nVent Electric PLC (NVT)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,237,600 3,283,700 3,287,800 3,212,300 3,142,100 2,945,100 2,875,700 2,789,900 2,731,700 2,650,600 2,586,000 2,533,900 2,496,100 2,541,600 2,492,800 2,450,000 2,409,800 2,413,400 2,578,200 2,576,600
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,237,600K
= 0.00

The debt-to-equity ratio for nVent Electric PLC has been consistently reported as 0.00 across multiple reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during these periods in relation to its equity. A debt-to-equity ratio of 0.00 signifies that the company's total liabilities are equal to its total equity, implying that all financing is derived from equity rather than borrowed funds. It suggests that nVent Electric PLC has a conservative capital structure with low financial leverage and may be in a relatively strong financial position as it is not relying on debt to support its operations or growth.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
nVent Electric PLC
NVT
0.00
John Bean Technologies Corporation
JBT
0.43
Kadant Inc
KAI
0.00
Pentair PLC
PNR
0.46