nVent Electric (NVT)

Net assets on the balance sheet as of September 2024 : NZ$5.80 Billion

According to nVent Electric's latest financial reports the company has NZ$5.80 Billion 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	$NZ$4.96 B	15.48%
2022-12-31	$NZ$4.30 B	17.74%
2021-12-31	$NZ$3.65 B	9.42%
2020-12-31	$NZ$3.33 B	-13.24%
2019-12-31	$NZ$3.84 B	-3.91%
2018-12-31	$NZ$4.00 B	-24.96%
2017-12-31	$NZ$5.33 B	6.09%
2016-12-31	$NZ$5.03 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	NZ$5.80 B	0.00%	🇬🇧 UK
TE Connectivity TEL	NZ$22.07 B	280.24%	🇨🇭 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 September 2024 : NZ$5.80 Billion