National Grid PLC (NGG)
63.03
-0.24
(-0.38%)
USD |
NYSE |
Nov 21, 15:25
National Grid Debt to Equity Ratio: 1.260 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.260 |
| March 31, 2024 | 1.55 |
| September 30, 2023 | 1.521 |
| March 31, 2023 | 1.431 |
| September 30, 2022 | 1.874 |
| March 31, 2022 | 1.884 |
| September 30, 2021 | 2.129 |
| March 31, 2021 | 1.539 |
| September 30, 2020 | 1.748 |
| March 31, 2020 | 1.520 |
| September 30, 2019 | 1.646 |
| March 31, 2019 | 1.470 |
| September 30, 2018 | 1.431 |
| March 31, 2018 | 1.399 |
| September 30, 2017 | 1.549 |
| March 31, 2017 | 1.391 |
| September 30, 2016 | 2.566 |
| March 31, 2016 | 2.073 |
| September 30, 2015 | 2.168 |
| March 31, 2015 | 2.149 |
| September 30, 2014 | 2.113 |
| March 31, 2014 | 2.164 |
| September 30, 2013 | 2.364 |
| Date | Value |
|---|---|
| March 31, 2013 | 2.728 |
| September 30, 2012 | 2.645 |
| March 31, 2012 | 2.470 |
| September 30, 2011 | 2.836 |
| March 31, 2011 | 2.538 |
| September 30, 2010 | 3.457 |
| March 31, 2010 | 5.935 |
| September 30, 2009 | 7.861 |
| March 31, 2009 | 6.689 |
| September 30, 2008 | 4.564 |
| March 31, 2005 | 13.94 |
| September 30, 2004 | 11.68 |
| March 31, 2004 | 0.00 |
| September 30, 2003 | 0.00 |
| March 31, 2003 | 0.00 |
| September 30, 2002 | 0.00 |
| March 31, 2002 | 0.00 |
| September 30, 2001 | 0.00 |
| March 31, 2001 | 0.00 |
| September 30, 2000 | 0.00 |
| March 31, 2000 | 1.263 |
| September 30, 1999 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.260
Minimum
Sep 2024
2.129
Maximum
Sep 2021
1.646
Average
1.545
Median
Debt to Equity Ratio Benchmarks
| Centrica PLC | 0.5921 |
| Atlantica Sustainable Infrastructure PLC | 4.219 |
| SIMEC Atlantis Energy Ltd | 1.448 |
| ReNew Energy Global PLC | 6.218 |
| Drax Group PLC | 0.5842 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 136.30B |
| Total Liabilities (Quarterly) | 88.30B |
| Shareholders Equity (Quarterly) | 47.96B |
| Current Ratio | 1.609 |
| Net Debt Paydown Yield | -3.97% |