National Grid annual current ratio
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
National Grid Current Ratio Growth & History (NG.)
National Grid's current ratio was 0.76 for fiscal 2026.
View full National Grid company overviewNational Grid annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.76 | −0.59 | −43.38% |
| 2025 | 2025-03-31 | 1.35 | 0.44 | +48.07% |
| 2024 | 2024-03-31 | 0.91 | −0.09 | −8.70% |
| 2023 | 2023-03-31 | 1.00 | 0.27 | +37.64% |
| 2022 | 2022-03-31 | 0.73 | −0.34 | −31.64% |
| 2021 | 2021-03-31 | 1.06 | 0.38 | +56.61% |
| 2020 | 2020-03-31 | 0.68 | −0.19 | −22.18% |
| 2019 | 2019-03-31 | 0.87 | 0.10 | +13.31% |
| 2018 | 2018-03-31 | 0.77 | −0.52 | −40.51% |
| 2017 | 2017-03-31 | 1.29 | — | — |
National Grid quarterly current ratio
Q4.17
Q4.18
Q2.19
Q4.19
Q4.20
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2025-09-30 | 0.97 | −0.64 | −39.60% |
| Q4 2025 | 2025-03-31 | 1.35 | 0.44 | +48.07% |
| Q2 2025 | 2024-09-30 | 1.61 | 0.68 | +73.08% |
| Q4 2024 | 2024-03-31 | 0.91 | −0.09 | −8.70% |
| Q2 2024 | 2023-09-30 | 0.93 | 0.22 | +30.45% |
| Q4 2023 | 2023-03-31 | 1.00 | 0.27 | +37.64% |
| Q2 2023 | 2022-09-30 | 0.71 | — | — |
| Q4 2022 | 2022-03-31 | 0.73 | −0.34 | −31.64% |
| Q4 2021 | 2021-03-31 | 1.06 | 0.38 | +56.61% |
| Q4 2020 | 2020-03-31 | 0.68 | −0.19 | −22.18% |
| Q4 2019 | 2019-03-31 | 0.87 | 0.10 | +13.31% |
| Q2 2019 | 2018-09-30 | 0.85 | — | — |
| Q4 2018 | 2018-03-31 | 0.77 | −0.52 | −40.51% |
| Q4 2017 | 2017-03-31 | 1.29 | — | — |
National Grid current ratio trends
Over the last five fiscal years, National Grid's current ratio decreased from 1.06 to 0.76, a change of −0.30. The latest reported quarter, Q2 2026, shows 0.97.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review National Grid source filings ↗Community posts
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