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National Grid (BUE:NGG) Debt-to-Asset : 0.44 (As of Sep. 2024)


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What is National Grid Debt-to-Asset?

National Grid's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ARS3,398,415 Mil. National Grid's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ARS53,400,247 Mil. National Grid's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ARS128,055,987 Mil. National Grid's debt to asset for the quarter that ended in Sep. 2024 was 0.44.


National Grid Debt-to-Asset Historical Data

The historical data trend for National Grid's Debt-to-Asset 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-Asset Chart

National Grid Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.46 0.48 0.46 0.48

National Grid Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Debt-to-Asset 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 0.48 0.46 0.48 0.48 0.44

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

For the Utilities - Regulated Electric subindustry, National Grid's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Utilities - Regulated Industry

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

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



National Grid Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

National Grid's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(5201661.372 + 45189901.525) / 105258973.952
=0.48

National Grid's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3398414.683 + 53400246.693) / 128055986.772
=0.44

* 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.


National Grid  (BUE:NGG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


National Grid Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of National Grid's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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 UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK 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 UK, and the Grain (UK) liquefied natural gas facility.