National Grid current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
National Grid's current ratio is 0.62: current assets of 7.25B GBP against current liabilities of 11.74B GBP due within a year.
- Today
- 0.62
- Average, 5 years
- 0.96
- Low, 5 years
- 0.62
- High, 5 years
- 1.61
Current ratio = current assets ÷ current liabilities = 7.25B ÷ 11.74B = 0.62
Current assets over current liabilities at each quarter end: above 1, what falls due within a year is covered by what turns into cash within a year.
Current ratio by year and by quarter
| Fiscal year | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| Today | 0.62 | 7.25B | 11.74B | |
| FY2026 | 31 Mar 2026 | 0.76 | 7.49B | 9.80B |
| FY2025 | 31 Mar 2025 | 1.35 | 14.33B | 10.62B |
| FY2024 | 31 Mar 2024 | 0.91 | 10.38B | 11.39B |
| FY2023 | 31 Mar 2023 | 1.00 | 9.11B | 9.13B |
| FY2022 | 31 Mar 2022 | 0.73 | 17.96B | 24.77B |
| FY2021 | 31 Mar 2021 | 1.06 | 9.94B | 9.37B |
| FY2020 | 31 Mar 2020 | 0.68 | 5.80B | 8.56B |
| FY2019 | 31 Mar 2019 | 0.87 | 7.95B | 9.13B |
| FY2018 | 31 Mar 2018 | 0.77 | 6.68B | 8.70B |
| FY2017 | 31 Mar 2017 | 1.29 | 13.57B | 10.51B |
| FY2016 | 31 Mar 2016 | 0.82 | 6.31B | 7.72B |
| FY2015 | 31 Mar 2015 | 0.82 | 6.03B | 7.37B |
| FY2014 | 31 Mar 2014 | 1.02 | 7.49B | 7.33B |
| FY2013 | 31 Mar 2013 | 1.29 | 9.58B | 7.45B |
| FY2012 | 31 Mar 2012 | 0.94 | 5.65B | 6.00B |
| FY2011 | 31 Mar 2011 | 0.93 | 6.32B | 6.83B |
| FY2010 | 31 Mar 2010 | 0.77 | 5.07B | 6.56B |
| FY2009 | 31 Mar 2009 | 0.96 | 6.76B | 7.03B |
| FY2008 | 31 Mar 2008 | 0.97 | 6.94B | 7.15B |
| FY2007 | 31 Mar 2007 | 2.17 | 7.28B | 3.36B |
| FY2006 | 31 Mar 2006 | 0.67 | 3.82B | 5.68B |
| FY2005 | 31 Mar 2005 | 0.33 | 1.96B | 5.97B |
| FY2004 | 31 Mar 2004 | 1.11 | 5.00B | 4.51B |
| FY2003 | 31 Mar 2003 | 1.18 | 5.95B | 5.05B |
| FY2002 | 31 Mar 2002 | 1.98 | 5.88B | 2.97B |
| FY2001 | 31 Mar 2001 | 1.00 | 2.22B | 2.21B |
| FY2000 | 31 Mar 2000 | 1.32 | 2.46B | 1.86B |
| FY1999 | 31 Mar 1999 | 1.23 | 1.75B | 1.41B |
| FY1998 | 31 Mar 1998 | 0.35 | 384.00M | 1.10B |
| FY1997 | 31 Mar 1997 | 0.38 | 368.20M | 973.70M |
| FY1996 | 31 Mar 1996 | 0.48 | 385.80M | 811.00M |
| FY1995 | 31 Mar 1995 | 0.45 | 308.40M | 686.90M |
| FY1994 | 31 Mar 1994 | 0.80 | 645.60M | 809.10M |
| FY1993 | 31 Mar 1993 | 0.71 | 636.20M | 896.40M |
| Quarter | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| H1 FY2027 | 30 Sept 2026 | 0.62 | 7.25B | 11.74B |
| H2 FY2026 | 31 Mar 2026 | 0.76 | 7.49B | 9.80B |
| H1 FY2026 | 30 Sept 2025 | 0.97 | 8.93B | 9.19B |
| H2 FY2025 | 31 Mar 2025 | 1.35 | 14.33B | 10.62B |
| H1 FY2025 | 30 Sept 2024 | 1.61 | 14.46B | 8.99B |
| H2 FY2024 | 31 Mar 2024 | 0.91 | 10.38B | 11.39B |
| H1 FY2024 | 30 Sept 2023 | 0.93 | 7.70B | 8.28B |
| H2 FY2023 | 31 Mar 2023 | 1.00 | 9.11B | 9.13B |
| H1 FY2023 | 30 Sept 2022 | 0.71 | 14.40B | 20.20B |
| H2 FY2022 | 31 Mar 2022 | 0.73 | 17.96B | 24.77B |
| H1 FY2022 | 30 Sept 2021 | 0.69 | 16.49B | 23.93B |
| H2 FY2021 | 31 Mar 2021 | 1.06 | 9.94B | 9.37B |
| H1 FY2021 | 30 Sept 2020 | 0.79 | 4.85B | 6.13B |
| H2 FY2020 | 31 Mar 2020 | 0.68 | 5.80B | 8.56B |
| H1 FY2020 | 30 Sept 2019 | 0.70 | 6.71B | 9.54B |
| H2 FY2019 | 31 Mar 2019 | 0.87 | 7.95B | 9.13B |
| H1 FY2019 | 30 Sept 2018 | 0.85 | 6.96B | 8.23B |
| H2 FY2018 | 31 Mar 2018 | 0.77 | 6.68B | 8.70B |
| H1 FY2018 | 30 Sept 2017 | 0.77 | 5.87B | 7.63B |
| H2 FY2017 | 31 Mar 2017 | 1.29 | 13.57B | 10.51B |
| H1 FY2017 | 30 Sept 2016 | 0.75 | 6.42B | 8.56B |
| H2 FY2016 | 31 Mar 2016 | 0.82 | 6.31B | 7.72B |
| H1 FY2016 | 30 Sept 2015 | 0.80 | 5.21B | 6.53B |
| H2 FY2015 | 31 Mar 2015 | 0.82 | 6.03B | 7.37B |
| H1 FY2015 | 30 Sept 2014 | 0.96 | 6.16B | 6.40B |
| H2 FY2014 | 31 Mar 2014 | 1.02 | 7.49B | 7.33B |
| H1 FY2014 | 30 Sept 2013 | 1.16 | 7.30B | 6.31B |
| H2 FY2013 | 31 Mar 2013 | 1.29 | 9.58B | 7.45B |
| H1 FY2013 | 30 Sept 2012 | 0.82 | 5.65B | 6.85B |
| H2 FY2012 | 31 Mar 2012 | 0.90 | 5.42B | 6.02B |
| H1 FY2012 | 30 Sept 2011 | 0.89 | 5.61B | 6.28B |
| H2 FY2011 | 31 Mar 2011 | 0.93 | 6.32B | 6.83B |
| H1 FY2011 | 30 Sept 2010 | 0.98 | 6.10B | 6.21B |
| H2 FY2010 | 31 Mar 2010 | 0.77 | 5.07B | 6.56B |
| H1 FY2010 | 30 Sept 2009 | 0.85 | 4.81B | 5.65B |
| H2 FY2009 | 31 Mar 2009 | 0.96 | 6.76B | 7.03B |
| H1 FY2009 | 30 Sept 2008 | 0.77 | 4.65B | 6.05B |
| H2 FY2008 | 31 Mar 2008 | 0.77 | 5.46B | 7.12B |
| H1 FY2008 | 30 Sept 2007 | 1.08 | 6.12B | 5.68B |
| H2 FY2007 | 31 Mar 2007 | 1.58 | 5.31B | 3.36B |
| H1 FY2007 | 30 Sept 2006 | 1.19 | 4.80B | 4.03B |
| H2 FY2006 | 31 Mar 2006 | 0.67 | 3.82B | 5.68B |
| H1 FY2006 | 30 Sept 2005 | 0.75 | 4.48B | 6.01B |
| H2 FY2005 | 31 Mar 2005 | 0.78 | 4.81B | 6.15B |
| H1 FY2005 | 30 Sept 2004 | 0.36 | 1.99B | 5.48B |
| H2 FY2004 | 31 Mar 2004 | 1.11 | 5.00B | 4.51B |
| H1 FY2004 | 30 Sept 2003 | 1.16 | 5.46B | 4.69B |
| H2 FY2003 | 31 Mar 2003 | 1.18 | 5.95B | 5.05B |
| H1 FY2003 | 30 Sept 2002 | 1.73 | 5.22B | 3.02B |
| H2 FY2002 | 31 Mar 2002 | 1.98 | 5.88B | 2.97B |
| H1 FY2002 | 30 Sept 2001 | 1.55 | 2.25B | 1.45B |
| H2 FY2001 | 31 Mar 2001 | 1.00 | 2.22B | 2.21B |
| H1 FY2001 | 30 Sept 2000 | 1.19 | 2.54B | 2.14B |
| H2 FY2000 | 31 Mar 2000 | 1.32 | 2.46B | 1.86B |
| H1 FY2000 | 30 Sept 1999 | 1.21 | 1.74B | 1.44B |
| H2 FY1999 | 31 Mar 1999 | 1.23 | 1.75B | 1.41B |
| H2 FY1998 | 31 Mar 1998 | 0.35 | 384.00M | 1.10B |
| H2 FY1997 | 31 Mar 1997 | 0.38 | 368.20M | 973.70M |
| H2 FY1996 | 31 Mar 1996 | 0.48 | 385.80M | 811.00M |
| H2 FY1995 | 31 Mar 1995 | 0.45 | 308.40M | 686.90M |
| H2 FY1994 | 31 Mar 1994 | 0.80 | 645.60M | 809.10M |
| H2 FY1993 | 31 Mar 1993 | 0.71 | 636.20M | 896.40M |
Figures in GBP. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,All ratios
Common questions about National Grid's current ratio
Source: Financial Modeling Prep
