nVent Electric (NVT) - Cash on Hand

Cash on Hand as of June 2024 : C$0.38 Billion

According to nVent Electric's latest financial reports the company has C$0.38 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	C$0.24 B	-39.18%
2022-12-31	C$0.40 B	539.92%
2021-12-31	C$63.08 M	-59.61%
2020-12-31	C$0.15 B	12.4%
2019-12-31	C$0.13 B	-35.84%
2018-12-31	C$0.21 B	540.42%
2017-12-31	C$33.82 M	17.05%
2016-12-31	C$28.89 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
nVent Electric NVT	C$0.38 B	0.00%	🇬🇧 UK
TE Connectivity TEL	C$2.04 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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