National Grid PLC ADR (NGG) — Cash Flow-to-Debt Ratio
National Grid PLC ADR (NGG) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of $2.82 Billion could theoretically repay 0% of its total liabilities ($66.54 Billion) in one year. See National Grid PLC ADR free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
National Grid PLC ADR Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for National Grid PLC ADR across 33 annual periods. For the full cash flow conversion analysis, see National Grid PLC ADR cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for National Grid PLC ADR (1993–2025)
Year-by-year debt coverage analysis for National Grid PLC ADR. Check cash flow quality index of National Grid PLC ADR to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $5.27 Billion | $68.92 Billion | ▼ -7.2% |
| 2024 | 0.08x | $5.64 Billion | $68.43 Billion | ▼ -24.6% |
| 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 | ▼ -2.6% |
| 2020 | 0.10x | $4.62 Billion | $47.77 Billion | ▲ +19.5% |
| 2019 | 0.08x | $3.55 Billion | $43.84 Billion | ▼ -8.5% |
| 2018 | 0.09x | $3.53 Billion | $39.94 Billion | ▼ -15.2% |
| 2017 | 0.10x | $4.74 Billion | $45.46 Billion | ▼ -5.3% |
| 2016 | 0.11x | $4.99 Billion | $45.37 Billion | ▲ +1.9% |
| 2015 | 0.11x | $4.66 Billion | $43.12 Billion | ▲ +42.5% |
| 2014 | 0.08x | $3.07 Billion | $40.47 Billion | ▲ +7.7% |
| 2013 | 0.07x | $3.13 Billion | $44.47 Billion | ▼ -24.4% |
| 2012 | 0.09x | $3.55 Billion | $38.09 Billion | ▼ -8.8% |
| 2011 | 0.10x | $3.81 Billion | $37.33 Billion | ▲ +7.6% |
| 2010 | 0.09x | $3.73 Billion | $39.34 Billion | ▲ +35.7% |
| 2009 | 0.07x | $2.83 Billion | $40.48 Billion | ▼ -9.0% |
| 2008 | 0.08x | $2.49 Billion | $32.40 Billion | ▼ -18.7% |
| 2007 | 0.09x | $2.29 Billion | $24.25 Billion | ▼ -8.6% |
| 2006 | 0.10x | $2.32 Billion | $22.43 Billion | ▲ +4.7% |
| 2005 | 0.10x | $2.51 Billion | $25.44 Billion | ▲ +53.6% |
| 2004 | 0.06x | $1.42 Billion | $22.13 Billion | ▼ -16.5% |
| 2003 | 0.08x | $1.82 Billion | $23.71 Billion | ▲ +96.0% |
| 2002 | 0.04x | $554.40 Million | $14.12 Billion | ▲ +204.3% |
| 2001 | 0.01x | $83.40 Million | $6.46 Billion | ▼ -49.9% |
| 2000 | 0.03x | $149.90 Million | $5.82 Billion | ▼ -46.5% |
| 1999 | 0.05x | $151.30 Million | $3.14 Billion | ▲ +123.6% |
| 1998 | -0.20x | $-508.60 Million | $2.49 Billion | ▼ -157.5% |
| 1997 | 0.35x | $694.70 Million | $1.96 Billion | ▲ +178.0% |
| 1996 | -0.46x | $-952.30 Million | $2.09 Billion | ▼ -209.4% |
| 1995 | 0.42x | $506.50 Million | $1.22 Billion | ▲ +47.4% |
| 1994 | 0.28x | $455.10 Million | $1.61 Billion | ▲ +15.0% |
| 1993 | 0.25x | $408.40 Million | $1.67 Billion | — |