NVent Cash And Equivalents vs Ev To Free Cash Flow Analysis

NVT Stock

USD 78.31 1.77 2.31%

NVent Electric financial indicator trend analysis is infinitely more than just investigating nVent Electric PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether nVent Electric PLC is a good investment. Please check the relationship between NVent Electric Cash And Equivalents and its Ev To Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Cash And Equivalents vs Ev To Free Cash Flow

Cash And Equivalents vs Ev To Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nVent Electric PLC Cash And Equivalents account and Ev To Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between NVent Electric's Cash And Equivalents and Ev To Free Cash Flow is 0.5. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Ev To Free Cash Flow in the same time period over historical financial statements of nVent Electric PLC, assuming nothing else is changed. The correlation between historical values of NVent Electric's Cash And Equivalents and Ev To Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of nVent Electric PLC are associated (or correlated) with its Ev To Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Free Cash Flow has no effect on the direction of Cash And Equivalents i.e., NVent Electric's Cash And Equivalents and Ev To Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Equivalents

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Most indicators from NVent Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into nVent Electric PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Issuance Of Capital Stock is likely to gain to about 11.3 M in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024.

	2021	2023	2024 (projected)
Interest Income	32.3M	35.9M	24.5M
Tax Provision	47.8M	90M	57.3M

Interest Income Tax Provision

NVent Electric fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.53	0.75	-0.16	-0.7	-0.3	0.71	0.49	0.09	0.49	0.88	0.88	-0.5	0.87	0.33	-0.13	0.7	0.81	0.15	-0.42	0.79	0.95	0.78	0.71	0.93	0.01
Other Current Liab	0.53		0.91	-0.8	-0.82	-0.29	0.87	0.8	-0.05	0.8	0.53	0.26	-0.46	0.82	0.83	0.12	0.94	0.84	-0.41	-0.92	0.79	0.59	0.89	0.84	0.25	0.09
Total Current Liabilities	0.75	0.91		-0.62	-0.88	-0.28	0.98	0.76	0.17	0.76	0.8	0.42	-0.53	0.97	0.63	-0.1	0.93	0.95	-0.31	-0.81	0.89	0.76	0.98	0.84	0.49	0.25
Total Stockholder Equity	-0.16	-0.8	-0.62		0.64	-0.01	-0.63	-0.62	-0.03	-0.62	-0.11	0.0	0.62	-0.46	-0.78	0.01	-0.74	-0.51	0.78	0.93	-0.55	-0.25	-0.6	-0.79	0.06	-0.15
Other Liab	-0.7	-0.82	-0.88	0.64		0.24	-0.89	-0.86	-0.26	-0.86	-0.6	-0.44	0.55	-0.84	-0.78	0.32	-0.88	-0.92	0.47	0.84	-0.91	-0.68	-0.94	-0.86	-0.47	-0.37
Net Tangible Assets	-0.3	-0.29	-0.28	-0.01	0.24		-0.31	-0.11	0.23	-0.11	-0.26	-0.41	0.05	-0.27	-0.31	-0.1	-0.16	-0.27	-0.07	0.1	-0.17	-0.12	-0.28	-0.17	-0.25	0.14
Accounts Payable	0.71	0.87	0.98	-0.63	-0.89	-0.31		0.73	0.28	0.73	0.77	0.38	-0.54	0.94	0.63	-0.27	0.9	0.93	-0.39	-0.81	0.89	0.7	0.97	0.83	0.46	0.36
Cash	0.49	0.8	0.76	-0.62	-0.86	-0.11	0.73		-0.08	1.0	0.48	0.17	-0.4	0.71	0.72	-0.09	0.78	0.86	-0.47	-0.78	0.81	0.48	0.83	0.68	0.17	0.16
Other Assets	0.09	-0.05	0.17	-0.03	-0.26	0.23	0.28	-0.08		-0.08	0.16	-0.06	-0.2	0.14	-0.09	-0.63	0.04	0.09	-0.33	-0.06	0.15	0.06	0.16	0.11	0.12	0.91
Cash And Short Term Investments	0.49	0.8	0.76	-0.62	-0.86	-0.11	0.73	1.0	-0.08		0.48	0.17	-0.4	0.71	0.72	-0.09	0.78	0.86	-0.47	-0.78	0.81	0.48	0.83	0.68	0.17	0.16
Net Receivables	0.88	0.53	0.8	-0.11	-0.6	-0.26	0.77	0.48	0.16	0.48		0.62	-0.43	0.9	0.12	-0.13	0.62	0.83	0.12	-0.34	0.72	0.82	0.79	0.56	0.73	0.13
Good Will	0.88	0.26	0.42	0.0	-0.44	-0.41	0.38	0.17	-0.06	0.17	0.62		-0.5	0.56	0.21	0.01	0.42	0.5	0.27	-0.18	0.49	0.79	0.47	0.57	0.95	-0.23
Common Stock Shares Outstanding	-0.5	-0.46	-0.53	0.62	0.55	0.05	-0.54	-0.4	-0.2	-0.4	-0.43	-0.5		-0.51	-0.31	0.11	-0.51	-0.5	0.6	0.56	-0.51	-0.44	-0.53	-0.78	-0.43	-0.17
Inventory	0.87	0.82	0.97	-0.46	-0.84	-0.27	0.94	0.71	0.14	0.71	0.9	0.56	-0.51		0.51	-0.14	0.89	0.96	-0.13	-0.69	0.92	0.87	0.97	0.8	0.65	0.19
Other Current Assets	0.33	0.83	0.63	-0.78	-0.78	-0.31	0.63	0.72	-0.09	0.72	0.12	0.21	-0.31	0.51		-0.02	0.79	0.61	-0.49	-0.89	0.66	0.39	0.67	0.75	0.13	0.06
Other Stockholder Equity	-0.13	0.12	-0.1	0.01	0.32	-0.1	-0.27	-0.09	-0.63	-0.09	-0.13	0.01	0.11	-0.14	-0.02		-0.07	-0.18	0.3	0.09	-0.31	-0.11	-0.2	-0.12	-0.15	-0.63
Total Liab	0.7	0.94	0.93	-0.74	-0.88	-0.16	0.9	0.78	0.04	0.78	0.62	0.42	-0.51	0.89	0.79	-0.07		0.89	-0.32	-0.92	0.91	0.78	0.94	0.92	0.47	0.11
Total Current Assets	0.81	0.84	0.95	-0.51	-0.92	-0.27	0.93	0.86	0.09	0.86	0.83	0.5	-0.5	0.96	0.61	-0.18	0.89		-0.25	-0.74	0.94	0.79	0.98	0.8	0.56	0.2
Intangible Assets	0.15	-0.41	-0.31	0.78	0.47	-0.07	-0.39	-0.47	-0.33	-0.47	0.12	0.27	0.6	-0.13	-0.49	0.3	-0.32	-0.25		0.63	-0.28	0.17	-0.32	-0.47	0.33	-0.5
Common Stock	-0.42	-0.92	-0.81	0.93	0.84	0.1	-0.81	-0.78	-0.06	-0.78	-0.34	-0.18	0.56	-0.69	-0.89	0.09	-0.92	-0.74	0.63		-0.78	-0.5	-0.82	-0.9	-0.17	-0.19
Property Plant Equipment	0.79	0.79	0.89	-0.55	-0.91	-0.17	0.89	0.81	0.15	0.81	0.72	0.49	-0.51	0.92	0.66	-0.31	0.91	0.94	-0.28	-0.78		0.81	0.95	0.83	0.57	0.28
Property Plant And Equipment Net	0.95	0.59	0.76	-0.25	-0.68	-0.12	0.7	0.48	0.06	0.48	0.82	0.79	-0.44	0.87	0.39	-0.11	0.78	0.79	0.17	-0.5	0.81		0.79	0.75	0.89	-0.05
Current Deferred Revenue	0.78	0.89	0.98	-0.6	-0.94	-0.28	0.97	0.83	0.16	0.83	0.79	0.47	-0.53	0.97	0.67	-0.2	0.94	0.98	-0.32	-0.82	0.95	0.79		0.86	0.53	0.26
Net Debt	0.71	0.84	0.84	-0.79	-0.86	-0.17	0.83	0.68	0.11	0.68	0.56	0.57	-0.78	0.8	0.75	-0.12	0.92	0.8	-0.47	-0.9	0.83	0.75	0.86		0.55	0.12
Non Current Assets Total	0.93	0.25	0.49	0.06	-0.47	-0.25	0.46	0.17	0.12	0.17	0.73	0.95	-0.43	0.65	0.13	-0.15	0.47	0.56	0.33	-0.17	0.57	0.89	0.53	0.55		-0.07
Non Currrent Assets Other	0.01	0.09	0.25	-0.15	-0.37	0.14	0.36	0.16	0.91	0.16	0.13	-0.23	-0.17	0.19	0.06	-0.63	0.11	0.2	-0.5	-0.19	0.28	-0.05	0.26	0.12	-0.07

Click cells to compare fundamentals

NVent Electric Account Relationship Matchups

NVent Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.6B	4.4B	4.7B	4.9B	6.2B	5.3B
Other Current Liab	243.9M	200.6M	302.7M	307.5M	319.3M	223.4M
Total Current Liabilities	462.2M	450M	636.3M	649.5M	733.6M	545.6M
Total Stockholder Equity	2.6B	2.4B	2.5B	2.7B	3.1B	2.4B
Other Liab	504.8M	578.3M	547.6M	389.1M	350.2M	442.4M
Net Tangible Assets	(847.1M)	2.4B	(834.4M)	(512.5M)	(461.3M)	(438.2M)
Accounts Payable	187.1M	171.1M	261M	252.1M	275.7M	219.5M
Cash	106.4M	122.5M	49.5M	297.5M	185.1M	121.1M
Other Assets	73.3M	110M	141.1M	63.2M	72.7M	106.0M
Cash And Short Term Investments	106.4M	122.5M	49.5M	297.5M	185.1M	121.1M
Net Receivables	334.3M	359.4M	487M	518.1M	633.6M	473.9M
Good Will	2.3B	2.1B	2.2B	2.2B	2.6B	2.5B
Common Stock Shares Outstanding	173M	169.6M	169.7M	168.3M	168.2M	139.1M
Inventory	244.7M	235.2M	321.9M	346.7M	441.3M	299.6M
Other Current Assets	113.3M	47.3M	53.1M	66.9M	76.1M	59.5M
Other Stockholder Equity	2.5B	2.5B	2.4B	2.4B	2.3B	2.3B
Total Liab	2.0B	2.0B	2.2B	2.2B	3.0B	2.0B
Total Current Assets	798.7M	764.4M	911.5M	1.2B	1.3B	968.8M
Intangible Assets	1.2B	1.1B	1.1B	1.1B	1.5B	985.8M
Property Plant Equipment	328.7M	289.4M	291.1M	365.6M	420.4M	315.4M
Property Plant And Equipment Net	284.5M	289.4M	291.1M	289.2M	508.7M	337.4M
Current Deferred Revenue	13.7M	11.3M	17.8M	22.7M	27.1M	16.8M
Net Debt	958.2M	825.5M	949.7M	785.7M	1.7B	1.8B
Non Current Assets Total	3.8B	3.6B	3.8B	3.7B	4.8B	4.3B
Non Currrent Assets Other	117.5M	108.6M	141.1M	139.6M	49.6M	88.8M
Long Term Debt Total	1.0B	928M	994.2M	1.1B	1.2B	780.5M
Liabilities And Stockholders Equity	4.6B	4.4B	4.7B	4.9B	6.2B	5.3B
Non Current Liabilities Total	1.6B	1.5B	1.5B	1.5B	2.3B	1.5B
Property Plant And Equipment Gross	284.5M	335M	291.1M	830.6M	1.0B	515.2M
Accumulated Other Comprehensive Income	(98.6M)	(95.2M)	(83.2M)	(99.6M)	(104M)	(109.2M)
Non Current Liabilities Other	10.6M	348.2M	129.2M	124.7M	33.8M	32.1M
Cash And Equivalents	106.4M	122.5M	49.5M	297.5M	342.1M	359.2M
Short Term Debt	17.5M	34.2M	22.4M	32.7M	57.5M	45.3M
Long Term Debt	1.0B	928M	994.2M	1.1B	1.7B	1.1B
Net Invested Capital	3.7B	3.4B	999.2M	1.1B	4.9B	5.2B
Net Working Capital	336.5M	314.4M	275.2M	579.7M	602.5M	445.5M
Short Long Term Debt Total	1.1B	948M	999.2M	1.1B	1.9B	1.3B
Retained Earnings	186.7M	20.7M	174.5M	457.3M	905.3M	950.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC