Natural Grocers by Vitamin Cottage (NGVC) Financials

The income statement is one of the most important financial statements for Natural Grocers by Vitamin Cottage Inc (NGVC) as it provides a snapshot of the company's financial performance over a certain period of time. It shows the company's revenue, expenses, and ultimately its net income. The income statement for NGVC reveals that the company had a total revenue of $752.2 million in the most recent fiscal year. The company's gross profit was $186.5 million, which represents the amount of money left over after subtracting the cost of goods sold from total revenue. NGVC's operating expenses were $212 million, resulting in an operating loss of $25.5 million. The company's net loss from continuing operations was $18 million. However, when including the impact of discontinued operations, NGVC's net loss attributable to stockholders was $18.7 million.

The balance sheet provides a snapshot of Natural Grocers by Vitamin Cottage Inc (NGVC)'s financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. As of the most recent fiscal year-end, NGVC had total assets of $399.6 million. The company's total liabilities were $214.1 million, which includes both short-term and long-term debt. NGVC's stockholders' equity, also known as net assets or book value, was $185.5 million. The balance sheet also indicates that NGVC had cash equivalents of $15.8 million, which represents highly liquid assets that can be easily converted into cash. The company had a net debt of $126.4 million, which is the difference between total debt and cash equivalents. Overall, the balance sheet demonstrates NGVC's financial strength and ability to meet its obligations.