National Grid PLC Cash Flow-to-Debt Ratio
National Grid PLC cash flow-to-debt ratio. National Grid PLC (NG) has a Cash Flow-to-Debt Ratio of 0.05x as of March 2026, meaning its operating cash flow of GBX3.41 Billion could theoretically repay 0% of its total liabilities (GBX68.95 Billion) in one year. Check National Grid PLC investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of National Grid PLC (1993–2026)
Cash flow-to-debt ratio of National Grid PLC from 1993 to 2026. Historical debt coverage capacity for National Grid PLC across 34 annual periods. Check NG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
National Grid PLC Cash Flow-to-Debt Ratio by Year (1993–2026)
National Grid PLC cash flow-to-debt ratio by year from 1993 to 2026. Year-by-year debt coverage analysis for National Grid PLC. For the full cash flow conversion analysis, see how efficiently does National Grid PLC generate cash.
| Year | CF-to-Debt Ratio | Operating CF (GBX) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.09x | GBX6.23 Billion | GBX68.95 Billion | ▼ -8.5% |
| 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 | — |