Natural Grocers by Vitamin Cottage Inc (NGVC) — Cash Flow Quality Index
Natural Grocers by Vitamin Cottage Inc (NGVC) has a Cash Flow Quality Index of 1.02x as of June 2026. Operating cash flow of $11.26 Million exceeds net income of $11.07 Million, indicating high earnings quality where cash backs reported profits. Explore NGVC operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Natural Grocers by Vitamin Cottage Inc Cash Flow Quality Index (2009–2025)
Historical Cash Flow Quality Index for Natural Grocers by Vitamin Cottage Inc across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Natural Grocers by Vitamin Cottage Inc.
Annual Cash Flow Quality Index for Natural Grocers by Vitamin Cottage Inc (2009–2025)
Year-by-year earnings quality comparison for Natural Grocers by Vitamin Cottage Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.19x | $55.30 Million | $46.44 Million | ▼ -45.2% |
| 2024 | 2.17x | $73.76 Million | $33.94 Million | ▼ -21.8% |
| 2023 | 2.78x | $64.61 Million | $23.24 Million | ▲ +49.6% |
| 2022 | 1.86x | $39.69 Million | $21.36 Million | ▼ -29.0% |
| 2021 | 2.62x | $53.88 Million | $20.58 Million | ▼ -21.2% |
| 2020 | 3.32x | $66.50 Million | $20.01 Million | ▼ -16.3% |
| 2019 | 3.97x | $37.38 Million | $9.42 Million | ▲ +17.3% |
| 2018 | 3.39x | $42.86 Million | $12.66 Million | ▼ -42.9% |
| 2017 | 5.93x | $40.85 Million | $6.89 Million | ▲ +135.9% |
| 2016 | 2.51x | $28.83 Million | $11.47 Million | ▼ -0.7% |
| 2015 | 2.53x | $41.00 Million | $16.20 Million | ▲ +7.4% |
| 2014 | 2.36x | $31.75 Million | $13.47 Million | ▼ -3.3% |
| 2013 | 2.44x | $25.72 Million | $10.55 Million | ▼ -27.7% |
| 2012 | 3.37x | $25.20 Million | $7.48 Million | ▼ -7.2% |
| 2011 | 3.63x | $16.74 Million | $4.61 Million | ▲ +165.7% |
| 2010 | 1.37x | $7.65 Million | $5.60 Million | ▼ -40.5% |
| 2009 | 2.30x | $11.60 Million | $5.05 Million | — |