nVent Electric (NVT) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.06 Billion

According to nVent Electric's latest financial reports the company has HK$1.06 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	HK$1.44 B	-37.81%
2022-12-31	HK$2.32 B	502.22%
2021-12-31	HK$0.38 B	-59.36%
2020-12-31	HK$0.94 B	14.6%
2019-12-31	HK$0.82 B	-33.45%
2018-12-31	HK$1.24 B	492.44%
2017-12-31	HK$0.21 B	26.06%
2016-12-31	HK$0.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
nVent Electric NVT	HK$1.06 B	0.00%	🇬🇧 UK
TE Connectivity TEL	HK$10.24 B	862.07%	🇨🇭 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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