Growth For The Year Ended 2019-03-31
National Grid Transco PLC PLC (NEW) American Depositary Shares does not report a substantial amount of sales growth. It is not beneficial. With that, traders will appreciate NGG’s gross profit margin of 82%. Last year, the company showed sales of $14540. 0 million.
NGG does not report very significant EBITDA growth. In spite of that, the company’s EBITDA ratio is equal to 34%. I believe that the company’s performance is useful.
Balance Sheet Statement As Of 2020-03-31
With an A/L ratio of more than 1x, NGG’s balance sheet looks stable. In Q2, the total amount of assets was equal to $65775 million, with total liabilities of $47432 million.
NGG’s short term debt is less significant than the company’s cash. I feel that National Grid Transco PLC PLC (NEW) American Depositary Shares may not have to worry about any liquidity risk. NGG’s debt to equity ratio is below 2x. Evidently, the debt level appears to be under control. Note that National Grid Transco PLC PLC (NEW) American Depositary Shares reports cash and cash equivalents of $164 million, and net debt of $2147 million. NGG trades at 65x EBITDA, which may not seem cheap. But, with the company’s EBITDA margin of 34% the EV/EBITDA ratio makes sense. null
Quarterly Figures For The Quarter Ended 2020-09-30
In Q2 NGG reported quarterly sales of $3267 million, and gross profit of $2147 million. The gross profit margin was equal to 100%. Besides, NGG is profitable, which is beneficial. National Grid Transco PLC PLC (NEW) American Depositary Shares released positive quarterly EBITDA of $945. 0 million. I believe that when more investors get to know the financial statistics of NGG, the stock demand will increase. NGG also released positive net income of $300. 5 million. Taking this into account, many investors will most likely have a look at NGG.
I assume sales of $14540 million. So, NGG trades at 0. 14766162310866576x forward sales. In my view, it can be justified due to the fact that National Grid Transco PLC PLC (NEW) American Depositary Shares has decent margins. Institutional market participants Canton Hathaway, LLC, First Bank & Trust, and MOODY NATIONAL BANK TRUST DIVISION are National Grid Transco PLC PLC (NEW) American Depositary Shares investors.
About National Grid Transco PLC PLC (NEW) American Depositary Shares
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,212 kilometers of overhead lines; 2,239 kilometers of underground cables; and 347 substations in England and Wales, as well as Scottish electricity transmission systems.