Natural Grocers by Vitamin Cottage (FRA:N2V) Interest Expense : €-3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Natural Grocers by Vitamin Cottage Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Natural Grocers by Vitamin Cottage's interest expense for the three months ended in Mar. 2024 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Natural Grocers by Vitamin Cottage's Operating Income for the three months ended in Mar. 2024 was € 11 Mil. Natural Grocers by Vitamin Cottage's Interest Expense for the three months ended in Mar. 2024 was € -1 Mil. Natural Grocers by Vitamin Cottage's Interest Coverage for the quarter that ended in Mar. 2024 was 9.88. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Natural Grocers by Vitamin Cottage Interest Expense Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Natural Grocers by Vitamin Cottage Interest Expense Chart

Natural Grocers by Vitamin Cottage Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

Get a 7-Day Free Trial

-4.50

-1.74

-1.93

-2.40

-3.09

Natural Grocers by Vitamin Cottage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.78	-0.78	-0.77	-0.82	-1.08

Natural Grocers by Vitamin Cottage Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3 Mil.

Natural Grocers by Vitamin Cottage (FRA:N2V) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Natural Grocers by Vitamin Cottage's Interest Expense for the three months ended in Mar. 2024 was €-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was €11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €298 Mil.

Natural Grocers by Vitamin Cottage's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	10.701	/	-1.083
	=	9.88

The higher the ratio, the stronger the company's financial strength is.

Natural Grocers by Vitamin Cottage (FRA:N2V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Natural Grocers by Vitamin Cottage Inc (FRA:N2V) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NGVC:USA

Address

12612 West Alameda Parkway, Lakewood, CO, USA, 80228

Website

https://www.naturalgrocers.com

Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, pet care products, books and handouts. The company generates the majority of its revenue from grocery products and dietary supplements and rest from other products.

Natural Grocers by Vitamin Cottage (FRA:N2V) Headlines

No Headlines