National Grid plc (NNGD) - Total Assets
Based on the latest financial reports, National Grid plc (NNGD) holds total assets worth €106.74 Billion EUR (≈ $124.79 Billion USD) as of March 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check NNGD cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
National Grid plc - Total Assets Trend (2017–2025)
This chart illustrates how National Grid plc's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see NNGD stock market capitalisation.
National Grid plc - Asset Composition Analysis
Current Asset Composition (March 2025)
National Grid plc's total assets of €106.74 Billion consist of 13.4% current assets and 86.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 1.1% |
| Accounts Receivable | €3.05 Billion | 2.9% |
| Inventory | €557.00 Million | 0.5% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €3.56 Billion | 3.3% |
| Goodwill | €9.53 Billion | 8.9% |
Asset Composition Trend (2017–2025)
This chart illustrates how National Grid plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See National Grid plc (NNGD) net assets for net asset value and shareholders' equity analysis.
Key Asset Composition Facts
- Current vs. Non-Current Assets: National Grid plc's current assets represent 13.4% of total assets in 2025, a decrease from 20.6% in 2017.
- Cash Position: Cash and equivalents constituted 1.1% of total assets in 2025, down from 1.7% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 10.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 8.9% of total assets.
National Grid plc Competitors by Total Assets
Key competitors of National Grid plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Enel Américas S.A
SN:ENELAM
|
Chile | CL$34.87 Billion |
|
Yunnan Wenshan Electric Power Co Ltd
SHG:600995
|
China | CN¥56.20 Billion |
|
Transmissora Aliança de Energia Elétrica S.A
SA:TAEE11
|
Brazil | R$21.81 Billion |
|
CENTRAL PUERTO ADR/1 AP1
F:C3TA
|
Germany | €3.67 Trillion |
|
Datang HuaYin Electric Power Co Ltd
SHG:600744
|
China | CN¥28.28 Billion |
|
Guizhou Qianyuan Power Co Ltd
SHE:002039
|
China | CN¥15.53 Billion |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
Argentina | AR$1.03 Trillion |
|
Dala Energi AB
ST:DE
|
Sweden | Skr2.22 Billion |
National Grid plc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 0.91 | 0.68 |
| Quick Ratio | 1.30 | 0.84 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.71 Billion | €-1.01 Billion | €-2.76 Billion |
National Grid plc - Advanced Valuation Insights
This section examines the relationship between National Grid plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.77 |
| Latest Market Cap to Assets Ratio | 0.69 |
| Asset Growth Rate (YoY) | 8.6% |
| Total Assets | €106.74 Billion |
| Market Capitalization | $73.58 Billion USD |
Valuation Analysis
Below Book Valuation: The market values National Grid plc's assets below their book value (0.69x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: National Grid plc's assets grew by 8.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for National Grid plc (2017–2025)
The table below shows the annual total assets of National Grid plc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | €106.74 Billion ≈ $124.79 Billion |
+8.56% |
| 2024-03-31 | €98.33 Billion ≈ $114.95 Billion |
+6.07% |
| 2023-03-31 | €92.70 Billion ≈ $108.37 Billion |
-2.28% |
| 2022-03-31 | €94.86 Billion ≈ $110.90 Billion |
+41.13% |
| 2021-03-31 | €67.22 Billion ≈ $78.58 Billion |
+0.19% |
| 2020-03-31 | €67.09 Billion ≈ $78.43 Billion |
+6.55% |
| 2019-03-31 | €62.96 Billion ≈ $73.61 Billion |
+7.10% |
| 2018-03-31 | €58.79 Billion ≈ $68.73 Billion |
-10.71% |
| 2017-03-31 | €65.84 Billion ≈ $76.97 Billion |
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About National Grid plc
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity dis… Read more