nVent Electric (NVT)

Net assets on the balance sheet as of June 2024 : £2.50 B

According to nVent Electric's latest financial reports the company has £2.50 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	$£2.46 B	9.23%
2022-12-31	$£2.25 B	22.43%
2021-12-31	$£1.84 B	4.48%
2020-12-31	$£1.76 B	-9.64%
2019-12-31	$£1.95 B	-7.24%
2018-12-31	$£2.10 B	-24.93%
2017-12-31	$£2.80 B	-0.7%
2016-12-31	$£2.82 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	£2.50 B	0.00%	🇬🇧 UK
TE Connectivity TEL	£9.71 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 : £2.50 B