National Interest Coverage from 2010 to 2026
| NGG Stock | USD 85.27 0.20 0.24% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 4.07 | Current Value 4.58 | Quarterly Volatility 0.72296004 |
Check National Grid financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Grid's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 811.7 M or Total Revenue of 11.8 B, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0573 or PTB Ratio of 1.37. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
National | Interest Coverage | Build AI portfolio with National Stock |
The Interest Coverage trend for National Grid PLC offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether National Grid is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest National Grid's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of National Grid PLC over the last few years. It is National Grid's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Grid's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
National Interest Coverage Regression Statistics
| Arithmetic Mean | 3.68 | |
| Geometric Mean | 3.62 | |
| Coefficient Of Variation | 19.64 | |
| Mean Deviation | 0.52 | |
| Median | 3.52 | |
| Standard Deviation | 0.72 | |
| Sample Variance | 0.52 | |
| Range | 3.2286 | |
| R-Value | (0.08) | |
| Mean Square Error | 0.55 | |
| R-Squared | 0.01 | |
| Significance | 0.75 | |
| Slope | (0.01) | |
| Total Sum of Squares | 8.36 |
National Interest Coverage History
About National Grid Financial Statements
National Grid stakeholders use historical fundamental indicators, such as National Grid's Interest Coverage, to determine how well the company is positioned to perform in the future. Although National Grid investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Grid's assets and liabilities are reflected in the revenues and expenses on National Grid's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in National Grid PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 4.07 | 4.58 |
Currently Active Assets on Macroaxis
When determining whether National Grid PLC is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:Check out the analysis of National Grid Correlation against competitors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Can Multi-Utilities industry sustain growth momentum? Does National have expansion opportunities? Factors like these will boost the valuation of National Grid. Anticipated expansion of National directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating National Grid demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.12) | Dividend Share 0.472 | Earnings Share 4.13 | Revenue Per Share | Quarterly Revenue Growth (0.11) |
Investors evaluate National Grid PLC using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating National Grid's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause National Grid's market price to deviate significantly from intrinsic value.
It's important to distinguish between National Grid's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Grid should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, National Grid's market price signifies the transaction level at which participants voluntarily complete trades.