nVent Electric (NVT)

Net assets on the balance sheet as of September 2024 : $3.28 Billion USD

According to nVent Electric's latest financial reports the company has $3.28 Billion USD 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	$$3.14 B	15.02%
2022-12-31	$$2.73 B	9.44%
2021-12-31	$$2.49 B	3.58%
2020-12-31	$$2.40 B	-7.05%
2019-12-31	$$2.59 B	-3.52%
2018-12-31	$$2.68 B	-29.12%
2017-12-31	$$3.79 B	8.77%
2016-12-31	$$3.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
nVent Electric NVT	$3.28 B	0.00%	🇬🇧 UK
TE Connectivity TEL	$12.75 B	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 : $3.28 Billion USD