NATIONAL GRID PLC (NGG) Balance sheet

Market cap

P/E ratio

	2018/03	2019/03	2020/03	2021/03	2022/03	2023/03	2024/03	2025/03
Cash and cash equivalents	329	252	73	157	204	163	559	1,178
Total cash & short-term investments	329	252	73	157	204	163	559	1,178
Accounts receivable, net	2,798	3,153	2,986	2,919	3,715	3,883	3,415	4,092
Inventories	341	370	549	439	511	876	828	557
Total current assets	6,681	7,946	5,801	9,938	17,963	9,166	10,379	14,332
Property, plant and equipment, net	39,853	43,913	48,770	47,043	57,532	64,433	-	-
Total non-current assets	52,106	55,017	61,288	57,278	76,897	83,531	87,946	92,410
Total assets	58,787	62,963	67,089	67,216	94,860	92,697	98,325	106,742
Accounts payable	3,453	3,769	3,602	3,517	4,915	5,068	4,076	4,472
Total current liabilities	8,697	9,129	8,564	9,368	24,770	9,130	11,389	10,621
Total non-current liabilities	31,242	34,465	38,941	37,988	46,234	54,005	57,044	58,295
Total liabilities	39,939	43,594	47,505	47,356	71,004	63,135	68,433	68,916
Retained earnings	21,599	21,814	21,710	23,163	26,611	31,608	32,066	40,106
Stockholders' equity	18,848	19,369	19,584	19,860	23,856	29,562	29,892	37,826
Working capital