nVent Electric (NVT) - Cash on Hand

Cash on Hand as of June 2024 : ₹23.11 Billion

According to nVent Electric's latest financial reports the company has ₹23.11 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

nVent Electric - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹15.40 B	-37.41%
2022-12-31	₹24.61 B	568.18%
2021-12-31	₹3.68 B	-58.88%
2020-12-31	₹8.95 B	18.07%
2019-12-31	₹7.58 B	-31.75%
2018-12-31	₹11.11 B	547.28%
2017-12-31	₹1.71 B	17.56%
2016-12-31	₹1.46 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
nVent Electric NVT	₹23.11 B	0.00%	🇬🇧 UK
TE Connectivity TEL	₹123.94 B	436.13%	🇨🇭 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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