National Grid (NGG) Times Interest Earned (2009 - 2024)
National Grid (NGG) posted quarterly Times Interest Earned 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 (NGG) Times Interest Earned (2009 - 2024) Analysis & Trends
National Grid's Times Interest Earned history runs 9 years deep, the most recent figure standing at -$1.31 for Q3 2024.
- In Q3 2024, Times Interest Earned 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.
- Times Interest Earned for Q3 2024 stood at -$1.31, up from -$3.17 in the prior quarter.
- The five-year high for Times Interest Earned was $2.48 in Q3 2023, with the low at -$3.17 in Q2 2024.
- The 3-year median for Times Interest Earned is -$0.54 (2023), against an average of -$0.16.
- Peak annual rise in Times Interest Earned reached 152.65% in 2024, while the deepest fall reached 644.85% in 2024.
- National Grid's Times Interest Earned 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 NGG's Times Interest Earned at -$1.31 in Q3 2024, -$3.17 in Q2 2024, and $2.11 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 0.59 |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 1.59 |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 1.89 |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 2.20 |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 2.47 |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 2.12 |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 2.01 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 3.45 |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 1.80 |
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 |