nVent Electric PLC (NVT) — Tangible Net Worth Ratio
nVent Electric PLC (NVT) has a Tangible Net Worth Ratio of 47.2% as of September 2025. This metric is calculated by deducting intangible assets ($1.92 Billion) from net assets ($3.63 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of nVent Electric PLC to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
nVent Electric PLC Tangible Net Worth Ratio (2015–2024)
This chart shows how nVent Electric PLC's Tangible Net Worth Ratio has changed across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 47.2%, reflecting net assets of $3.63 Billion with intangible assets of $1.92 Billion USD. See nVent Electric PLC (NVT) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for nVent Electric PLC (2015–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for nVent Electric PLC from 2015 to 2024, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see NVT company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 51.0% | $3.24 Billion | $1.59 Billion | $6.73 Billion | ▼ -6.0 pp |
| 2023 | 57.0% | $3.14 Billion | $1.35 Billion | $6.16 Billion | ▼ -4.0 pp |
| 2022 | 61.0% | $2.73 Billion | $1.07 Billion | $4.90 Billion | ▲ +6.8 pp |
| 2021 | 54.2% | $2.50 Billion | $1.14 Billion | $4.67 Billion | ▲ +0.1 pp |
| 2020 | 54.1% | $2.41 Billion | $1.11 Billion | $4.37 Billion | ▼ -1.1 pp |
| 2019 | 55.2% | $2.59 Billion | $1.16 Billion | $4.64 Billion | ▼ -1.1 pp |
| 2018 | 56.3% | $2.69 Billion | $1.17 Billion | $4.55 Billion | ▼ -11.0 pp |
| 2017 | 67.4% | $3.79 Billion | $1.24 Billion | $4.72 Billion | ▲ +4.9 pp |
| 2016 | 62.5% | $3.49 Billion | $1.31 Billion | $4.49 Billion | ▲ +66.2 pp |
| 2015 | -3.7% | $3.51 Billion | $3.64 Billion | $4.56 Billion | — |