nVent Electric Balance Sheet Health
Financial Health criteria checks 3/6
nVent Electric has a total shareholder equity of $3.2B and total debt of $2.2B, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are $6.7B and $3.5B respectively. nVent Electric's EBIT is $527.1M making its interest coverage ratio 5. It has cash and short-term investments of $131.2M.
Key information
66.6%
Debt to equity ratio
US$2.16b
Debt
| Interest coverage ratio | 5x |
| Cash | US$131.20m |
| Equity | US$3.24b |
| Total liabilities | US$3.50b |
| Total assets | US$6.73b |
Recent financial health updates
Does nVent Electric (NYSE:NVT) Have A Healthy Balance Sheet?
Jan 04
Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Jul 18Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Apr 09Recent updates
Here's Why We Think nVent Electric (NYSE:NVT) Might Deserve Your Attention Today
Jan 20Does nVent Electric (NYSE:NVT) Have A Healthy Balance Sheet?
Jan 04nVent Electric (NYSE:NVT) Has Announced That It Will Be Increasing Its Dividend To $0.20
Dec 19Analysts Just Slashed Their nVent Electric plc (NYSE:NVT) EPS Numbers
Nov 07nVent Electric plc Just Missed Revenue By 17%: Here's What Analysts Think Will Happen Next
Nov 06Estimating The Intrinsic Value Of nVent Electric plc (NYSE:NVT)
Oct 20At US$69.68, Is nVent Electric plc (NYSE:NVT) Worth Looking At Closely?
Oct 06nVent: Liquid Cooling For Data Centers
Sep 29Is Now The Time To Put nVent Electric (NYSE:NVT) On Your Watchlist?
Sep 22nVent Electric plc's (NYSE:NVT) Share Price Could Signal Some Risk
Sep 08nVent Electric: Appeal Increases After A Pullback And Portfolio Shuffle
Aug 10Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Jul 18Calculating The Intrinsic Value Of nVent Electric plc (NYSE:NVT)
Jul 04Should You Think About Buying nVent Electric plc (NYSE:NVT) Now?
Jun 21nVent Electric: Growth To Continue Further In 2024
Jun 12Getting In Cheap On nVent Electric plc (NYSE:NVT) Is Unlikely
Jun 07nVent Electric plc's (NYSE:NVT) CEO Will Probably Have Their Compensation Approved By Shareholders
May 11Here's Why We Think nVent Electric (NYSE:NVT) Is Well Worth Watching
Apr 22Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Apr 09nVent Electric: Steady Growth Anticipated, But At A Slower Pace
Mar 27Are nVent Electric plc (NYSE:NVT) Investors Paying Above The Intrinsic Value?
Mar 25Some Confidence Is Lacking In nVent Electric plc's (NYSE:NVT) P/E
Feb 26nVent Electric: I'm Not Sure That Current Margins Are Sustainable
Jan 09Financial Position Analysis
Short Term Liabilities: NVT's short term assets ($1.4B) exceed its short term liabilities ($801.6M).
Long Term Liabilities: NVT's short term assets ($1.4B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: NVT's net debt to equity ratio (62.5%) is considered high.
Reducing Debt: NVT's debt to equity ratio has increased from 41.1% to 66.6% over the past 5 years.
Debt Coverage: NVT's debt is well covered by operating cash flow (29.8%).
Interest Coverage: NVT's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 09:06 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
nVent Electric plc is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Julian Mitchell | Barclays |
| Scott Graham | BMO Capital Markets Equity Research |