Natural Grocers By Vitamin Cottage Inc
NYSE:NGVC
Cash Flow Statement
Cash Flow Statement
Natural Grocers By Vitamin Cottage Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
11
|
12
|
13
|
13
|
14
|
16
|
16
|
16
|
16
|
15
|
13
|
11
|
10
|
9
|
7
|
7
|
10
|
10
|
12
|
13
|
10
|
10
|
10
|
9
|
9
|
15
|
18
|
20
|
22
|
17
|
17
|
21
|
26
|
28
|
26
|
21
|
17
|
16
|
20
|
23
|
27
|
|
Depreciation & Amortization |
14
|
15
|
16
|
17
|
18
|
19
|
20
|
21
|
22
|
23
|
24
|
26
|
27
|
28
|
29
|
30
|
30
|
30
|
30
|
29
|
29
|
29
|
29
|
29
|
29
|
30
|
31
|
31
|
31
|
31
|
30
|
30
|
29
|
29
|
28
|
28
|
28
|
28
|
28
|
29
|
29
|
|
Change in Deffered Taxes |
3
|
1
|
1
|
(1)
|
(2)
|
(2)
|
0
|
1
|
5
|
7
|
5
|
7
|
3
|
2
|
1
|
0
|
(4)
|
(3)
|
(3)
|
(6)
|
(2)
|
(2)
|
(4)
|
4
|
5
|
5
|
9
|
4
|
5
|
4
|
2
|
1
|
(0)
|
(0)
|
(1)
|
1
|
0
|
1
|
1
|
(1)
|
(2)
|
|
Stock-Based Compensation |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
|
Other Non-Cash Items |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
1
|
2
|
1
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
4
|
4
|
5
|
5
|
3
|
3
|
|
Cash Taxes Paid |
4
|
6
|
5
|
4
|
8
|
5
|
6
|
8
|
5
|
9
|
8
|
6
|
5
|
2
|
3
|
3
|
3
|
1
|
1
|
2
|
2
|
4
|
6
|
5
|
5
|
3
|
0
|
3
|
3
|
8
|
9
|
7
|
7
|
3
|
7
|
7
|
7
|
7
|
7
|
5
|
5
|
|
Cash Interest Paid |
2
|
3
|
4
|
2
|
3
|
2
|
0
|
0
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
6
|
2
|
1
|
1
|
(0)
|
1
|
3
|
3
|
|
Change in Working Capital |
(1)
|
2
|
5
|
2
|
3
|
7
|
(0)
|
2
|
(1)
|
(11)
|
(11)
|
(16)
|
(7)
|
(6)
|
7
|
3
|
1
|
3
|
(4)
|
5
|
1
|
5
|
4
|
(6)
|
(4)
|
17
|
12
|
10
|
9
|
(23)
|
(16)
|
1
|
(3)
|
6
|
(4)
|
(14)
|
(1)
|
(3)
|
(7)
|
11
|
3
|
|
Cash from Operating Activities |
29
N/A
|
31
+7%
|
34
+11%
|
32
-7%
|
33
+5%
|
40
+21%
|
37
-7%
|
41
+9%
|
44
+6%
|
35
-20%
|
33
-6%
|
29
-11%
|
33
+16%
|
33
-1%
|
44
+32%
|
41
-7%
|
38
-8%
|
40
+6%
|
35
-12%
|
43
+21%
|
39
-8%
|
44
+11%
|
41
-7%
|
37
-8%
|
40
+8%
|
68
+69%
|
71
+4%
|
67
-6%
|
68
+3%
|
30
-55%
|
36
+18%
|
54
+49%
|
54
-1%
|
64
+20%
|
52
-18%
|
40
-24%
|
49
+23%
|
47
-4%
|
46
-1%
|
65
+39%
|
60
-7%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(39)
|
(40)
|
(41)
|
(37)
|
(36)
|
(35)
|
(34)
|
(37)
|
(39)
|
(44)
|
(51)
|
(54)
|
(57)
|
(54)
|
(51)
|
(41)
|
(33)
|
(28)
|
(21)
|
(24)
|
(30)
|
(31)
|
(30)
|
(33)
|
(33)
|
(35)
|
(35)
|
(30)
|
(21)
|
(19)
|
(21)
|
(28)
|
(30)
|
(31)
|
(30)
|
(31)
|
(37)
|
(37)
|
(38)
|
(38)
|
(39)
|
|
Other Items |
6
|
7
|
7
|
2
|
(4)
|
(6)
|
(6)
|
(6)
|
0
|
0
|
0
|
0
|
3
|
3
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Investing Activities |
(33)
N/A
|
(33)
+0%
|
(34)
-3%
|
(35)
-4%
|
(41)
-17%
|
(40)
+2%
|
(40)
+0%
|
(42)
-6%
|
(39)
+7%
|
(44)
-13%
|
(51)
-15%
|
(54)
-5%
|
(54)
-1%
|
(51)
+5%
|
(49)
+5%
|
(39)
+21%
|
(33)
+15%
|
(28)
+15%
|
(21)
+26%
|
(24)
-13%
|
(30)
-28%
|
(30)
+0%
|
(29)
+4%
|
(32)
-10%
|
(32)
-1%
|
(35)
-8%
|
(35)
-1%
|
(30)
+16%
|
(21)
+28%
|
(19)
+11%
|
(21)
-10%
|
(28)
-33%
|
(29)
-6%
|
(31)
-4%
|
(29)
+5%
|
(31)
-7%
|
(37)
-19%
|
(37)
+1%
|
(37)
-2%
|
(38)
-1%
|
(38)
-1%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
|
Net Issuance of Debt |
(0)
|
(0)
|
(0)
|
(0)
|
3
|
(0)
|
(0)
|
(0)
|
(3)
|
8
|
18
|
27
|
27
|
17
|
8
|
0
|
(3)
|
(7)
|
(12)
|
(16)
|
(13)
|
(10)
|
(7)
|
(8)
|
(6)
|
(12)
|
(12)
|
(8)
|
24
|
32
|
21
|
21
|
(16)
|
(18)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
7
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(5)
|
(6)
|
(51)
|
(51)
|
(51)
|
(51)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(32)
|
|
Other |
0
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Cash from Financing Activities |
0
N/A
|
0
+371%
|
0
+48%
|
0
-80%
|
3
+3 050%
|
(1)
N/A
|
(1)
-3%
|
(1)
+7%
|
(4)
-362%
|
8
N/A
|
18
+124%
|
26
+43%
|
26
-1%
|
17
-36%
|
7
-57%
|
0
-98%
|
(4)
N/A
|
(8)
-114%
|
(12)
-49%
|
(16)
-33%
|
(13)
+22%
|
(10)
+18%
|
(7)
+29%
|
(9)
-18%
|
(7)
+15%
|
(15)
-104%
|
(17)
-12%
|
(15)
+14%
|
(28)
-89%
|
(20)
+28%
|
(31)
-53%
|
(31)
-2%
|
(24)
+24%
|
(26)
-9%
|
(18)
+30%
|
(20)
-12%
|
(20)
+0%
|
(20)
-1%
|
(20)
+0%
|
(20)
0%
|
(25)
-22%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Net Change in Cash |
(4)
N/A
|
(2)
+59%
|
1
N/A
|
(3)
N/A
|
(4)
-44%
|
(1)
+87%
|
(3)
-500%
|
(2)
+36%
|
0
N/A
|
(2)
N/A
|
(1)
+68%
|
1
N/A
|
5
+351%
|
(1)
N/A
|
2
N/A
|
3
+3%
|
1
-62%
|
4
+303%
|
2
-46%
|
3
+39%
|
(4)
N/A
|
3
N/A
|
4
+39%
|
(3)
N/A
|
1
N/A
|
18
+2 818%
|
18
+1%
|
22
+23%
|
19
-13%
|
(8)
N/A
|
(15)
-83%
|
(5)
+68%
|
1
N/A
|
8
+1 152%
|
5
-32%
|
(12)
N/A
|
(8)
+28%
|
(10)
-19%
|
(11)
-14%
|
6
N/A
|
(3)
N/A
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
(10)
N/A
|
(9)
+7%
|
(7)
+27%
|
(5)
+29%
|
(3)
+36%
|
6
N/A
|
3
-47%
|
4
+38%
|
4
-1%
|
(10)
N/A
|
(19)
-92%
|
(25)
-33%
|
(23)
+7%
|
(20)
+12%
|
(7)
+65%
|
(0)
+95%
|
5
N/A
|
12
+158%
|
14
+18%
|
19
+35%
|
9
-53%
|
13
+40%
|
11
-13%
|
5
-58%
|
7
+55%
|
33
+361%
|
35
+6%
|
37
+5%
|
47
+27%
|
11
-76%
|
15
+32%
|
26
+70%
|
24
-8%
|
33
+40%
|
23
-31%
|
8
-64%
|
11
+39%
|
10
-12%
|
9
-14%
|
27
+203%
|
21
-19%
|