nVent Electric (NVT)

Net assets on the balance sheet as of June 2024 : HK$25.62 B

According to nVent Electric's latest financial reports the company has HK$25.62 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	$HK$24.53 B	14.98%
2022-12-31	$HK$21.34 B	9.66%
2021-12-31	$HK$19.46 B	4.17%
2020-12-31	$HK$18.68 B	-7.47%
2019-12-31	$HK$20.19 B	-4.04%
2018-12-31	$HK$21.04 B	-28.96%
2017-12-31	$HK$29.62 B	9.59%
2016-12-31	$HK$27.03 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	HK$25.62 B	0.00%	🇬🇧 UK
TE Connectivity TEL	HK$99.42 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 : HK$25.62 B