National Historical Balance Sheet
NGG Stock | USD 63.68 0.35 0.55% |
Trend analysis of National Grid PLC balance sheet accounts such as Total Current Liabilities of 6.6 B provides information on National Grid's total assets, liabilities, and equity, which is the actual value of National Grid PLC to its prevalent stockholders. By breaking down trends over time using National Grid balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining National Grid PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Grid PLC is a good buy for the upcoming year.
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About National Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of National Grid PLC at a specified time, usually calculated after every quarter, six months, or one year. National Grid Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Grid and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which National currently owns. An asset can also be divided into two categories, current and non-current.
National Grid Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of National Grid assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in National Grid PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on National Grid balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of National Grid PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents National Grid obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of National Grid PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Long Term Investments
Long Term Investments is an item on the asset side of National Grid balance sheet that represents investments National Grid PLC intends to hold for over a year. National Grid PLC long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from National Grid's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into National Grid PLC current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, National Grid's Other Current Liabilities is most likely to increase significantly in the upcoming years. The National Grid's current Total Stockholder Equity is estimated to increase to about 31.4 B, while Accounts Payable is projected to decrease to roughly 2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 45.5B | 43.0B | 47.1B | 49.4B | Total Assets | 94.9B | 92.7B | 98.3B | 103.2B |
National Grid balance sheet Correlations
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National Grid balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 67.6B | 67.2B | 94.9B | 92.7B | 98.3B | 103.2B | |
Short Long Term Debt Total | 30.8B | 31.2B | 45.5B | 43.0B | 47.1B | 49.4B | |
Other Current Liab | 2.0B | 3.0B | 8.6B | 1.8B | 3.5B | 3.7B | |
Total Current Liabilities | 8.6B | 9.4B | 24.8B | 9.1B | 11.4B | 6.6B | |
Total Stockholder Equity | 19.8B | 19.8B | 23.8B | 29.5B | 29.9B | 31.4B | |
Property Plant And Equipment Net | 49.8B | 47.0B | 57.5B | 64.4B | 68.9B | 72.4B | |
Net Debt | 30.7B | 31.1B | 45.3B | 42.8B | 46.5B | 48.9B | |
Retained Earnings | 16.7B | 18.0B | 21.4B | 31.6B | 32.1B | 33.7B | |
Accounts Payable | 2.2B | 2.2B | 3.1B | 3.2B | 2.8B | 2.0B | |
Cash | 73M | 157M | 204M | 163M | 548M | 382.7M | |
Non Current Assets Total | 61.8B | 57.3B | 76.9B | 80.0B | 87.9B | 92.3B | |
Non Currrent Assets Other | (3.8B) | 1.8B | 3.9B | (80.0B) | 4.2B | 4.4B | |
Cash And Short Term Investments | 2.1B | 2.5B | 3.3B | 2.8B | 4.2B | 2.5B | |
Common Stock Total Equity | 0.0 | 458M | 470M | 474M | 545.1M | 311.7M | |
Common Stock Shares Outstanding | 3.5B | 3.5B | 3.6B | 3.7B | 3.7B | 3.9B | |
Liabilities And Stockholders Equity | 67.6B | 67.2B | 94.9B | 92.7B | 98.3B | 103.2B | |
Non Current Liabilities Total | 39.2B | 38.0B | 46.2B | 40.4B | 57.0B | 59.9B | |
Inventory | 549M | 439M | 511M | 740M | 730M | 766.5M | |
Other Current Assets | 501M | 5.6B | 12.3B | 3.5B | 3.4B | 3.5B | |
Other Stockholder Equity | 1.3B | (3.8B) | (3.3B) | (2.6B) | (2.7B) | (2.8B) | |
Total Liab | 47.8B | 47.4B | 71.0B | 63.1B | 68.4B | 71.9B | |
Property Plant And Equipment Gross | 3.9B | 47.0B | 73.3B | 81.8B | 87.1B | 91.5B | |
Total Current Assets | 5.8B | 9.9B | 18.0B | 9.2B | 10.4B | 6.2B | |
Short Term Debt | 4.1B | 3.8B | 12.3B | 3.0B | 4.9B | 3.3B | |
Common Stock | 470M | 474M | 485M | 488M | 493M | 348.4M | |
Short Term Investments | 2.0B | 2.3B | 3.1B | 841M | 3.7B | 2.1B | |
Accumulated Other Comprehensive Income | 1.3B | 71M | 602M | 1.3B | (4.0B) | (4.2B) | |
Intangible Assets | 7.0B | 6.0B | 12.8B | 3.6B | 3.4B | 2.1B | |
Other Liab | 9.4B | 11.3B | 10.5B | 12.0B | 13.8B | 10.9B | |
Other Assets | 3.0B | 2.6B | 4.5B | 3.5B | 3.1B | 2.6B | |
Long Term Debt | 26.1B | 27.5B | 32.9B | 39.4B | 41.5B | 32.7B | |
Net Receivables | 2.7B | 1.5B | 2.0B | 2.1B | 2.0B | 1.9B | |
Property Plant Equipment | 48.8B | 47.0B | 57.5B | 64.4B | 74.1B | 51.9B | |
Good Will | 5.7B | 4.6B | 9.5B | 9.8B | 9.7B | 5.5B | |
Current Deferred Revenue | 297M | 358M | 754M | 827M | 127M | 133.4M | |
Net Tangible Assets | 12.4B | 12.0B | 13.8B | 11.0B | 12.7B | 13.3B | |
Short Long Term Debt | 4.0B | 3.6B | 12.0B | 2.9B | 4.7B | 4.5B | |
Long Term Debt Total | 26.7B | 27.5B | 33.3B | 40.0B | 36.0B | 26.3B |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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.