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 how many days can nVent Electric PLC fund operations to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see balance sheet size of nVent Electric PLC.
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. Check asset resilience ratio of nVent Electric PLC to evaluate the company's liquid asset resilience ratio.
| 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 | — |