nVent Electric (NVT)

Net assets on the balance sheet as of September 2024 : ₹277.37 Billion

According to nVent Electric's latest financial reports the company has ₹277.37 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	$₹261.57 B	15.72%
2022-12-31	$₹226.04 B	21.67%
2021-12-31	$₹185.78 B	5.42%
2020-12-31	$₹176.23 B	-4.67%
2019-12-31	$₹184.87 B	-1.6%
2018-12-31	$₹187.88 B	-22.38%
2017-12-31	$₹242.07 B	2.2%
2016-12-31	$₹236.87 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	₹277.37 B	0.00%	🇬🇧 UK
TE Connectivity TEL	₹1.077 T	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 : ₹277.37 Billion