Natural Grocers by Vitamin CottageNGVC +1.62%84 Interest Coverage is 29.66 as of Mar. 2026, which is 171% above its 10-year median of 10.94. GuruFocus rates NGVC with a GF Score™ of 84/100 and a GF Value™ of $27.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 254 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 69.69% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Natural Grocers by Vitamin Cottage's
Operating Income
for the
three
months ended in Mar. 2026 was $19 Mil. Natural Grocers by Vitamin Cottage's Interest Expense for the
three
months ended in Mar. 2026 was $-1 Mil.
Natural Grocers by Vitamin Cottage's interest coverage for the quarter that ended in Mar. 2026 was 29.66.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Natural Grocers by Vitamin Cottage's Interest Coverage or its related term are showing as below:
NGVC'
s Interest Coverage Range Over the Past 10 Years
Min: 3.66 Med: 10.94 Max: 23.78
Current: 23.78
NGVC's Interest Coverage is ranked better than 69.69% of 254
companies
in the Retail - Defensive industry
Industry Median: 9.065
vs NGVC: 23.78
Natural Grocers by Vitamin Cottage (NYSE:NGVC) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Natural Grocers by Vitamin Cottage Interest Coverage Related Terms
Natural Grocers by Vitamin Cottage Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term 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 Interest Coverage Chart
NGVC vs VLGEA, YSWY, DNUT: Interest Coverage Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's Interest Coverage falls into.
Natural Grocers by Vitamin Cottage Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 29.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Natural Grocers by Vitamin Cottage and its competitors. This is 171% above median its historical median of 10.94. Over the past decade, Natural Grocers by Vitamin Cottage's Interest Coverage has ranged from 3.66 to 23.78. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #77 out of 254 companies in the Retail - Defensive industry, placing it in the top 30.3%.
Is Natural Grocers by Vitamin Cottage's Interest Coverage too high?
Natural Grocers by Vitamin Cottage's current Interest Coverage of 29.66 is 171% above median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 3.66 to a high of 23.78. The Retail - Defensive industry median Interest Coverage is 9.07. Natural Grocers by Vitamin Cottage's value of 29.66 is 227.2% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #77 out of 254 companies in the Retail - Defensive industry, which is above the industry midpoint. 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 Interest Coverage compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #77 out of 254 companies for Interest Coverage. This puts Natural Grocers by Vitamin Cottage in the upper half of its industry. The industry median Interest Coverage is 9.07. Natural Grocers by Vitamin Cottage's value of 29.66 is 227.2% above this benchmark. Historically, Natural Grocers by Vitamin Cottage's own Interest Coverage has ranged from 3.66 to 23.78 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 9.07, Natural Grocers by Vitamin Cottage has consistently been above 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 Interest Coverage for a Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 9.07, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current Interest Coverage of 29.66 is 227.2% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Interest Coverage is 29.66, which is 171% above median its own 10-year median of 10.94. 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 $27.27, compared to a current price of $32.69 — trading 19.9% above its estimated fair value. The current Interest Coverage is 29.66, which is 171% above median its 10-year median of 10.94 and 227.2% above the Retail - Defensive industry median of 9.07. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Interest Coverage is 29.66 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 $32.69 is trading 19.9% above its estimated GF Value™ of $27.27.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
Interest Coverage: 29.66 (171% above median its 10-year median of 10.94)
GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
Industry Position: 227.2% above the Retail - Defensive median (#77 of 254)
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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