Natural Grocers by Vitamin Cottage (FRA:N2V) Total Assets : €604 Mil (As of Mar. 2024)

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What is Natural Grocers by Vitamin Cottage Total Assets?

Natural Grocers by Vitamin Cottage's Total Assets for the quarter that ended in Mar. 2024 was €604 Mil.

Warning Sign:

If a company builds assets at 18.7% a year, faster than its revenue growth rate of 5.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Natural Grocers by Vitamin Cottage's average Total Assets Growth Rate was 2.00% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 18.70% per year. During the past 10 years, the average Total Assets Growth Rate was 16.90% per year.

During the past 13 years, Natural Grocers by Vitamin Cottage's highest 3-Year average Total Assets Growth Rate was 36.00%. The lowest was -0.10%. And the median was 26.60%.

Total Assets is connected with ROA %. Natural Grocers by Vitamin Cottage's annualized ROA % for the quarter that ended in Mar. 2024 was 4.83%. Total Assets is also linked to Revenue through Asset Turnover. Natural Grocers by Vitamin Cottage's Asset Turnover for the quarter that ended in Mar. 2024 was 0.47.

Natural Grocers by Vitamin Cottage Total Assets Historical Data

The historical data trend for Natural Grocers by Vitamin Cottage's Total Assets 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.

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Natural Grocers by Vitamin Cottage Total Assets Chart

Natural Grocers by Vitamin Cottage Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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297.02

578.84

556.82

669.74

627.03

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
Total Assets	Get a 7-Day Free Trial															609.01	605.58	627.03	608.12	604.05

Natural Grocers by Vitamin Cottage Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Natural Grocers by Vitamin Cottage's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	160.078	+	466.948
	=	627

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

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	147.176	+	456.869
	=	604

Natural Grocers by Vitamin Cottage (FRA:N2V) Total Assets Explanation

Total Assets is connected with ROA %.

Natural Grocers by Vitamin Cottage's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	29.296	/	( (608.115	+	604.045)	/ 2 )
	=	29.296	/	606.08
	=	4.83 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Natural Grocers by Vitamin Cottage's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	283.445	/	( (608.115	+	604.045)	/ 2 )
=	283.445	/	606.08
=	0.47

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Natural Grocers by Vitamin Cottage Total Assets Related Terms

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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 » Total Assets

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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.

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