nVent Electric PLC (NVT) - Total Assets
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. Explore nVent Electric PLC cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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. See NVT net asset value for net asset value and shareholders' equity analysis.
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. For live market cap, price, and company overview, see NVT company net worth.
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 |
|---|---|---|
|
Qingdao TGOOD Electric Co Ltd
SHE:300001
|
China | CN¥24.24 Billion |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778
|
China | CN¥22.70 Billion |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364
|
China | CN¥3.90 Billion |
|
Nantong Haixing Electronics Co Ltd
SHG:603115
|
China | CN¥3.02 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
China | CN¥10.69 Billion |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
China | CN¥4.81 Billion |
|
Chengdu Xuguang Electronics Co Ltd
SHG:600353
|
China | CN¥3.55 Billion |
|
Ballard Power Systems Inc
TO:BLDP
|
Canada | CA$710.46 Million |
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 | -- |
About 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