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 $1.8B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are $6.2B and $3.0B respectively. nVent Electric's EBIT is $631.4M making its interest coverage ratio 6.7. It has cash and short-term investments of $211.4M.
Key information
55.2%
Debt to equity ratio
US$1.77b
Debt
Interest coverage ratio | 6.7x |
Cash | US$211.40m |
Equity | US$3.21b |
Total liabilities | US$2.96b |
Total assets | US$6.17b |
Recent financial health updates
Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Jul 18Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Apr 09Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Nov 17We Think nVent Electric (NYSE:NVT) Can Manage Its Debt With Ease
Jul 24nVent Electric (NYSE:NVT) Seems To Use Debt Quite Sensibly
Feb 11Recent updates
Is 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 26Investors Shouldn't Be Too Comfortable With nVent Electric's (NYSE:NVT) Earnings
Feb 13Results: nVent Electric plc Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 09nVent Electric: I'm Not Sure That Current Margins Are Sustainable
Jan 09Should You Investigate nVent Electric plc (NYSE:NVT) At US$58.13?
Jan 03nVent Electric (NYSE:NVT) Is Increasing Its Dividend To $0.19
Dec 15Is nVent Electric (NYSE:NVT) Using Too Much Debt?
Nov 17Are nVent Electric plc (NYSE:NVT) Investors Paying Above The Intrinsic Value?
Oct 30nVent Electric: Momentum To Continue Following What Could Be Strong Q3 Report
Oct 25nVent Looks To Power Through Softening Volumes
Oct 17nVent Electric (NYSE:NVT) Has Announced A Dividend Of $0.175
Sep 29What Does nVent Electric plc's (NYSE:NVT) Share Price Indicate?
Sep 15Here's Why nVent Electric (NYSE:NVT) Has Caught The Eye Of Investors
Aug 25nVent Electric's Q2 Earnings: Charging Ahead Or Overheating
Jul 31We Think nVent Electric (NYSE:NVT) Can Manage Its Debt With Ease
Jul 24nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
Jul 06nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
Jun 12nVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175
May 29nVent Electric (NYSE:NVT) Is Paying Out A Dividend Of $0.175
May 15Is Now The Time To Put nVent Electric (NYSE:NVT) On Your Watchlist?
May 08Estimating The Fair Value Of nVent Electric plc (NYSE:NVT)
Apr 12Returns On Capital Are Showing Encouraging Signs At nVent Electric (NYSE:NVT)
Mar 31At US$41.15, Is It Time To Put nVent Electric plc (NYSE:NVT) On Your Watch List?
Mar 19nVent Electric (NYSE:NVT) Seems To Use Debt Quite Sensibly
Feb 11Financial Position Analysis
Short Term Liabilities: NVT's short term assets ($1.4B) exceed its short term liabilities ($690.3M).
Long Term Liabilities: NVT's short term assets ($1.4B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: NVT's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: NVT's debt to equity ratio has increased from 35.6% to 55.2% over the past 5 years.
Debt Coverage: NVT's debt is well covered by operating cash flow (30.9%).
Interest Coverage: NVT's interest payments on its debt are well covered by EBIT (6.7x coverage).