National Grid plc Working Capital to Net Assets Ratio
National Grid plc working capital to net assets ratio. National Grid plc (NNGD) has a Working Capital to Net Assets ratio of 9.8% as of March 2025. Working capital of €3.71 Billion (current assets of €14.33 Billion minus current liabilities of €10.62 Billion) is measured against net assets of €37.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NNGD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of National Grid plc (2017–2025)
Working capital to net assets ratio of National Grid plc from 2017 to 2025. This chart shows how National Grid plc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2025, the ratio stands at 9.8%, reflecting working capital of €3.71 Billion against net assets of €37.83 Billion EUR. See National Grid plc (NNGD) defensive interval to measure how many days the company can operate on defensive assets alone.
National Grid plc Working Capital to Net Assets Ratio by Year (2017–2025)
National Grid plc working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for National Grid plc from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see total assets of National Grid plc.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.8% | €3.71 Billion | €37.83 Billion | €14.33 Billion | €10.62 Billion | ▲ +13.2 pp |
| 2024 | -3.4% | €-1.01 Billion | €29.89 Billion | €10.38 Billion | €11.39 Billion | ▼ -3.3 pp |
| 2023 | -0.1% | €-17.00 Million | €29.56 Billion | €9.11 Billion | €9.13 Billion | ▲ +28.5 pp |
| 2022 | -28.5% | €-6.81 Billion | €23.86 Billion | €17.96 Billion | €24.77 Billion | ▼ -31.4 pp |
| 2021 | 2.9% | €570.00 Million | €19.86 Billion | €9.94 Billion | €9.37 Billion | ▲ +17.0 pp |
| 2020 | -14.1% | €-2.76 Billion | €19.58 Billion | €5.80 Billion | €8.56 Billion | ▼ -8.0 pp |
| 2019 | -6.1% | €-1.18 Billion | €19.37 Billion | €7.95 Billion | €9.13 Billion | ▲ +4.6 pp |
| 2018 | -10.7% | €-2.02 Billion | €18.85 Billion | €6.68 Billion | €8.70 Billion | ▼ -25.7 pp |
| 2017 | 15.0% | €3.06 Billion | €20.38 Billion | €13.57 Billion | €10.51 Billion | — |