National Long Term Debt vs Net Debt Analysis

NGG Stock

USD 63.68 0.35 0.55%

National Grid financial indicator trend analysis is infinitely more than just investigating National Grid PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Grid PLC is a good investment. Please check the relationship between National Grid Long Term Debt and its Net Debt accounts. 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.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of National Grid PLC Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between National Grid's Long Term Debt and Net Debt is 0.17. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt in the same time period over historical financial statements of National Grid PLC, assuming nothing else is changed. The correlation between historical values of National Grid's Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of National Grid PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., National Grid's Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that National Grid PLC has held for over one year. Long-term debt appears on National Grid PLC balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on National Grid PLC balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from National Grid's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. The National Grid's current Enterprise Value is estimated to increase to about 79.7 B, while Selling General Administrative is projected to decrease to roughly 1.8 B.

	2021	2022	2023	2024 (projected)
Interest Expense	1.2B	1.7B	1.7B	1.0B
Depreciation And Amortization	1.9B	2.1B	2.1B	2.2B

Interest Expense Depreciation And Amortization

National Grid fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.62	0.54	0.62	0.95	0.98	1.0	0.93	0.67	-0.12	0.99	-0.14	0.19	0.52	0.79	0.92	0.91	0.58	-0.37	0.99	0.79	0.62	0.56	0.67	0.14	0.52
Short Long Term Debt Total	0.62		0.35	0.37	0.51	0.65	0.62	0.53	0.4	-0.29	0.63	-0.03	0.04	0.44	0.4	0.55	0.51	0.34	0.08	0.65	0.41	0.32	0.3	0.51	0.04	0.25
Other Current Liab	0.54	0.35		0.8	0.37	0.43	0.56	0.28	0.22	0.08	0.48	0.22	0.29	0.28	0.47	0.5	0.32	0.83	-0.02	0.61	0.47	0.77	0.79	0.31	0.32	0.7
Total Current Liabilities	0.62	0.37	0.8		0.49	0.51	0.62	0.39	0.58	-0.09	0.55	0.08	0.23	0.41	0.46	0.48	0.37	0.89	-0.32	0.66	0.44	0.9	0.98	0.56	0.26	0.82
Total Stockholder Equity	0.95	0.51	0.37	0.49		0.94	0.94	0.97	0.6	-0.06	0.95	-0.19	0.13	0.36	0.8	0.86	0.91	0.48	-0.44	0.89	0.83	0.51	0.44	0.55	0.06	0.45
Property Plant And Equipment Net	0.98	0.65	0.43	0.51	0.94		0.98	0.93	0.66	-0.21	1.0	-0.16	0.1	0.53	0.79	0.93	0.94	0.48	-0.32	0.97	0.77	0.5	0.44	0.67	0.05	0.45
Net Debt	1.0	0.62	0.56	0.62	0.94	0.98		0.91	0.66	-0.15	0.99	-0.15	0.15	0.51	0.8	0.93	0.91	0.61	-0.33	0.99	0.81	0.61	0.56	0.65	0.1	0.54
Retained Earnings	0.93	0.53	0.28	0.39	0.97	0.93	0.91		0.62	0.02	0.93	-0.23	0.21	0.34	0.66	0.81	0.87	0.36	-0.46	0.87	0.79	0.45	0.34	0.56	0.12	0.25
Accounts Payable	0.67	0.4	0.22	0.58	0.6	0.66	0.66	0.62		-0.24	0.64	-0.21	0.11	0.63	0.36	0.53	0.6	0.41	-0.43	0.68	0.33	0.57	0.51	0.77	0.07	0.36
Cash	-0.12	-0.29	0.08	-0.09	-0.06	-0.21	-0.15	0.02	-0.24		-0.18	0.16	0.8	-0.09	-0.3	-0.18	-0.22	-0.18	-0.07	-0.14	-0.13	0.23	-0.02	-0.2	0.76	-0.36
Non Current Assets Total	0.99	0.63	0.48	0.55	0.95	1.0	0.99	0.93	0.64	-0.18		-0.14	0.1	0.5	0.82	0.95	0.95	0.52	-0.34	0.97	0.81	0.53	0.48	0.63	0.05	0.5
Non Currrent Assets Other	-0.14	-0.03	0.22	0.08	-0.19	-0.16	-0.15	-0.23	-0.21	0.16	-0.14		0.02	-0.16	-0.14	0.01	-0.21	0.05	-0.14	-0.11	-0.17	-0.01	0.17	-0.16	0.19	0.06
Cash And Short Term Investments	0.19	0.04	0.29	0.23	0.13	0.1	0.15	0.21	0.11	0.8	0.1	0.02		0.31	-0.17	0.02	-0.04	0.02	-0.11	0.21	-0.12	0.58	0.28	0.36	0.98	-0.13
Common Stock Total Equity	0.52	0.44	0.28	0.41	0.36	0.53	0.51	0.34	0.63	-0.09	0.5	-0.16	0.31		0.38	0.51	0.49	0.28	0.01	0.58	0.09	0.52	0.33	0.67	0.31	0.35
Common Stock Shares Outstanding	0.79	0.4	0.47	0.46	0.8	0.79	0.8	0.66	0.36	-0.3	0.82	-0.14	-0.17	0.38		0.86	0.87	0.58	-0.18	0.75	0.82	0.39	0.38	0.33	-0.23	0.72
Non Current Liabilities Total	0.92	0.55	0.5	0.48	0.86	0.93	0.93	0.81	0.53	-0.18	0.95	0.01	0.02	0.51	0.86		0.94	0.5	-0.28	0.92	0.79	0.45	0.42	0.53	0.0	0.53
Inventory	0.91	0.51	0.32	0.37	0.91	0.94	0.91	0.87	0.6	-0.22	0.95	-0.21	-0.04	0.49	0.87	0.94		0.38	-0.3	0.88	0.8	0.35	0.28	0.51	-0.12	0.45
Other Current Assets	0.58	0.34	0.83	0.89	0.48	0.48	0.61	0.36	0.41	-0.18	0.52	0.05	0.02	0.28	0.58	0.5	0.38		-0.33	0.61	0.61	0.79	0.85	0.32	0.03	0.83
Other Stockholder Equity	-0.37	0.08	-0.02	-0.32	-0.44	-0.32	-0.33	-0.46	-0.43	-0.07	-0.34	-0.14	-0.11	0.01	-0.18	-0.28	-0.3	-0.33		-0.31	-0.39	-0.35	-0.32	-0.25	-0.08	-0.13
Total Liab	0.99	0.65	0.61	0.66	0.89	0.97	0.99	0.87	0.68	-0.14	0.97	-0.11	0.21	0.58	0.75	0.92	0.88	0.61	-0.31		0.74	0.66	0.6	0.71	0.17	0.54
Property Plant And Equipment Gross	0.79	0.41	0.47	0.44	0.83	0.77	0.81	0.79	0.33	-0.13	0.81	-0.17	-0.12	0.09	0.82	0.79	0.8	0.61	-0.39	0.74		0.39	0.36	0.22	-0.21	0.48
Total Current Assets	0.62	0.32	0.77	0.9	0.51	0.5	0.61	0.45	0.57	0.23	0.53	-0.01	0.58	0.52	0.39	0.45	0.35	0.79	-0.35	0.66	0.39		0.88	0.62	0.56	0.64
Short Term Debt	0.56	0.3	0.79	0.98	0.44	0.44	0.56	0.34	0.51	-0.02	0.48	0.17	0.28	0.33	0.38	0.42	0.28	0.85	-0.32	0.6	0.36	0.88		0.5	0.32	0.78
Common Stock	0.67	0.51	0.31	0.56	0.55	0.67	0.65	0.56	0.77	-0.2	0.63	-0.16	0.36	0.67	0.33	0.53	0.51	0.32	-0.25	0.71	0.22	0.62	0.5		0.36	0.35
Short Term Investments	0.14	0.04	0.32	0.26	0.06	0.05	0.1	0.12	0.07	0.76	0.05	0.19	0.98	0.31	-0.23	0.0	-0.12	0.03	-0.08	0.17	-0.21	0.56	0.32	0.36		-0.11
Intangible Assets	0.52	0.25	0.7	0.82	0.45	0.45	0.54	0.25	0.36	-0.36	0.5	0.06	-0.13	0.35	0.72	0.53	0.45	0.83	-0.13	0.54	0.48	0.64	0.78	0.35	-0.11

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National Grid Account Relationship Matchups

National Grid fundamental ratios 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:

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Is National Stock a good investment?

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What is National Grid's Net Worth?

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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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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

2.59

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.

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National Long Term Debt vs Net Debt Analysis

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Debt

National Grid fundamental ratios Correlations

National Grid Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Grid fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Net Debt

Other Stockholder Equity	- 0.46	Retained Earnings
Other Stockholder Equity	- 0.44	Total Stockholder Equity
Other Stockholder Equity	- 0.43	Accounts Payable
Property Plant And Equipment Gross	- 0.39	Other Stockholder Equity
Other Stockholder Equity	- 0.37	Total Assets
Intangible Assets	- 0.36	Cash