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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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.
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 Natural Grocers by Vitamin Cottage Inc stock valuation.
| 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 | — |