nVent Electric (NVT)

Net assets on the balance sheet as of June 2024 : C$4.45 B

According to nVent Electric's latest financial reports the company has C$4.45 B 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	$C$4.16 B	12.43%
2022-12-31	$C$3.70 B	17.34%
2021-12-31	$C$3.15 B	2.8%
2020-12-31	$C$3.07 B	-8.56%
2019-12-31	$C$3.36 B	-8.32%
2018-12-31	$C$3.66 B	-23.1%
2017-12-31	$C$4.76 B	1.76%
2016-12-31	$C$4.68 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	C$4.45 B	0.00%	🇬🇧 UK
TE Connectivity TEL	C$17.30 B	287.95%	🇨🇭 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 June 2024 : C$4.45 B