National Grid plc (NNGD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, National Grid plc (NNGD) has a cash flow conversion efficiency ratio of 0.049x as of September 2022. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€1.26 Billion ≈ $1.48 Billion USD) by net assets (€25.96 Billion ≈ $30.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See National Grid plc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
National Grid plc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how National Grid plc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
National Grid plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of National Grid plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vinci S.A.
PA:DG
|
0.276x |
|
BYD Co Ltd Class A
SHE:002594
|
0.070x |
|
NAURA Technology Group Co Ltd
SHE:002371
|
0.014x |
|
Ecolab Inc
NYSE:ECL
|
0.044x |
|
Cintas Corporation
NASDAQ:CTAS
|
0.130x |
|
American Electric Power Co Inc
NASDAQ:AEP
|
0.046x |
|
CN YANGT.PWR GDR REG S/A
F:CYZB
|
N/A |
|
Xiaomi Corporation
F:3CP
|
0.031x |
Annual Cash Flow Conversion Efficiency for National Grid plc (2017–2025)
The table below shows the annual cash flow conversion efficiency of National Grid plc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see National Grid plc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | €37.83 Billion ≈ $44.22 Billion |
€6.81 Billion ≈ $7.96 Billion |
0.180x | -22.47% |
| 2024-03-31 | €29.89 Billion ≈ $34.95 Billion |
€6.94 Billion ≈ $8.11 Billion |
0.232x | -0.52% |
| 2023-03-31 | €29.56 Billion ≈ $34.56 Billion |
€6.90 Billion ≈ $8.06 Billion |
0.233x | -11.25% |
| 2022-03-31 | €23.86 Billion ≈ $27.89 Billion |
€6.27 Billion ≈ $7.33 Billion |
0.263x | +17.05% |
| 2021-03-31 | €19.86 Billion ≈ $23.22 Billion |
€4.46 Billion ≈ $5.22 Billion |
0.225x | -4.74% |
| 2020-03-31 | €19.58 Billion ≈ $22.90 Billion |
€4.62 Billion ≈ $5.40 Billion |
0.236x | +5.77% |
| 2019-03-31 | €19.37 Billion ≈ $22.64 Billion |
€4.32 Billion ≈ $5.05 Billion |
0.223x | -6.69% |
| 2018-03-31 | €18.85 Billion ≈ $22.04 Billion |
€4.50 Billion ≈ $5.26 Billion |
0.239x | -6.87% |
| 2017-03-31 | €20.38 Billion ≈ $23.83 Billion |
€5.23 Billion ≈ $6.11 Billion |
0.257x | -- |
About National Grid plc
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity dis… Read more