NGG NYSE
Credit Risk of going bust: lower than 73% of companies Debt: 43.2% of company value Bonds: $212.1M held by 177 funds, 81 bp over Treasuries → details ▾
Total debt $62.41B against a stock market value of $82.21B.
Distance to default 8.09 (Merton model): prices to 2026-10-26, balance sheet 2026-03-31, debt counted $33.81B (short-term plus half of long-term), stock volatility 21.6%; Altman Z'' 2.07. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
London, GL WC2N 5EH
GB
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
