National Grid PLC ADR (NGG) — Defensive Interval Ratio

Latest as of September 2025: 239 days

National Grid PLC ADR (NGG) has a Defensive Interval Ratio of 239 days as of September 2025. Defensive assets of $6.00 Billion (cash $-, short-term investments $3.17 Billion, receivables $2.83 Billion) cover 239 days of daily cash needs of $25.16 Million/day. Check NGG tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

239 days
Days of operational coverage

Defensive Assets

$6.00 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$25.16 Million
Current Liabilities ÷ 365

Current Liabilities

$9.19 Billion
USD

National Grid PLC ADR Defensive Interval Ratio (1993–2025)

This chart shows how National Grid PLC ADR's Defensive Interval Ratio has evolved across 33 annual periods from 1993 to 2025. As of September 2025, the ratio stands at 239 days, meaning defensive assets of $6.00 Billion can fund 239 days of operations without new revenue. Also explore National Grid PLC ADR net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for National Grid PLC ADR (1993–2025)

The table below presents the year-by-year Defensive Interval Ratio for National Grid PLC ADR from 1993 to 2025, covering 33 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 live market cap and the full company financial profile, see market cap of National Grid PLC ADR.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 327 days $9.51 Billion $29.10 Million/day $- $5.75 Billion ▲ +111 days
2024 216 days $6.73 Billion $31.20 Million/day $- $3.70 Billion ▼ -26 days
2023 242 days $6.05 Billion $25.01 Million/day $- $2.60 Billion ▲ +147 days
2022 95 days $6.43 Billion $67.86 Million/day $0.00 $3.15 Billion ▼ -97 days
2021 191 days $4.91 Billion $25.67 Million/day $40.00 Million $2.34 Billion ▼ -4 days
2020 195 days $4.58 Billion $23.46 Million/day $0.00 $2.00 Billion ▼ -13 days
2019 208 days $5.21 Billion $25.01 Million/day $75.00 Million $1.98 Billion ▲ +13 days
2018 195 days $4.64 Billion $23.83 Million/day $275.00 Million $2.69 Billion ▼ -249 days
2017 444 days $12.78 Billion $28.80 Million/day $940.00 Million $8.74 Billion ▲ +242 days
2016 202 days $4.27 Billion $21.15 Million/day $- $3.00 Billion ▼ -2 days
2015 204 days $4.13 Billion $20.20 Million/day $- $2.56 Billion ▼ -117 days
2014 321 days $6.45 Billion $20.08 Million/day $- $3.60 Billion ▼ -136 days
2013 457 days $9.33 Billion $20.40 Million/day $- $5.43 Billion ▲ +192 days
2012 265 days $4.36 Billion $16.45 Million/day $- $2.39 Billion ▼ -35 days
2011 300 days $5.62 Billion $18.70 Million/day $- $3.41 Billion ▲ +81 days
2010 219 days $3.94 Billion $17.97 Million/day $- $1.65 Billion ▼ -42 days
2009 261 days $5.03 Billion $19.25 Million/day $- $2.20 Billion ▲ +37 days
2008 225 days $4.40 Billion $19.58 Million/day $- $2.10 Billion ▼ -217 days
2007 442 days $4.07 Billion $9.21 Million/day $- $2.10 Billion ▲ +319 days
2006 122 days $1.90 Billion $15.57 Million/day $- $384.00 Million ▼ -149 days
2005 271 days $4.44 Billion $16.37 Million/day $- $398.00 Million ▼ -118 days
2004 390 days $4.82 Billion $12.36 Million/day $- $520.00 Million ▼ -22 days
2003 411 days $5.69 Billion $13.82 Million/day $- $482.00 Million ▼ -277 days
2002 688 days $5.60 Billion $8.14 Million/day $- $15.40 Million ▲ +373 days
2001 316 days $1.91 Billion $6.06 Million/day $- $16.60 Million ▲ +80 days
2000 236 days $1.20 Billion $5.10 Million/day $- $16.60 Million ▲ +190 days
1999 46 days $177.60 Million $3.88 Million/day $- $16.60 Million ▼ -51 days
1998 97 days $292.00 Million $3.01 Million/day $- $- ▲ +57 days
1997 40 days $107.20 Million $2.67 Million/day $- $100.00K ▼ -85 days
1996 125 days $278.70 Million $2.22 Million/day $- $100.00K ▲ +37 days
1995 89 days $167.20 Million $1.88 Million/day $- $78.20 Million ▼ -10 days
1994 99 days $218.60 Million $2.22 Million/day $- $121.30 Million ▲ +68 days
1993 31 days $76.10 Million $2.46 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)