NVent Return On Tangible Assets from 2010 to 2024

NVT Stock  USD 78.34  0.38  0.49%   
NVent Electric Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.27348573
Current Value
0.29
Quarterly Volatility
0.2035074
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of nVent Electric PLC over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. NVent Electric's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

NVent Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Coefficient Of Variation317.39
Mean Deviation0.19
Median0.19
Standard Deviation0.20
Sample Variance0.04
Range0.4484
R-Value0.80
Mean Square Error0.02
R-Squared0.63
Significance0.0004
Slope0.04
Total Sum of Squares0.58

NVent Return On Tangible Assets History

2022 0.24
2020 -0.0406
2019 0.19
2018 0.2
2017 0.29
2016 0.27

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Return On Tangible Assets, 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
Return On Tangible Assets 0.27  0.29 

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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.