Natural Grocers by Vitamin Cottage Inc (NGVC) — Cash Flow Quality Index

Latest as of March 2026: 1.69x

Natural Grocers by Vitamin Cottage Inc (NGVC) has a Cash Flow Quality Index of 1.69x as of March 2026. Operating cash flow of $22.70 Million exceeds net income of $13.43 Million, indicating high earnings quality where cash backs reported profits. Also explore Natural Grocers by Vitamin Cottage Inc (NGVC) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

1.69x
Operating CF / Net Income

Operating Cash Flow

$22.70 Million
USD

Net Income

$13.43 Million
USD

Data as of

Mar 2026
Most recent filing

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. Check NGVC tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. For live market cap and the full company financial profile, see Natural Grocers by Vitamin Cottage Inc (NGVC) total market value.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.