Natural Grocers by Vitamin Cottage Inc (NGVC) — Capital Reinvestment Ratio
Natural Grocers by Vitamin Cottage Inc (NGVC) has a Capital Reinvestment Ratio of 0.42x as of March 2026, meaning it reinvests 0% of its operating cash flow ($22.70 Million) in capital expenditures ($9.57 Million). See NGVC net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Natural Grocers by Vitamin Cottage Inc Capital Reinvestment Ratio (2009–2025)
This chart tracks Natural Grocers by Vitamin Cottage Inc's Capital Reinvestment Ratio across 17 annual periods. Check NGVC total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Natural Grocers by Vitamin Cottage Inc (2009–2025)
Year-by-year Capital Reinvestment Ratio for Natural Grocers by Vitamin Cottage Inc from 2009 to 2025. For live market cap and broader valuation context, see market value of Natural Grocers by Vitamin Cottage Inc.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.56x | $55.30 Million | $31.20 Million | ▲ +7.6% |
| 2024 | 0.52x | $73.76 Million | $38.68 Million | ▼ -11.1% |
| 2023 | 0.59x | $64.61 Million | $38.09 Million | ▼ -25.6% |
| 2022 | 0.79x | $39.69 Million | $31.44 Million | ▲ +50.9% |
| 2021 | 0.53x | $53.88 Million | $28.29 Million | ▲ +18.0% |
| 2020 | 0.44x | $66.50 Million | $29.58 Million | ▼ -49.2% |
| 2019 | 0.88x | $37.38 Million | $32.73 Million | ▲ +58.3% |
| 2018 | 0.55x | $42.86 Million | $23.72 Million | ▼ -45.2% |
| 2017 | 1.01x | $40.85 Million | $41.23 Million | ▼ -45.9% |
| 2016 | 1.86x | $28.83 Million | $53.76 Million | ▲ +108.1% |
| 2015 | 0.90x | $41.00 Million | $36.75 Million | ▼ -22.1% |
| 2014 | 1.15x | $31.75 Million | $36.51 Million | ▼ -25.5% |
| 2013 | 1.54x | $25.72 Million | $39.71 Million | ▲ +54.1% |
| 2012 | 1.00x | $25.20 Million | $25.26 Million | ▼ -17.9% |
| 2011 | 1.22x | $16.74 Million | $20.45 Million | ▼ -19.0% |
| 2010 | 1.51x | $7.65 Million | $11.53 Million | ▲ +95.8% |
| 2009 | 0.77x | $11.60 Million | $8.94 Million | — |