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GuruFocus has detected 7 Warning Signs with National Grid PLC $NGG.
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National Grid PLC (NYSE:NGG)
Research & Development
$0 Mil (TTM As of Mar. 2017)

This is the expense the company spent on research and development. National Grid PLC's research and development for the six months ended in Mar. 2017 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2017 was $0 Mil.


Definition

This is the expense the company spent on research and development.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Grid PLC Research & Development for the trailing twelve months (TTM) ended in Mar. 2017 was $0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

National Grid PLC Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
Research & Development 0000000000

National Grid PLC Semi-Annual Data

Sep12Mar13Sep13Mar14Sep14Mar15Sep15Mar16Sep16Mar17
Research & Development 0000000000
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