Company: NGVC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025419
Chunk: 53

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 53
---
Item 1. Financial Statements

NATURAL GROCERS BY VITAMIN COTTAGE, INC.

Consolidated Balance Sheets 

(Unaudited)

(Dollars in thousands, except per share data)

			June 30, 

			2025

			September 30, 

			2024

			Assets

			Current assets:

			Cash and cash equivalents

			$
			13,178

			8,871

			Accounts receivable, net

			12,810

			12,610

			Merchandise inventory

			124,626

			120,672

			Prepaid expenses and other current assets

			6,362

			4,905

			Total current assets

			156,976

			147,058

			Property and equipment, net

			181,037

			178,609

			Other assets:

			Operating lease assets, net

			263,928

			275,111

			Finance lease assets, net

			40,643

			40,752

			Other assets

			4,218

			458

			Goodwill and other intangible assets, net

			12,195

			13,488

			Total other assets

			320,984

			329,809

			Total assets

			$
			658,997

			655,476

			Liabilities and Stockholders’ Equity

			Current liabilities:

			Accounts payable

			$
			82,455

			88,397

			Accrued expenses

			31,481

			35,847

			Operating lease obligations, current portion

			36,428

			35,926

			Finance lease obligations, current portion

			4,128

			3,960

			Total current liabilities

			154,492

			164,130

			Long-term liabilities:

			Operating lease obligations, net of current portion

			250,724

			263,404

			Finance lease obligations, net of current portion

			43,253

			43,217

			Deferred income tax liabilities, net

			8,027

			10,471

			Total long-term