Natural Other Operating Expenses vs Income Before Tax Analysis

NGVC Stock  USD 45.60  9.35  25.79%   
Natural Grocers financial indicator trend analysis is infinitely more than just investigating Natural Grocers by recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Grocers by is a good investment. Please check the relationship between Natural Grocers Other Operating Expenses and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Grocers by Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Natural Grocers' Other Operating Expenses and Income Before Tax is 0.57. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Natural Grocers by, assuming nothing else is changed. The correlation between historical values of Natural Grocers' Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Natural Grocers by are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Natural Grocers' Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Natural Grocers by. It is also known as Natural Grocers overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Natural Grocers income statement and is an important metric when analyzing Natural Grocers by profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Natural Grocers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Grocers by current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Natural Grocers' Enterprise Value Multiple is projected to drop based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense2.4M3.3M4.2M2.9M
Depreciation And Amortization28.6M30.4M35.0M23.2M

Natural Grocers fundamental ratios Correlations

0.640.610.240.690.19-0.010.630.30.610.20.230.160.63-0.07-0.07-0.410.160.70.150.60.240.14-0.110.630.63
0.640.98-0.230.990.760.041.00.630.980.790.820.691.0-0.28-0.19-0.320.680.970.640.980.810.67-0.260.990.91
0.610.98-0.330.940.64-0.150.990.51.00.680.730.730.99-0.34-0.34-0.370.720.950.521.00.710.66-0.40.990.88
0.24-0.23-0.33-0.09-0.130.2-0.27-0.12-0.33-0.15-0.13-0.45-0.270.540.25-0.12-0.45-0.11-0.14-0.33-0.12-0.630.3-0.28-0.04
0.690.990.94-0.090.760.080.980.630.950.790.830.610.98-0.24-0.14-0.330.60.970.660.950.820.58-0.210.970.91
0.190.760.64-0.130.760.460.740.830.640.970.960.570.74-0.140.12-0.040.560.670.850.670.960.660.10.70.68
-0.010.04-0.150.20.080.46-0.020.39-0.140.430.38-0.27-0.010.180.820.39-0.29-0.010.65-0.10.440.140.7-0.050.02
0.631.00.99-0.270.980.74-0.020.610.990.760.80.711.0-0.3-0.24-0.330.70.960.610.990.780.67-0.31.00.91
0.30.630.5-0.120.630.830.390.610.490.680.720.530.61-0.14-0.02-0.050.530.490.580.530.70.430.220.560.57
0.610.981.0-0.330.950.64-0.140.990.490.690.730.720.99-0.35-0.33-0.370.70.960.531.00.710.65-0.40.990.87
0.20.790.68-0.150.790.970.430.760.680.690.970.560.77-0.140.18-0.040.530.730.880.710.970.720.020.740.71
0.230.820.73-0.130.830.960.380.80.720.730.970.580.8-0.180.07-0.090.560.770.890.760.990.630.00.780.73
0.160.690.73-0.450.610.57-0.270.710.530.720.560.580.71-0.08-0.44-0.261.00.590.320.730.510.62-0.420.710.73
0.631.00.99-0.270.980.74-0.011.00.610.990.770.80.71-0.3-0.24-0.330.690.970.610.990.790.67-0.291.00.91
-0.07-0.28-0.340.54-0.24-0.140.18-0.3-0.14-0.35-0.14-0.18-0.08-0.30.330.19-0.08-0.31-0.1-0.33-0.22-0.360.26-0.310.13
-0.07-0.19-0.340.25-0.140.120.82-0.24-0.02-0.330.180.07-0.44-0.240.330.5-0.46-0.170.36-0.30.130.020.61-0.26-0.16
-0.41-0.32-0.37-0.12-0.33-0.040.39-0.33-0.05-0.37-0.04-0.09-0.26-0.330.190.5-0.26-0.390.15-0.35-0.06-0.190.77-0.35-0.29
0.160.680.72-0.450.60.56-0.290.70.530.70.530.561.00.69-0.08-0.46-0.260.570.30.720.480.61-0.420.690.71
0.70.970.95-0.110.970.67-0.010.960.490.960.730.770.590.97-0.31-0.17-0.390.570.580.960.760.58-0.30.970.86
0.150.640.52-0.140.660.850.650.610.580.530.880.890.320.61-0.10.360.150.30.580.560.890.580.230.590.55
0.60.981.0-0.330.950.67-0.10.990.531.00.710.760.730.99-0.33-0.3-0.350.720.960.560.730.67-0.361.00.89
0.240.810.71-0.120.820.960.440.780.70.710.970.990.510.79-0.220.13-0.060.480.760.890.730.610.050.760.69
0.140.670.66-0.630.580.660.140.670.430.650.720.630.620.67-0.360.02-0.190.610.580.580.670.61-0.360.660.52
-0.11-0.26-0.40.3-0.210.10.7-0.30.22-0.40.020.0-0.42-0.290.260.610.77-0.42-0.30.23-0.360.05-0.36-0.33-0.22
0.630.990.99-0.280.970.7-0.051.00.560.990.740.780.711.0-0.31-0.26-0.350.690.970.591.00.760.66-0.330.9
0.630.910.88-0.040.910.680.020.910.570.870.710.730.730.910.13-0.16-0.290.710.860.550.890.690.52-0.220.9
Click cells to compare fundamentals

Natural Grocers Account Relationship Matchups

Natural Grocers fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding22.6M22.7M22.8M22.8M23.1M24.8M
Total Assets681.8M655.1M663.1M669.2M769.6M808.0M
Short Long Term Debt Total400.1M401.5M393.4M370.2M425.7M447.0M
Other Current Liab(45.1M)(45.7M)(48.9M)34.8M31.3M32.9M
Total Current Liabilities129.2M133.8M137.7M154.0M177.1M186.0M
Total Stockholder Equity173.1M142.7M155.8M170.8M196.5M126.0M
Other Liab14.4M15.3M15.9M14.4M16.6M19.4M
Property Plant And Equipment Net527.3M507.2M507.9M502.1M577.4M606.3M
Current Deferred Revenue1.8M2.2M1.8M1.9M2.1M2.3M
Net Debt371.6M377.8M381.3M351.8M404.6M424.8M
Retained Earnings116.3M85.4M97.7M111.9M128.7M73.4M
Accounts Payable69.2M68.9M71.3M80.7M92.8M54.4M
Cash28.5M23.7M12.0M18.3M21.1M11.2M
Non Current Assets Total538.4M519.5M522.4M516.6M594.1M623.8M
Non Currrent Assets Other647K530K(15.5M)413K371.7K390.3K
Other Assets647K530K452K413K475.0K929.1K
Cash And Short Term Investments28.5M23.7M12.0M18.3M21.1M11.4M
Net Receivables8.5M8.5M10.5M10.8M12.4M13.0M
Liabilities And Stockholders Equity681.8M655.1M663.1M669.2M769.6M808.0M
Non Current Liabilities Total379.6M378.6M369.6M344.3M396.0M415.8M
Inventory100.2M100.5M113.8M119.3M137.1M84.5M
Other Current Assets12.4M5.8M8.7M4.2M4.8M4.3M
Other Stockholder Equity56.8M57.3M58.1M58.9M67.8M106.7M
Total Liab508.7M512.3M507.3M498.3M573.1M601.8M
Property Plant And Equipment Gross527.3M507.2M157.2M502.1M577.4M606.3M
Total Current Assets143.4M135.6M140.7M152.6M175.4M105.1M
Short Term Debt70.0M74.7M77.7M40.3M46.3M48.7M
Intangible Assets5.3M6.6M8.9M8.9M10.2M10.8M
Property Plant Equipment147.9M507.2M507.9M502.1M577.4M606.3M
Net Tangible Assets173.1M131.0M141.7M156.7M180.2M145.4M
Retained Earnings Total Equity100.9M116.3M85.4M97.7M112.4M91.7M
Capital Surpluse56.3M56.8M57.3M58.1M66.8M61.5M
Deferred Long Term Liab14.4M59K37K18K16.2K15.4K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Natural Grocers. If investors know Natural will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Natural Grocers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.29
Dividend Share
0.4
Earnings Share
1.34
Revenue Per Share
53.344
Quarterly Revenue Growth
0.097
The market value of Natural Grocers by is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Grocers' value that differs from its market value or its book value, called intrinsic value, which is Natural Grocers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Natural Grocers' market value can be influenced by many factors that don't directly affect Natural Grocers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Natural Grocers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Grocers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Grocers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.