Nvent Electric Plc Stock Working Capital

NVT Stock  USD 77.96  3.69  4.97%   
nVent Electric PLC fundamentals help investors to digest information that contributes to NVent Electric's financial success or failures. It also enables traders to predict the movement of NVent Stock. The fundamental analysis module provides a way to measure NVent Electric's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NVent Electric stock.
Last ReportedProjected for Next Year
Net Working Capital602.5 M445.5 M
Change In Working Capital-32.6 M-31 M
Net Working Capital is likely to drop to about 445.5 M in 2024. Change In Working Capital is likely to gain to about (31 M) in 2024.
  
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nVent Electric PLC Company Working Capital Analysis

NVent Electric's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current NVent Electric Working Capital

    
  602.5 M  
Most of NVent Electric's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, nVent Electric PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NVent Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for NVent Electric is extremely important. It helps to project a fair market value of NVent Stock properly, considering its historical fundamentals such as Working Capital. Since NVent Electric's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NVent Electric's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NVent Electric's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

NVent Net Invested Capital

Net Invested Capital

5.17 Billion

At this time, NVent Electric's Net Invested Capital is comparatively stable compared to the past year.
Based on the company's disclosures, nVent Electric PLC has a Working Capital of 602.5 M. This is 86.99% higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The working capital for all United States stocks is 59.24% higher than that of the company.

NVent Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NVent Electric's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NVent Electric could also be used in its relative valuation, which is a method of valuing NVent Electric by comparing valuation metrics of similar companies.
NVent Electric is currently under evaluation in working capital category among its peers.

NVent Electric ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NVent Electric's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NVent Electric's managers, analysts, and investors.
Environmental
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NVent Fundamentals

About NVent Electric Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze nVent Electric PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NVent Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of nVent Electric PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.