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National Grid PLC  (NYSE:NGG) Current Portion of Long-Term Debt: $5,152 Mil (As of Sep. 2017)

Short-Term Debt is the portion of a company's debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. National Grid PLC's short-term debt for the quarter that ended in Sep. 2017 was $5,152 Mil.

Long-Term Debt & Capital Lease Obligation is the debt due more than 12 months in the future. National Grid PLC's long-term debt for the quarter that ended in Sep. 2017 was $29,660 Mil.


Historical Data

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

* Premium members only.

National Grid PLC Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Current Portion of Long-Term Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,200.60 5,832.23 4,526.16 5,143.87 6,785.19

National Grid PLC Semi-Annual Data

Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
Current Portion of Long-Term Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,447.85 5,143.87 5,452.04 6,785.19 5,152.00

Calculation

This is the portion of a company's debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


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