Natural Grocers by Vitamin Cottage, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $17.1M | $8.9M | $18.3M | $12.0M | $23.7M | $28.5M | $6.2M | $9.4M |
| Accounts Receivable | $12.0M | $12.6M | $10.8M | $10.5M | $8.5M | $8.5M | $5.1M | $4.7M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $168.1M | $147.1M | $152.6M | $140.7M | $135.6M | $143.4M | $115.2M | $111.0M |
| Property, Plant & Equipment | $182.7M | $178.6M | $169.1M | $157.2M | $151.4M | $147.9M | $201.6M | $188.8M |
| Goodwill | $5.2M | $5.2M | $5.2M | $5.2M | $5.2M | $5.2M | $5.2M | $5.2M |
| Intangible Assets (Excl. Goodwill) | $6.6M | $8.3M | $8.9M | $8.9M | $6.6M | $5.3M | $3.4M | $450.0K |
| Total Assets | $670.5M | $655.5M | $669.2M | $663.1M | $655.1M | $681.8M | $327.1M | $307.1M |
| Liabilities | ||||||||
| Accounts Payable | $81.0M | $88.4M | $80.7M | $71.3M | $68.9M | $69.2M | $63.2M | $61.1M |
| Total Current Liabilities | $158.8M | $164.1M | $154.0M | $137.7M | $133.8M | $129.2M | $83.3M | $79.7M |
| Long-Term Debt | — | $0 | $5.9M | $13.9M | $21.9M | $0 | — | — |
| Total Liabilities | $458.1M | $481.2M | $498.3M | $507.3M | $512.3M | $508.7M | $170.2M | $160.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $149.3M | $113.9M | $111.9M | $97.7M | $85.4M | $116.3M | $100.9M | $91.5M |
| Total Stockholders' Equity | $212.4M | $174.3M | $170.8M | $155.8M | $142.7M | $173.1M | $156.9M | $146.7M |