nVent Electric (NVT) - Cash on Hand

Cash on Hand as of September 2024 : A$0.21 Billion

According to nVent Electric's latest financial reports the company has A$0.21 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	A$0.27 B	-37.85%
2022-12-31	A$0.43 B	540.29%
2021-12-31	A$68.27 M	-57.14%
2020-12-31	A$0.15 B	4.83%
2019-12-31	A$0.15 B	-32.67%
2018-12-31	A$0.22 B	555.04%
2017-12-31	A$34.45 M	15.52%
2016-12-31	A$29.82 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
nVent Electric NVT	A$0.21 B	0.00%	🇬🇧 UK
TE Connectivity TEL	A$2.25 B	971.48%	🇨🇭 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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