Natural Grocers by Vitamin Cottage Balance Sheet 2011-2025 | NGVC

Annual Balance Sheet Natural Grocers by Vitamin Cottage

	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Net Debt	22.4 M	36.6 M	31.6 M	-	52 M	44.9 M	55.3 M	55.3 M	24.7 M	16.9 M	11.7 M	-11.8 M	26.9 M
Long Term Debt	-	5.94 M	13.9 M	21.9 M	-	5.69 M	13.2 M	28.4 M	27.4 M	-	-	-	-	15.7 M
Long Term Debt Current	35.9 M	34.8 M	34.7 M	33.3 M	32.2 M	-	-	-	-	-	-	-	-	-
Total Non Current Liabilities	317 M	344 M	370 M	379 M	380 M	86.9 M	80.7 M	94.5 M	89 M	48.6 M	40.2 M	37 M	18.6 M	29 M
Total Current Liabilities	164 M	154 M	138 M	134 M	129 M	83.3 M	79.7 M	71.6 M	66.5 M	69.9 M	49.9 M	38.4 M	-	-
Total Liabilities	481 M	498 M	507 M	512 M	509 M	170 M	160 M	166 M	156 M	118 M	90.1 M	75.4 M	52.7 M	63 M
Deferred Revenue	-	-	-	-	-	1.41 M	1.45 M	906 K	866 K	864 K	725 K	625 K	556 K	-
Retained Earnings	114 M	112 M	97.7 M	85.4 M	116 M	101 M	91.5 M	78.8 M	72 M	60.5 M	44.3 M	30.8 M	20.3 M	13.6 M
Total Assets	655 M	669 M	663 M	655 M	682 M	327 M	307 M	300 M	282 M	234 M	189 M	160 M	126 M	78.9 M
Cash and Cash Equivalents	8.87 M	18.3 M	12 M	23.7 M	28.5 M	6.21 M	9.4 M	6.52 M	4.02 M	2.92 M	5.11 M	8.13 M	17.3 M	378 K
Book Value	174 M	171 M	156 M	143 M	173 M	157 M	147 M	134 M	127 M	115 M	98.9 M	84.5 M	72.9 M	15.9 M
Total Shareholders Equity	174 M	171 M	156 M	143 M	173 M	157 M	147 M	134 M	127 M	115 M	98.9 M	84.5 M	72.9 M	15.9 M

All numbers in USD currency

Quarterly Balance Sheet Natural Grocers by Vitamin Cottage

	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
Long Term Debt	43.3 M	41.2 M	8.9 M	43.2 M	-	-	-	5.94 M	7.94 M	9.94 M	11.9 M	13.9 M	-	17.9 M	19.9 M	21.9 M	22.4 M	21.9 M	33.2 M	-	-	-	31.1 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8.54 M	4.17 M	-	-	-	-	-	-
Total Non Current Liabilities	302 M	304 M	317 M	317 M	335 M	-	350 M	344 M	353 M	349 M	361 M	370 M	-	369 M	375 M	379 M	386 M	379 M	408 M	380 M	380 M	380 M	392 M	86.9 M	83.8 M	80.4 M	84.1 M	80.7 M	80.7 M	80.7 M	90.8 M	94.5 M	94.5 M	94.5 M	88.7 M	89 M	89 M	89 M	53 M	48.6 M	48.6 M	48.6 M	43.3 M	40.2 M	40.2 M	40.2 M	37.7 M	37 M	37 M	37 M	28.4 M	18.6 M	18.6 M	18.6 M	-	-	-	-
Total Liabilities	456 M	472 M	467 M	481 M	487 M	-	509 M	498 M	489 M	490 M	500 M	507 M	-	501 M	505 M	512 M	510 M	512 M	534 M	509 M	509 M	509 M	510 M	170 M	165 M	160 M	161 M	160 M	160 M	160 M	161 M	166 M	166 M	166 M	159 M	156 M	156 M	156 M	123 M	118 M	118 M	118 M	97.9 M	90.1 M	90.1 M	90.1 M	76 M	75.4 M	75.4 M	75.4 M	58.2 M	52.7 M	52.7 M	52.7 M	-	-	-	-
Retained Earnings	140 M	131 M	121 M	114 M	107 M	-	94.6 M	112 M	108 M	103 M	99.9 M	97.7 M	-	96.2 M	92.1 M	85.4 M	79.8 M	85.4 M	73.2 M	116 M	116 M	116 M	103 M	101 M	99.6 M	97.6 M	93.7 M	91.5 M	91.5 M	91.5 M	84 M	78.8 M	78.8 M	78.8 M	74 M	72 M	72 M	72 M	64.2 M	60.5 M	60.5 M	60.5 M	47.8 M	44.3 M	44.3 M	44.3 M	33.7 M	30.8 M	30.8 M	30.8 M	22.5 M	20.3 M	20.3 M	20.3 M	-	-	-	-
Total Assets	659 M	665 M	649 M	655 M	654 M	-	663 M	669 M	656 M	652 M	659 M	663 M	-	655 M	654 M	655 M	646 M	655 M	664 M	682 M	682 M	682 M	669 M	327 M	320 M	313 M	310 M	307 M	307 M	307 M	299 M	300 M	300 M	300 M	288 M	282 M	282 M	282 M	242 M	234 M	234 M	234 M	200 M	189 M	189 M	189 M	164 M	160 M	160 M	160 M	133 M	126 M	126 M	126 M	-	-	-	-
Cash and Cash Equivalents	13.2 M	21.2 M	6.32 M	8.87 M	13.9 M	-	13.6 M	18.3 M	8.58 M	19 M	16.9 M	12 M	-	28.9 M	25.3 M	23.7 M	14.5 M	23.7 M	24.7 M	28.5 M	28.5 M	28.5 M	5.16 M	6.21 M	11.7 M	11.3 M	4.54 M	9.4 M	9.4 M	4.54 M	8.09 M	6.52 M	6.52 M	8.09 M	7.14 M	4.02 M	4.02 M	7.14 M	2.14 M	2.92 M	2.92 M	2.14 M	1.86 M	5.11 M	5.11 M	1.86 M	6.22 M	8.13 M	8.13 M	6.22 M	10.3 M	17.3 M	17.3 M	10.3 M	2.67 M	378 K	-	-
Book Value	203 M	193 M	182 M	174 M	168 M	-	154 M	171 M	167 M	162 M	158 M	156 M	-	154 M	150 M	143 M	137 M	143 M	130 M	173 M	173 M	173 M	159 M	157 M	155 M	153 M	149 M	147 M	147 M	147 M	139 M	134 M	134 M	134 M	129 M	127 M	127 M	127 M	119 M	115 M	115 M	115 M	103 M	98.9 M	98.9 M	98.9 M	87.6 M	84.5 M	84.5 M	84.5 M	75.2 M	72.9 M	72.9 M	72.9 M	-	-	-	-
Total Shareholders Equity	203 M	193 M	182 M	174 M	168 M	160 M	154 M	171 M	167 M	162 M	158 M	156 M	156 M	154 M	150 M	143 M	137 M	150 M	130 M	130 M	130 M	130 M	159 M	157 M	155 M	153 M	149 M	149 M	149 M	149 M	139 M	134 M	134 M	139 M	129 M	127 M	127 M	127 M	119 M	115 M	115 M	115 M	103 M	98.9 M	98.9 M	98.9 M	87.6 M	84.5 M	84.5 M	84.5 M	75.2 M	72.9 M	72.9 M	72.9 M	-	15.9 M	-	-

All numbers in USD currency

Balance Sheet is a fundamental financial report of Natural Grocers by Vitamin Cottage, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis

Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability.
Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Retail defensive

	Issuer	Price	% 24h	Market Cap	Country
	Neptune Wellness Solutions NEPT	-	-45.3 %	$ 917 K	Canada
	G. Willi-Food International Ltd. WILC	$ 27.53	-0.52 %	$ 212 M	Israel

Natural Grocers by Vitamin Cottage Balance Sheet 2011-2025 | NGVC

Annual Balance Sheet Natural Grocers by Vitamin Cottage

Net Debt

Long Term Debt

Long Term Debt Current

Total Non Current Liabilities

Total Current Liabilities

Total Liabilities

Deferred Revenue

Retained Earnings

Total Assets

Cash and Cash Equivalents

Book Value

Total Shareholders Equity