NVent Current Ratio from 2010 to 2024

NVT Stock  USD 78.34  0.38  0.49%   
NVent Electric Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.82129226
Current Value
1.97
Quarterly Volatility
0.13732788
 
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Check NVent Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVent Electric's main balance sheet or income statement drivers, such as Tax Provision of 57.3 M, Interest Income of 24.5 M or Depreciation And Amortization of 108.2 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0223 or PTB Ratio of 3.27. NVent financial statements analysis is a perfect complement when working with NVent Electric Valuation or Volatility modules.
  
Check out the analysis of NVent Electric Correlation against competitors.

Latest NVent Electric's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of nVent Electric PLC over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. NVent Electric's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVent Electric's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.88 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

NVent Current Ratio Regression Statistics

Arithmetic Mean1.81
Geometric Mean1.80
Coefficient Of Variation7.60
Mean Deviation0.08
Median1.80
Standard Deviation0.14
Sample Variance0.02
Range0.6319
R-Value(0.04)
Mean Square Error0.02
R-Squared0
Significance0.88
Slope(0)
Total Sum of Squares0.26

NVent Current Ratio History

2024 1.97
2023 1.82
2022 1.89
2021 1.43
2020 1.7
2019 1.73
2018 1.83

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although NVent Electric investors may analyze each financial statement separately, they are all interrelated. The changes in NVent Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on NVent Electric's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.82  1.97 

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Additional Tools for NVent Stock Analysis

When running NVent Electric's price analysis, check to measure NVent Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.