nVent Electric (NVT)

Net assets on the balance sheet as of September 2024 : A$5.02 Billion

According to nVent Electric's latest financial reports the company has A$5.02 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	$A$4.61 B	14.89%
2022-12-31	$A$4.01 B	16.59%
2021-12-31	$A$3.44 B	9.86%
2020-12-31	$A$3.13 B	-15.36%
2019-12-31	$A$3.70 B	-2.92%
2018-12-31	$A$3.81 B	-21.46%
2017-12-31	$A$4.85 B	0.43%
2016-12-31	$A$4.83 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	A$5.02 B	0.00%	🇬🇧 UK
TE Connectivity TEL	A$19.53 B	288.43%	🇨🇭 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 : A$5.02 Billion