National Grid Plc (NEWEN) Interest Coverage Ratio (2009 - 2024)
National Grid (NEWEN) posted quarterly Interest Coverage Ratio of 1.31 for Q3 2024, down 152.65% year-over-year from 2.48 in Q4 2023, and up 58.79% quarter-over-quarter from 3.17 in Q2 2024.
National Grid Plc (NEWEN) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
National Grid's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.31 for Q3 2024.
- In Q3 2024, Interest Coverage Ratio fell 152.65% year-over-year to 1.31; the TTM figure through Sep 2024 stood at 2.7 (down 23.79% YoY), while the FY2025 annual figure was 2.57, up 6.57% from the prior year.
- Interest Coverage Ratio for Q3 2024 stood at 1.31, up from 3.17 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.48 in Q3 2023, with the low at 3.17 in Q2 2024.
- The 3-year median for Interest Coverage Ratio is 0.54 (2023), against an average of 0.16.
- Peak annual rise in Interest Coverage Ratio reached 152.65% in 2024, while the deepest fall reached 644.85% in 2024.
- National Grid's Interest Coverage Ratio stood at 0.65 in 2022, then jumped by 484.33% to 2.48 in 2023, then plunged by 152.65% to 1.31 in 2024.
- Business Quant data shows NEWEN's Interest Coverage Ratio at 1.31 in Q3 2024, 3.17 in Q2 2024, and 2.11 in Q1 2024.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -1.31 |
| May 23, 2024 | -3.17 |
| Mar 31, 2024 | 2.11 |
| Sep 30, 2023 | 2.48 |
| May 18, 2023 | -0.43 |
| Dec 31, 2022 | -0.65 |
| Sep 30, 2018 | -5.35 |
| Sep 30, 2016 | -1.07 |
| Sep 30, 2015 | -3.46 |
| Sep 30, 2014 | -3,629.14 Bn |
| Sep 30, 2011 | 1.92 |
| Sep 30, 2009 | -1.39 |