National Grid plc (NNGD) — Net Asset Quality Index
National Grid plc (NNGD) has a Net Asset Quality Index of 35.4% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €106.74 Billion minus total liabilities of €68.92 Billion yields net assets of €37.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of National Grid plc to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
National Grid plc Net Asset Quality Index Over Time (2017–2025)
This chart shows how National Grid plc's Net Asset Quality Index has evolved across 9 annual periods from 2017 to 2025. As of March 2025, the index stands at 35.4%, representing net assets of €37.83 Billion against total assets of €106.74 Billion EUR. Explore cash efficiency ratio of National Grid plc to assess how effectively this company generates cash.
Annual Net Asset Quality Index for National Grid plc (2017–2025)
The table below presents the year-by-year Net Asset Quality Index for National Grid plc from 2017 to 2025, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of National Grid plc.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 35.4% | €37.83 Billion | €106.74 Billion | €68.92 Billion | ▲ +5.0 pp |
| 2024 | 30.4% | €29.89 Billion | €98.33 Billion | €68.43 Billion | ▼ -1.5 pp |
| 2023 | 31.9% | €29.56 Billion | €92.70 Billion | €63.13 Billion | ▲ +6.7 pp |
| 2022 | 25.1% | €23.86 Billion | €94.86 Billion | €71.00 Billion | ▼ -4.4 pp |
| 2021 | 29.5% | €19.86 Billion | €67.22 Billion | €47.36 Billion | ▲ +0.4 pp |
| 2020 | 29.2% | €19.58 Billion | €67.09 Billion | €47.51 Billion | ▼ -1.6 pp |
| 2019 | 30.8% | €19.37 Billion | €62.96 Billion | €43.59 Billion | ▼ -1.3 pp |
| 2018 | 32.1% | €18.85 Billion | €58.79 Billion | €39.94 Billion | ▲ +1.1 pp |
| 2017 | 31.0% | €20.38 Billion | €65.84 Billion | €45.46 Billion | — |