nVent Electric (NVT)

Net assets on the balance sheet as of June 2024 : €2.96 B

According to nVent Electric's latest financial reports the company has €2.96 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

nVent Electric - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€2.84 B	11.61%
2022-12-31	$€2.54 B	16.07%
2021-12-31	$€2.19 B	11.29%
2020-12-31	$€1.97 B	-14.62%
2019-12-31	$€2.30 B	-1.57%
2018-12-31	$€2.34 B	-25.76%
2017-12-31	$€3.15 B	-4.65%
2016-12-31	$€3.31 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	€2.96 B	0.00%	🇬🇧 UK
TE Connectivity TEL	€11.51 B	287.95%	🇨🇭 Switzerland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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nVent Electric (NVT) - Net assets

Net assets on the balance sheet as of June 2024 : €2.96 B