Natural Debt Ratio from 2010 to 2024

NGS Stock  USD 27.23  1.32  5.09%   
Natural Gas Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Natural Gas Debt Ratio quarterly data regression had r-value of  0.09 and coefficient of variation of  186.74. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.34257377
Current Value
0.36
Quarterly Volatility
0.18340061
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Natural Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Natural Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 16.2 M, Interest Expense of 4.3 M or Selling General Administrative of 17.9 M, as well as many indicators such as Price To Sales Ratio of 2.21, Dividend Yield of 0.0011 or PTB Ratio of 1.53. Natural financial statements analysis is a perfect complement when working with Natural Gas Valuation or Volatility modules.
  
Check out the analysis of Natural Gas Correlation against competitors.

Latest Natural Gas' Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Natural Gas Services over the last few years. It is Natural Gas' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Natural Gas' overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Very volatile
   Debt Ratio   
       Timeline  

Natural Debt Ratio Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.01
Coefficient Of Variation186.74
Mean Deviation0.13
Median0
Standard Deviation0.18
Sample Variance0.03
Range0.5961
R-Value0.09
Mean Square Error0.04
R-Squared0.01
Significance0.75
Slope0
Total Sum of Squares0.47

Natural Debt Ratio History

2024 0.36
2023 0.34
2021 0.0762
2020 0.001359
2019 0.001455
2018 0.001365
2017 0.001398

Other Fundumenentals of Natural Gas Services

Natural Gas Debt Ratio component correlations

0.64-0.290.60.610.780.740.830.830.51-0.4-0.090.730.560.740.690.77-0.11-0.71-0.650.59-0.570.73
0.64-0.11-0.180.990.060.00.170.120.78-0.450.30.93-0.060.760.020.570.00.07-0.270.05-0.320.03
-0.29-0.11-0.3-0.21-0.28-0.34-0.36-0.29-0.07-0.160.640.08-0.05-0.56-0.39-0.510.020.290.4-0.260.39-0.34
0.6-0.18-0.3-0.20.930.950.910.92-0.27-0.01-0.52-0.010.780.240.890.52-0.22-0.89-0.690.79-0.550.85
0.610.99-0.21-0.20.04-0.020.150.090.8-0.420.220.87-0.110.810.020.60.00.09-0.260.06-0.320.0
0.780.06-0.280.930.040.960.960.970.03-0.18-0.370.230.810.380.890.6-0.25-0.91-0.650.8-0.520.87
0.740.0-0.340.95-0.020.960.960.970.0-0.13-0.510.130.680.420.870.65-0.12-0.94-0.690.82-0.540.89
0.830.17-0.360.910.150.960.960.960.07-0.27-0.480.310.720.530.920.75-0.14-0.88-0.790.74-0.680.91
0.830.12-0.290.920.090.970.970.960.1-0.18-0.340.290.780.420.90.62-0.13-0.92-0.650.81-0.510.87
0.510.78-0.07-0.270.80.030.00.070.1-0.450.340.68-0.170.57-0.050.340.170.010.120.110.12-0.07
-0.4-0.45-0.16-0.01-0.42-0.18-0.13-0.27-0.18-0.45-0.11-0.53-0.07-0.31-0.24-0.35-0.240.10.27-0.050.31-0.2
-0.090.30.64-0.520.22-0.37-0.51-0.48-0.340.34-0.110.43-0.06-0.36-0.5-0.520.090.40.6-0.310.58-0.52
0.730.930.08-0.010.870.230.130.310.290.68-0.530.430.210.610.170.510.02-0.08-0.340.13-0.360.17
0.56-0.06-0.050.78-0.110.810.680.720.78-0.17-0.07-0.060.210.020.810.27-0.31-0.65-0.470.6-0.360.62
0.740.76-0.560.240.810.380.420.530.420.57-0.31-0.360.610.020.390.91-0.09-0.3-0.640.36-0.640.41
0.690.02-0.390.890.020.890.870.920.9-0.05-0.24-0.50.170.810.390.63-0.1-0.79-0.750.71-0.650.83
0.770.57-0.510.520.60.60.650.750.620.34-0.35-0.520.510.270.910.63-0.08-0.45-0.830.58-0.810.58
-0.110.00.02-0.220.0-0.25-0.12-0.14-0.130.17-0.240.090.02-0.31-0.09-0.1-0.080.150.11-0.080.1-0.13
-0.710.070.29-0.890.09-0.91-0.94-0.88-0.920.010.10.4-0.08-0.65-0.3-0.79-0.450.150.56-0.650.41-0.93
-0.65-0.270.4-0.69-0.26-0.65-0.69-0.79-0.650.120.270.6-0.34-0.47-0.64-0.75-0.830.110.56-0.430.98-0.77
0.590.05-0.260.790.060.80.820.740.810.11-0.05-0.310.130.60.360.710.58-0.08-0.65-0.43-0.290.48
-0.57-0.320.39-0.55-0.32-0.52-0.54-0.68-0.510.120.310.58-0.36-0.36-0.64-0.65-0.810.10.410.98-0.29-0.67
0.730.03-0.340.850.00.870.890.910.87-0.07-0.2-0.520.170.620.410.830.58-0.13-0.93-0.770.48-0.67
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About Natural Gas Financial Statements

Natural Gas shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Natural Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Natural Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Natural Gas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.34  0.36 
Cash Flow To Debt Ratio 0.11  0.10 

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Additional Tools for Natural Stock Analysis

When running Natural Gas' price analysis, check to measure Natural Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.