Natural Grocers by Vitamin Cottage Inc (NGVC) — Capital Reinvestment Ratio

Latest as of June 2026: 0.85x

Natural Grocers by Vitamin Cottage Inc (NGVC) has a Capital Reinvestment Ratio of 0.85x as of June 2026, meaning it reinvests 1% of its operating cash flow ($11.26 Million) in capital expenditures ($9.55 Million). Check Natural Grocers by Vitamin Cottage Inc (NGVC) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.85x
Capex / Operating Cash Flow

Operating Cash Flow

$11.26 Million
USD

Capital Expenditures

$9.55 Million
USD

Data as of

Jun 2026
Most recent filing

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. For the full cash flow conversion analysis, see Natural Grocers by Vitamin Cottage Inc (NGVC) cash conversion ratio.

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. See how much free cash does Natural Grocers by Vitamin Cottage Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.57x $55.30 Million $31.38 Million ▲ +8.2%
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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow