NVent Short Term Coverage Ratios from 2010 to 2024

NVT Stock  USD 78.34  0.38  0.49%   
NVent Electric Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios is likely to outpace its year average in 2024. From the period from 2010 to 2024, NVent Electric Short Term Coverage Ratios quarterly data regression had r-value of  0.06 and coefficient of variation of  47.30. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
16.55485893
Current Value
24.19
Quarterly Volatility
13.41577779
 
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 Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of nVent Electric PLC over the last few years. It is NVent Electric's Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Very volatile
   Short Term Coverage Ratios   
       Timeline  

NVent Short Term Coverage Ratios Regression Statistics

Arithmetic Mean28.36
Geometric Mean26.57
Coefficient Of Variation47.30
Mean Deviation6.17
Median27.48
Standard Deviation13.42
Sample Variance179.98
Range58.1051
R-Value0.06
Mean Square Error193.22
R-Squared0
Significance0.84
Slope0.17
Total Sum of Squares2,520

NVent Short Term Coverage Ratios History

2024 24.19
2023 16.55
2022 26.31
2021 74.66
2020 17.2
2019 19.22

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, 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
Short Term Coverage Ratios 16.55  24.19 

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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.