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National Grid (National Grid) Debt-to-Revenue : 2.64 (As of Sep. 2023)


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What is National Grid Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

National Grid's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3,330 Mil. National Grid's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $52,111 Mil. National Grid's annualized Revenue for the quarter that ended in Sep. 2023 was $21,012 Mil. National Grid's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 2.64.


National Grid Debt-to-Revenue Historical Data

The historical data trend for National Grid's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Grid Debt-to-Revenue Chart

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.31 2.29 2.49 1.99

National Grid Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.16 2.01 2.57 1.76 2.64

Competitive Comparison of National Grid's Debt-to-Revenue

For the Utilities - Regulated Electric subindustry, National Grid's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Grid's Debt-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, National Grid's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where National Grid's Debt-to-Revenue falls into.



National Grid Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

National Grid's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3586.165 + 48580.097) / 26285.194
=1.98

National Grid's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3330.446 + 52111.386) / 21012.376
=2.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Sep. 2023) Revenue data.


National Grid Debt-to-Revenue Related Terms

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National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.