Natural Grocers by Vitamin Cottage, Inc. (NGVC)

NGVC Balance Sheet

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	17.12	8.87	18.34	12.04	23.68
Cash & Short-Term Investments	17.12	8.87	18.34	12.04	23.68
Cash Growth	92.94%	-51.64%	52.35%	-49.16%	-17.02%
Receivables	11.97	12.61	10.8	10.5	8.49
Inventory	132.97	120.67	119.26	113.76	100.55
Prepaid Expenses	6.03	4.91	4.15	4.37	2.91
Total Current Assets	168.08	147.06	152.55	140.66	135.63
Property, Plant & Equipment	485.22	494.47	502.11	507.87	507.15
Goodwill	-	5.2	5.2	5.2	5.2
Other Intangible Assets	11.76	8.27	8.91	8.9	6.51
Long-Term Deferred Charges	-	0.19	0.02	0.04	0.06
Other Long-Term Assets	5.45	0.29	0.4	0.45	0.53
Total Assets	670.5	655.48	669.19	663.11	655.08
Accounts Payable	80.99	88.4	80.68	71.28	68.95
Accrued Expenses	37.24	33.95	31.2	24.98	24.43
Current Portion of Long-Term Debt	-	-	1.75	1.75	1.75
Current Portion of Leases	40.56	39.89	38.54	37.96	36.48
Current Unearned Revenue	-	1.9	1.87	1.76	2.16
Total Current Liabilities	158.78	164.13	154.03	137.73	133.77
Long-Term Debt	-	-	5.94	13.94	21.94
Long-Term Leases	291.46	306.62	323.95	339.73	341.35
Long-Term Deferred Tax Liabilities	7.86	10.47	14.43	15.9	15.29
Total Liabilities	458.11	481.22	498.34	507.3	512.35
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	63.03	60.33	59.01	58.07	57.29
Retained Earnings	149.34	113.9	111.87	97.72	85.42
Treasury Stock	-	-	-0.07	-	-
Shareholders' Equity	212.4	174.25	170.84	155.81	142.73
Total Liabilities & Equity	670.5	655.48	669.19	663.11	655.08
Total Debt	332.02	346.51	370.18	393.37	401.52
Net Cash (Debt)	-314.9	-337.64	-351.84	-381.34	-377.84
Net Cash Per Share	-13.54	-14.63	-15.41	-16.71	-16.64
Filing Date Shares Outstanding	22.95	22.91	22.75	22.71	22.64
Total Common Shares Outstanding	22.95	22.89	22.74	22.69	22.62
Working Capital	9.29	-17.07	-1.48	2.93	1.86
Book Value Per Share	9.25	7.61	7.51	6.87	6.31
Tangible Book Value	200.64	160.79	156.73	141.72	131.02
Tangible Book Value Per Share	8.74	7.02	6.89	6.25	5.79
Land	-	6.75	6.75	6.75	6.06
Buildings	-	60.56	46.41	43.01	34.53
Machinery	-	197.68	184.79	176.79	170.82
Construction In Progress	-	5.76	15.22	8.65	2.27
Leasehold Improvements	-	185.05	173.41	163.72	159.8

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q