National Net Invested Capital from 2010 to 2024

NGG Stock  USD 63.26  0.15  0.24%   
National Grid's Net Invested Capital is decreasing over the last several years with very volatile swings. Net Invested Capital is predicted to flatten to about 45.9 B. Net Invested Capital is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. View All Fundamentals
 
Net Invested Capital  
First Reported
2010-12-31
Previous Quarter
76.2 B
Current Value
45.9 B
Quarterly Volatility
12.8 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 2.2 B, Interest Expense of 1 B or Total Revenue of 11.1 B, as well as many indicators such as Price To Sales Ratio of 2.43, Dividend Yield of 0.0399 or PTB Ratio of 1.2. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
  
Check out the analysis of National Grid Correlation against competitors.

Latest National Grid's Net Invested Capital Growth Pattern

Below is the plot of the Net Invested Capital of National Grid PLC over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. National Grid's Net Invested Capital 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.
Net Invested Capital10 Years Trend
Very volatile
   Net Invested Capital   
       Timeline  

National Net Invested Capital Regression Statistics

Arithmetic Mean43,611,434,286
Geometric Mean41,710,427,025
Coefficient Of Variation29.34
Mean Deviation7,683,240,381
Median45,186,000,000
Standard Deviation12,796,530,278
Sample Variance163751187.2T
Range56.3B
R-Value(0.05)
Mean Square Error175961647.8T
R-Squared0
Significance0.87
Slope(133,833,571)
Total Sum of Squares2292516620.3T

National Net Invested Capital History

202445.9 B
202376.2 B
202229.5 B
202123.8 B
202019.8 B
201949.6 B
201847.8 B

About National Grid Financial Statements

National Grid stakeholders use historical fundamental indicators, such as National Grid's Net Invested Capital, 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 ReportedProjected for Next Year
Net Invested Capital76.2 B45.9 B

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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Grid. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Grid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.82)
Dividend Share
0.55
Earnings Share
2.57
Revenue Per Share
3.9126
Quarterly Revenue Growth
(0.06)
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Grid's market value can be influenced by many factors that don't directly affect National Grid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.