National Grid PLC (NG) — Cash Flow-to-Debt Ratio
National Grid PLC (NG) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of GBX2.82 Billion could theoretically repay 0% of its total liabilities (GBX66.54 Billion) in one year. Explore long-term investment intensity of National Grid PLC to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
National Grid PLC Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for National Grid PLC across 33 annual periods. Also explore National Grid PLC total assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for National Grid PLC (1993–2025)
Year-by-year debt coverage analysis for National Grid PLC. For market capitalisation and broader financial context, see National Grid PLC (NG) total market value.
| Year | CF-to-Debt Ratio | Operating CF (GBX) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | GBX6.81 Billion | GBX68.92 Billion | ▼ -2.6% |
| 2024 | 0.10x | GBX6.94 Billion | GBX68.43 Billion | ▼ -7.2% |
| 2023 | 0.11x | GBX6.90 Billion | GBX63.13 Billion | ▲ +23.7% |
| 2022 | 0.09x | GBX6.27 Billion | GBX71.00 Billion | ▼ -6.2% |
| 2021 | 0.09x | GBX4.46 Billion | GBX47.36 Billion | ▼ -3.1% |
| 2020 | 0.10x | GBX4.62 Billion | GBX47.51 Billion | ▼ -1.9% |
| 2019 | 0.10x | GBX4.32 Billion | GBX43.59 Billion | ▼ -12.1% |
| 2018 | 0.11x | GBX4.50 Billion | GBX39.94 Billion | ▼ -2.0% |
| 2017 | 0.12x | GBX5.23 Billion | GBX45.46 Billion | ▼ -2.8% |
| 2016 | 0.12x | GBX5.37 Billion | GBX45.37 Billion | ▲ +1.9% |
| 2015 | 0.12x | GBX5.01 Billion | GBX43.12 Billion | ▲ +16.9% |
| 2014 | 0.10x | GBX4.02 Billion | GBX40.47 Billion | ▲ +17.8% |
| 2013 | 0.08x | GBX3.75 Billion | GBX44.47 Billion | ▼ -24.0% |
| 2012 | 0.11x | GBX4.23 Billion | GBX38.09 Billion | ▼ -14.7% |
| 2011 | 0.13x | GBX4.86 Billion | GBX37.33 Billion | ▲ +13.4% |
| 2010 | 0.11x | GBX4.52 Billion | GBX39.34 Billion | ▲ +36.6% |
| 2009 | 0.08x | GBX3.40 Billion | GBX40.48 Billion | ▼ -48.8% |
| 2008 | 0.16x | GBX5.32 Billion | GBX32.40 Billion | ▲ +85.5% |
| 2007 | 0.09x | GBX2.15 Billion | GBX24.25 Billion | ▼ -12.5% |
| 2006 | 0.10x | GBX2.27 Billion | GBX22.43 Billion | ▲ +0.8% |
| 2005 | 0.10x | GBX2.55 Billion | GBX25.44 Billion | ▲ +56.0% |
| 2004 | 0.06x | GBX1.42 Billion | GBX22.13 Billion | ▼ -16.5% |
| 2003 | 0.08x | GBX1.82 Billion | GBX23.71 Billion | ▲ +96.0% |
| 2002 | 0.04x | GBX554.40 Million | GBX14.12 Billion | ▲ +204.3% |
| 2001 | 0.01x | GBX83.40 Million | GBX6.46 Billion | ▼ -49.9% |
| 2000 | 0.03x | GBX149.90 Million | GBX5.82 Billion | ▼ -46.5% |
| 1999 | 0.05x | GBX151.30 Million | GBX3.14 Billion | ▲ +123.6% |
| 1998 | -0.20x | GBX-508.60 Million | GBX2.49 Billion | ▼ -157.5% |
| 1997 | 0.35x | GBX694.70 Million | GBX1.96 Billion | ▲ +178.0% |
| 1996 | -0.46x | GBX-952.30 Million | GBX2.09 Billion | ▼ -209.4% |
| 1995 | 0.42x | GBX506.50 Million | GBX1.22 Billion | ▲ +47.4% |
| 1994 | 0.28x | GBX455.10 Million | GBX1.61 Billion | ▲ +15.0% |
| 1993 | 0.25x | GBX408.40 Million | GBX1.67 Billion | — |