Natural Grocers by Vitamin Cottage, Inc. (NGVC) financial statements (2022 and earlier)
Company profile
| Business Address |
12612 W. ALAMEDA PARKWAY LAKEWOOD, CO 80228 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 5411 - Grocery Stores (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 25 | 24 | 29 | 6 | 9 | 7 | 4 | ||
| Cash and cash equivalents | 25 | 24 | 29 | 6 | 9 | 7 | 4 | ||
| Receivables | 10 | 8 | 9 | 5 | 5 | 5 | 4 | ||
| Inventory, net of allowances, customer advances and progress billings | 102 | 101 | 100 | 96 | 94 | 94 | 86 | ||
| Inventory | 102 | 101 | 100 | 96 | 94 | 94 | 86 | ||
| Other undisclosed current assets | 4 | 3 | 6 | 8 | 3 | 3 | 3 | ||
| Total current assets: | 140 | 136 | 143 | 115 | 111 | 108 | 97 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 38 | 39 | 40 | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 313 | 316 | 339 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 149 | 151 | 148 | 202 | 189 | 184 | 178 | ||
| Intangible assets, net (including goodwill) | 12 | 12 | 10 | 9 | 6 | 6 | 6 | ||
| Goodwill | 5 | 5 | 5 | 5 | 5 | 5 | 5 | ||
| Intangible assets, net (excluding goodwill) | 7 | 7 | 5 | 3 | 0 | 0 | 0 | ||
| Other undisclosed noncurrent assets | 1 | 1 | 1 | 2 | 2 | 2 | 1 | ||
| Total noncurrent assets: | 514 | 519 | 538 | 212 | 196 | 192 | 185 | ||
| TOTAL ASSETS: | 654 | 655 | 682 | 327 | 307 | 300 | 282 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 91 | 96 | 94 | 82 | 79 | 71 | 66 | ||
| Accounts payable | 65 | 69 | 69 | 63 | 61 | 57 | 54 | ||
| Accrued liabilities | 26 | 27 | 25 | 19 | 18 | 14 | 12 | ||
| Debt | 5 | 5 | 3 | ||||||
| Other undisclosed current liabilities | 34 | 33 | 32 | 1 | 1 | 1 | 0 | ||
| Total current liabilities: | 129 | 134 | 129 | 83 | 80 | 72 | 67 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 360 | 363 | 365 | 6 | 13 | 28 | 27 | ||
| Long-term debt, excluding current maturities | 20 | 22 | 6 | 13 | 28 | 27 | |||
| Finance lease, liability | 39 | 39 | 40 | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 301 | 302 | 326 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 16 | 15 | 14 | 11 | 18 | 33 | 30 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | 20 | 17 | ||
| Deferred compensation liability, classified | 1 | 1 | 1 | ||||||
| Deferred rent credit | 11 | 11 | ✕ | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 6 | 12 | 12 | ||
| Deferred income tax liabilities | 16 | 15 | 14 | ✕ | ✕ | ✕ | |||
| Other undisclosed noncurrent liabilities | 70 | 49 | 33 | 31 | |||||
| Total noncurrent liabilities: | 375 | 379 | 380 | 87 | 81 | 95 | 89 | ||
| Total liabilities: | 505 | 512 | 509 | 170 | 160 | 166 | 156 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 150 | 143 | 173 | 157 | 147 | 134 | 127 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (0) | (1) | (1) | (1) | |||||
| Additional paid in capital | 57 | 57 | 57 | 56 | 56 | 56 | 55 | ||
| Retained earnings | 92 | 85 | 116 | 101 | 92 | 79 | 72 | ||
| Total stockholders' equity: | 150 | 143 | 173 | 157 | 147 | 134 | 127 | ||
| TOTAL LIABILITIES AND EQUITY: | 654 | 655 | 682 | 327 | 307 | 300 | 282 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,068 | 1,056 | 1,037 | 904 | 849 | 769 | 705 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 769 | 705 | |
| Other undisclosed gross profit | (770) | (763) | (754) | (665) | (623) | (557) | (504) | |
| Gross profit: | 298 | 292 | 283 | 239 | 226 | 212 | 202 | |
| Operating expenses | (28) | (28) | (27) | (23) | (22) | (20) | (19) | |
| Other undisclosed operating loss | (234) | (236) | (229) | (199) | (189) | (178) | (162) | |
| Operating income: | 35 | 28 | 28 | 17 | 15 | 14 | 20 | |
| Interest and debt expense | (2) | (2) | (2) | (5) | (5) | (4) | (3) | |
| Income from continuing operations before income taxes: | 33 | 26 | 26 | 12 | 10 | 10 | 17 | |
| Income tax expense (benefit) | (7) | (5) | (6) | (2) | 2 | (3) | (6) | |
| Net income available to common stockholders, diluted: | 26 | 21 | 20 | 9 | 13 | 7 | 11 | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 26 | 21 | 20 | 9 | 13 | 7 | 11 | |
| Comprehensive income, net of tax, attributable to parent: | 26 | 21 | 20 | 9 | 13 | 7 | 11 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.