National Grid plc (NNGD) — Cash Flow-to-Debt Ratio
National Grid plc (NNGD) has a Cash Flow-to-Debt Ratio of 0.02x as of September 2022, meaning its operating cash flow of €1.26 Billion could theoretically repay 0% of its total liabilities (€74.62 Billion) in one year. See cash generation quality of National Grid plc to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
National Grid plc Cash Flow-to-Debt Ratio (2017–2025)
Historical debt coverage capacity for National Grid plc across 9 annual periods. Also explore net asset momentum of National Grid plc to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for National Grid plc (2017–2025)
Year-by-year debt coverage analysis for National Grid plc. For market capitalisation and broader financial context, see how much is National Grid plc worth.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | €6.81 Billion | €68.92 Billion | ▼ -2.6% |
| 2024 | 0.10x | €6.94 Billion | €68.43 Billion | ▼ -7.2% |
| 2023 | 0.11x | €6.90 Billion | €63.13 Billion | ▲ +23.7% |
| 2022 | 0.09x | €6.27 Billion | €71.00 Billion | ▼ -6.2% |
| 2021 | 0.09x | €4.46 Billion | €47.36 Billion | ▼ -3.1% |
| 2020 | 0.10x | €4.62 Billion | €47.51 Billion | ▼ -1.9% |
| 2019 | 0.10x | €4.32 Billion | €43.59 Billion | ▼ -12.1% |
| 2018 | 0.11x | €4.50 Billion | €39.94 Billion | ▼ -2.0% |
| 2017 | 0.12x | €5.23 Billion | €45.46 Billion | — |