Natural Grocers Debt

NGVC Stock  USD 26.43  0.60  2.22%   
Natural Grocers by holds a debt-to-equity ratio of 2.524. At present, Natural Grocers' Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 97.9 M, whereas Long Term Debt is forecasted to decline to about 6.5 M. With a high degree of financial leverage come high-interest payments, which usually reduce Natural Grocers' Earnings Per Share (EPS).

Asset vs Debt

Equity vs Debt

Natural Grocers' liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Natural Grocers' cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Natural Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Natural Grocers' stakeholders.
For most companies, including Natural Grocers, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Natural Grocers by, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Natural Grocers' management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
2.9313
Book Value
8.822
Operating Margin
0.0474
Profit Margin
0.0331
Return On Assets
0.0572
The current year's Non Current Liabilities Other is expected to grow to about 446.3 M, whereas Total Current Liabilities is forecasted to decline to about 98.3 M.
Check out the analysis of Natural Grocers Financial Statements.

Natural Grocers Bond Ratings

Natural Grocers by financial ratings play a critical role in determining how much Natural Grocers have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Natural Grocers' borrowing costs.
Piotroski F Score
7
StrongView
Beneish M Score
(8.05)
Unlikely ManipulatorView

Natural Grocers by Debt to Cash Allocation

As Natural Grocers by follows its natural business cycle, the capital allocation decisions will not magically go away. Natural Grocers' decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Natural Grocers by currently holds 332.02 M in liabilities with Debt to Equity (D/E) ratio of 2.52, implying the company greatly relies on financing operations through barrowing. Natural Grocers by has a current ratio of 1.0, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Natural Grocers' use of debt, we should always consider it together with its cash and equity.

Natural Grocers Common Stock Shares Outstanding Over Time

Natural Grocers Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Natural Grocers uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Natural Grocers Debt Ratio

    
  26.0   
It looks as if most of the Natural Grocers' assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Natural Grocers' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Natural Grocers, which in turn will lower the firm's financial flexibility.

Natural Grocers Corporate Bonds Issued

Most Natural bonds can be classified according to their maturity, which is the date when Natural Grocers by has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Natural Short Long Term Debt Total

Short Long Term Debt Total

400.91 Million

At present, Natural Grocers' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.

Understaning Natural Grocers Use of Financial Leverage

Natural Grocers' financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures Natural Grocers' total debt position, including all outstanding debt obligations, and compares it with Natural Grocers' equity. Financial leverage can amplify the potential profits to Natural Grocers' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if Natural Grocers is unable to cover its debt costs.
Last ReportedProjected for Next Year
Short and Long Term Debt Total381.8 M400.9 M
Net Debt362.1 M380.2 M
Long Term Debt6.8 M6.5 M
Short Term Debt93.3 M97.9 M
Long Term Debt Total65.7 M50.9 M
Short and Long Term Debt1.6 M1.5 M
Net Debt To EBITDA 3.02  2.36 
Debt To Equity 1.41  0.98 
Interest Debt Per Share 13.15  13.81 
Debt To Assets 0.45  0.26 
Long Term Debt To Capitalization 0.48  0.51 
Total Debt To Capitalization 0.55  0.36 
Debt Equity Ratio 1.41  0.98 
Debt Ratio 0.45  0.26 
Cash Flow To Debt Ratio 0.19  0.18 
Please read more on our technical analysis page.

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When determining whether Natural Grocers by offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natural Grocers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natural Grocers By Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natural Grocers By Stock:
Check out the analysis of Natural Grocers Financial Statements.
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Will Consumer Staples Distribution & Retail sector continue expanding? Could Natural diversify its offerings? Factors like these will boost the valuation of Natural Grocers. Anticipated expansion of Natural directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Natural Grocers data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.25
Dividend Share
0.46
Earnings Share
1.88
Revenue Per Share
57.533
Quarterly Revenue Growth
0.063
Understanding Natural Grocers by requires distinguishing between market price and book value, where the latter reflects Natural's accounting equity. The concept of intrinsic value - what Natural Grocers' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Natural Grocers' price substantially above or below its fundamental value.
It's important to distinguish between Natural Grocers' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Natural Grocers should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Natural Grocers' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

What is Financial Leverage?

Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.

Leverage and Capital Costs

The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.

Benefits of Financial Leverage

Leverage provides the following benefits for companies:
  • Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
  • It provides a variety of financing sources by which the firm can achieve its target earnings.
  • Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.
By borrowing funds, the firm incurs a debt that must be paid. But, this debt is paid in small installments over a relatively long period of time. This frees funds for more immediate use in the stock market. For example, suppose a company can afford a new factory but will be left with negligible free cash. In that case, it may be better to finance the factory and spend the cash on hand on inputs, labor, or even hold a significant portion as a reserve against unforeseen circumstances.

The Risk of Financial Leverage

The most obvious and apparent risk of leverage is that if price changes unexpectedly, the leveraged position can lead to severe losses. For example, imagine a hedge fund seeded by $50 worth of investor money. The hedge fund borrows another $50 and buys an asset worth $100, leading to a leverage ratio of 2:1. For the investor, this is neither good nor bad -- until the asset price changes. If the asset price goes up 10 percent, the investor earns $10 on $50 of capital, a net gain of 20 percent, and is very pleased with the increased gains from the leverage. However, if the asset price crashes unexpectedly, say by 30 percent, the investor loses $30 on $50 of capital, suffering a 60 percent loss. In other words, the effect of leverage is to increase the volatility of returns and increase the effects of a price change on the asset to the bottom line while increasing the chance for profit as well.