nVent Electric plc【NVT】Balance sheet

Market cap

$17B

P/E ratio

	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Cash and cash equivalents	159	106	123	50	298	185	131
Total cash & short-term investments	159	106	123	50	298	185	131
Inventories	228	245	235	322	347	441	360
Total current assets	847	799	764	912	1,229	1,336	1,389
Property, plant and equipment, net	265	285	289	291	289	390	348
Total non-current assets	3,441	3,557	3,602	3,763	3,673	4,826	5,346
Total assets	4,553	4,640	4,366	4,674	4,902	6,162	6,735
Accounts payable	186	187	171	261	252	276	280
Long-term debt, current	13	18	20	5	15	32	38
Total current liabilities	462	462	450	636	650	734	802
Long-term debt, non-current	929	1,047	928	994	1,068	1,749	2,118
Total non-current liabilities	1,404	1,586	1,506	1,542	1,521	2,286	2,696
Total liabilities	1,866	2,048	1,956	2,178	2,171	3,020	3,497
Common stock and paid-in capital	2,710	2,503	2,483	2,403	2,372	2,339	2,272
Retained earnings	83	187	21	175	457	905	1,109
Stockholders' equity	2,687	2,593	2,410	2,496	2,732	3,142	3,238
Total debt	942	1,065	948	999	1,083	1,781	2,155
Net debt	783	958	826	950	786	1,596	2,024
D/E ratio (%)	35	41.1	39.3	40	39.7	56.7	66.6