nVent Electric PLC (NVT) — Working Capital to Net Assets Ratio
nVent Electric PLC (NVT) has a Working Capital to Net Assets ratio of 15.4% as of September 2025. Working capital of $558.40 Million (current assets of $1.53 Billion minus current liabilities of $972.60 Million) is measured against net assets of $3.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See nVent Electric PLC leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
nVent Electric PLC Working Capital to Net Assets (2015–2024)
This chart shows how nVent Electric PLC's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 15.4%, reflecting working capital of $558.40 Million against net assets of $3.63 Billion USD. See defensive interval ratio of nVent Electric PLC to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for nVent Electric PLC (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for nVent Electric PLC from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see nVent Electric PLC market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 18.2% | $587.70 Million | $3.24 Billion | $1.39 Billion | $801.60 Million | ▼ -1.0 pp |
| 2023 | 19.2% | $602.50 Million | $3.14 Billion | $1.34 Billion | $733.60 Million | ▼ -2.0 pp |
| 2022 | 21.2% | $579.70 Million | $2.73 Billion | $1.23 Billion | $649.50 Million | ▲ +10.2 pp |
| 2021 | 11.0% | $275.20 Million | $2.50 Billion | $911.50 Million | $636.30 Million | ▼ -2.0 pp |
| 2020 | 13.0% | $314.40 Million | $2.41 Billion | $764.40 Million | $450.00 Million | ▲ +0.1 pp |
| 2019 | 13.0% | $336.50 Million | $2.59 Billion | $798.70 Million | $462.20 Million | ▼ -1.3 pp |
| 2018 | 14.3% | $384.80 Million | $2.69 Billion | $846.50 Million | $461.70 Million | ▲ +5.3 pp |
| 2017 | 9.0% | $341.70 Million | $3.79 Billion | $732.60 Million | $390.90 Million | ▼ -0.7 pp |
| 2016 | 9.7% | $338.90 Million | $3.49 Billion | $657.30 Million | $318.40 Million | ▲ +1.5 pp |
| 2015 | 8.2% | $288.90 Million | $3.51 Billion | $649.90 Million | $361.00 Million | — |