among Retail - Defensive companies is 0.44, based on 314 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current Equity-to-Asset of 0.34 is 22.7% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Equity-to-Asset is 0.34, which is 26% above median its own 10-year median of 0.27. 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 $27.35, compared to a current price of $32.89 — trading 20.3% above its estimated fair value. The current Equity-to-Asset is 0.34, which is 26% above median its 10-year median of 0.27 and 22.7% below the Retail - Defensive industry median of 0.44. Natural Grocers by Vitamin Cottage's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Equity-to-Asset is 0.34 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 $32.89 is trading 20.3% above its estimated GF Value™ of $27.35.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
Equity-to-Asset: 0.34 (26% above median its 10-year median of 0.27)
GF Value™: $27.35 vs. price of $32.89 (20.3% above fair value)
Industry Position: 22.7% below the Retail - Defensive median (#198 of 314)
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.
87GF Score
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