nVent Electric PLC
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates in two segments, Enclosures, and Electrical & Fastening Solutions. The Enclosures segment provides solutions to protect electronics, systems, and data in mission critical appli… Read more
nVent Electric PLC (NVT) - Total Assets
Latest total assets as of September 2025: $6.77 Billion USD
Based on the latest financial reports, nVent Electric PLC (NVT) holds total assets worth $6.77 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
nVent Electric PLC - Total Assets Trend (2015–2024)
This chart illustrates how nVent Electric PLC’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
nVent Electric PLC - Asset Composition Analysis
Current Asset Composition (December 2024)
nVent Electric PLC's total assets of $6.77 Billion consist of 20.6% current assets and 79.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $131.20 Million | 2.0% |
| Accounts Receivable | $528.00 Million | 7.8% |
| Inventory | $360.30 Million | 5.4% |
| Property, Plant & Equipment | $472.80 Million | 7.0% |
| Intangible Assets | $1.59 Billion | 23.6% |
| Goodwill | $2.22 Billion | 33.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how nVent Electric PLC's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: nVent Electric PLC's current assets represent 20.6% of total assets in 2024, an increase from 14.2% in 2015.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, up from 0.5% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, a decrease from 128.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 33.0% of total assets.
nVent Electric PLC Competitors by Total Assets
Key competitors of nVent Electric PLC based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
355690
KQ:355690
|
Korea | ₩40.32 Billion |
|
Supercomnet Technologies Bhd
KLSE:0001
|
Malaysia | RM454.76 Million |
|
XJ Electric Co Ltd
SHE:000400
|
China | CN¥26.30 Billion |
|
Guangdong Macro Co Ltd
SHE:000533
|
China | CN¥2.88 Billion |
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
China | CN¥5.21 Billion |
|
Huagong Tech Co Ltd
SHE:000988
|
China | CN¥21.08 Billion |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208
|
China | CN¥6.12 Billion |
|
Kumho Electric
KO:001210
|
Korea | ₩30.00 Billion |
nVent Electric PLC - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - nVent Electric PLC generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, nVent Electric PLC generates $ 4.93 in net profit.
nVent Electric PLC - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.57 | 1.83 | 1.70 |
| Quick Ratio | 1.11 | 1.36 | 1.18 |
| Cash Ratio | 0.13 | 0.18 | 0.00 |
| Working Capital | $558.40 Million | $ 642.50 Million | $ 314.40 Million |
nVent Electric PLC - Advanced Valuation Insights
This section examines the relationship between nVent Electric PLC's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.85 |
| Latest Market Cap to Assets Ratio | 2.44 |
| Asset Growth Rate (YoY) | 9.3% |
| Total Assets | $6.73 Billion |
| Market Capitalization | $16.41 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values nVent Electric PLC's assets at a significant premium ( 2.44x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: nVent Electric PLC's assets grew by 9.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for nVent Electric PLC (2015–2024)
The table below shows the annual total assets of nVent Electric PLC from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.73 Billion | +9.30% |
| 2023-12-31 | $6.16 Billion | +25.69% |
| 2022-12-31 | $4.90 Billion | +4.88% |
| 2021-12-31 | $4.67 Billion | +7.06% |
| 2020-12-31 | $4.37 Billion | -5.91% |
| 2019-12-31 | $4.64 Billion | +1.92% |
| 2018-12-31 | $4.55 Billion | -3.65% |
| 2017-12-31 | $4.72 Billion | +5.14% |
| 2016-12-31 | $4.49 Billion | -1.55% |
| 2015-12-31 | $4.56 Billion | -- |