National Inventory from 2010 to 2024

NGG Stock  USD 72.72  0.35  0.48%   
National Grid's Inventory is increasing over the last several years with slightly volatile swings. Inventory is estimated to finish at about 893.5 M this year. During the period from 2010 to 2024 National Grid PLC Inventory regressed destribution of quarterly values had coefficient of variationof  57.27 and r-value of  0.88. View All Fundamentals
 
Inventory  
First Reported
1999-09-30
Previous Quarter
931 M
Current Value
931 M
Quarterly Volatility
621 M
 
Dot-com Bubble
 
Housing Crash
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 991.2 M, Interest Expense of 1 B or Total Revenue of 26.2 B, as well as many exotic indicators such as Price To Sales Ratio of 8.76, Dividend Yield of 0.0068 or PTB Ratio of 5.58. National financial statements analysis is a perfect complement when working with National Grid Valuation or Volatility modules.
  
This module can also supplement National Grid's financial leverage analysis and stock options assessment as well as various National Grid Technical models . Check out the analysis of National Grid Correlation against competitors.

Latest National Grid's Inventory Growth Pattern

Below is the plot of the Inventory of National Grid PLC over the last few years. It is National Grid's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

National Inventory Regression Statistics

Arithmetic Mean427,563,333
Geometric Mean308,206,341
Coefficient Of Variation57.27
Mean Deviation189,089,333
Median370,000,000
Standard Deviation244,858,932
Sample Variance59955.9T
Range888.6M
R-Value0.88
Mean Square Error14339.2T
R-Squared0.78
Significance0.000014
Slope48,291,250
Total Sum of Squares839382.6T

National Inventory History

2024893.5 M
2023851 M
2022740 M
2021511 M
2020439 M
2019549 M
2018370 M

Other Fundumenentals of National Grid PLC

About National Grid Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Grid income statement, its balance sheet, and the statement of cash flows. National Grid investors use historical funamental indicators, such as National Grid's Inventory, to determine how well the company is positioned to perform in the future. Although National Grid investors may use each financial statement separately, they are all related. The changes in National Grid's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Grid's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on National Grid Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Grid. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory851 M893.5 M
Change To Inventory 0.00  0.00 
Inventory Turnover 12.81  18.67 
Days Of Inventory On Hand 29.48  17.10 
Average Inventory 0.00  0.00 
Days Of Inventory Outstanding 29.48  17.10 

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.
Note that the National Grid PLC information on this page should be used as a complementary analysis to other National Grid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running National Grid's price analysis, check to measure National Grid's 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 National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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Is National Grid's industry 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
(0.11)
Dividend Share
0.57
Earnings Share
4.4
Revenue Per Share
4.694
Quarterly Revenue Growth
(0.10)
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.