National Grid plc Defensive Interval Ratio
National Grid plc defensive interval ratio. National Grid plc (NNGD) has a Defensive Interval Ratio of 303 days as of March 2025. Defensive assets of €8.80 Billion (cash €-, short-term investments €5.75 Billion, receivables €3.05 Billion) cover 303 days of daily cash needs of €29.10 Million/day. Explore NNGD strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of National Grid plc (2017–2025)
Defensive interval ratio of National Grid plc from 2017 to 2025. This chart shows how National Grid plc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2025, the ratio stands at 303 days, meaning defensive assets of €8.80 Billion can fund 303 days of operations without new revenue. Read NNGD total liabilities for a breakdown of total debt and financial obligations.
National Grid plc Defensive Interval Ratio by Year (2017–2025)
National Grid plc defensive interval ratio by year from 2017 to 2025. The table below presents the year-by-year Defensive Interval Ratio for National Grid plc from 2017 to 2025, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see National Grid plc (NNGD) total assets.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 303 days | €8.80 Billion | €29.10 Million/day | €- | €5.75 Billion | ▲ +104 days |
| 2024 | 199 days | €6.20 Billion | €31.20 Million/day | €- | €3.70 Billion | ▼ -9 days |
| 2023 | 207 days | €5.19 Billion | €25.01 Million/day | €- | €2.60 Billion | ▲ +122 days |
| 2022 | 86 days | €5.81 Billion | €67.86 Million/day | €- | €3.15 Billion | ▼ -90 days |
| 2021 | 175 days | €4.49 Billion | €25.67 Million/day | €- | €2.34 Billion | ▲ +24 days |
| 2020 | 151 days | €3.55 Billion | €23.46 Million/day | €- | €2.00 Billion | ▼ -32 days |
| 2019 | 184 days | €4.59 Billion | €25.01 Million/day | €- | €1.31 Billion | ▼ -26 days |
| 2018 | 209 days | €4.99 Billion | €23.83 Million/day | €- | €2.30 Billion | ▼ -147 days |
| 2017 | 356 days | €10.25 Billion | €28.80 Million/day | €- | €7.43 Billion | — |