NVent Intangible Assets vs Net Receivables Analysis

NVT Stock  USD 90.24  0.51  0.57%   
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 Intangible Assets and its Net Receivables 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.

Intangible Assets vs Net Receivables

Intangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nVent Electric PLC Intangible Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NVent Electric's Intangible Assets and Net Receivables is -0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Receivables 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 Intangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of nVent Electric PLC are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Intangible Assets i.e., NVent Electric's Intangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Receivables

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.
Tax Provision is likely to gain to about 197.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 565.5 M in 2025.
 2023 2024 2025 (projected)
Interest Income69.1M106M111.3M
Tax Provision90M188.4M197.8M

NVent Electric fundamental ratios Correlations

0.850.84-0.08-0.73-0.290.920.880.80.760.430.960.520.430.820.52-0.70.810.810.7-0.140.830.87-0.29-0.470.9
0.850.98-0.42-0.84-0.330.810.940.840.930.650.70.60.650.840.23-0.690.90.890.56-0.030.930.94-0.45-0.730.85
0.840.98-0.49-0.9-0.30.870.910.870.980.710.670.680.710.890.31-0.690.930.950.48-0.130.960.97-0.56-0.80.91
-0.08-0.42-0.490.56-0.01-0.29-0.21-0.65-0.54-0.610.11-0.62-0.61-0.250.00.51-0.58-0.42-0.140.0-0.57-0.40.670.89-0.37
-0.73-0.84-0.90.560.26-0.8-0.74-0.86-0.91-0.84-0.54-0.84-0.84-0.78-0.30.65-0.88-0.84-0.420.32-0.89-0.920.760.85-0.88
-0.29-0.33-0.3-0.010.26-0.16-0.36-0.21-0.33-0.13-0.26-0.06-0.13-0.44-0.410.1-0.18-0.3-0.17-0.09-0.21-0.290.00.13-0.22
0.920.810.87-0.29-0.8-0.160.810.840.840.560.830.650.560.870.56-0.630.890.90.47-0.250.90.89-0.51-0.650.97
0.880.940.91-0.21-0.74-0.360.810.720.820.610.760.370.610.860.35-0.560.840.870.510.140.860.91-0.21-0.570.85
0.80.840.87-0.65-0.86-0.210.840.720.850.620.680.770.620.740.46-0.880.920.810.68-0.130.920.85-0.61-0.850.86
0.760.930.98-0.54-0.91-0.330.840.820.850.710.580.770.710.890.31-0.660.890.950.4-0.270.920.94-0.68-0.810.89
0.430.650.71-0.61-0.84-0.130.560.610.620.710.190.61.00.630.15-0.420.690.710.13-0.10.70.79-0.62-0.790.69
0.960.70.670.11-0.54-0.260.830.760.680.580.190.370.190.680.55-0.630.670.640.74-0.090.680.7-0.11-0.260.76
0.520.60.68-0.62-0.84-0.060.650.370.770.770.60.370.60.520.13-0.650.710.610.37-0.670.710.68-0.95-0.770.7
0.430.650.71-0.61-0.84-0.130.560.610.620.711.00.190.60.630.15-0.420.690.710.13-0.10.70.79-0.62-0.790.69
0.820.840.89-0.25-0.78-0.440.870.860.740.890.630.680.520.630.63-0.570.750.970.39-0.150.790.91-0.41-0.580.89
0.520.230.310.0-0.3-0.410.560.350.460.310.150.550.130.150.63-0.390.290.50.340.020.30.37-0.02-0.150.5
-0.7-0.69-0.690.510.650.1-0.63-0.56-0.88-0.66-0.42-0.63-0.65-0.42-0.57-0.39-0.67-0.61-0.870.13-0.68-0.670.440.6-0.66
0.810.90.93-0.58-0.88-0.180.890.840.920.890.690.670.710.690.750.29-0.670.860.47-0.091.00.91-0.6-0.870.92
0.810.890.95-0.42-0.84-0.30.90.870.810.950.710.640.610.710.970.5-0.610.860.36-0.160.890.95-0.53-0.720.93
0.70.560.48-0.14-0.42-0.170.470.510.680.40.130.740.370.130.390.34-0.870.470.360.020.480.48-0.08-0.260.46
-0.14-0.03-0.130.00.32-0.09-0.250.14-0.13-0.27-0.1-0.09-0.67-0.1-0.150.020.13-0.09-0.160.02-0.1-0.190.70.1-0.25
0.830.930.96-0.57-0.89-0.210.90.860.920.920.70.680.710.70.790.3-0.681.00.890.48-0.10.93-0.6-0.870.93
0.870.940.97-0.4-0.92-0.290.890.910.850.940.790.70.680.790.910.37-0.670.910.950.48-0.190.93-0.56-0.750.95
-0.29-0.45-0.560.670.760.0-0.51-0.21-0.61-0.68-0.62-0.11-0.95-0.62-0.41-0.020.44-0.6-0.53-0.080.7-0.6-0.560.76-0.57
-0.47-0.73-0.80.890.850.13-0.65-0.57-0.85-0.81-0.79-0.26-0.77-0.79-0.58-0.150.6-0.87-0.72-0.260.1-0.87-0.750.76-0.72
0.90.850.91-0.37-0.88-0.220.970.850.860.890.690.760.70.690.890.5-0.660.920.930.46-0.250.930.95-0.57-0.72
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NVent Electric Account Relationship Matchups

NVent Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B4.7B4.9B6.2B6.7B5.5B
Other Current Liab200.6M302.7M307.5M319.3M410.9M271.2M
Total Current Liabilities450M636.3M649.5M733.6M801.6M579.2M
Total Stockholder Equity2.4B2.5B2.7B3.1B3.2B2.4B
Other Liab504.8M578.3M547.6M389.1M350.2M442.4M
Net Tangible Assets(847.1M)2.4B(834.4M)(512.5M)(461.3M)(438.2M)
Property Plant And Equipment Net289.4M291.1M289.2M508.7M455.1M345.0M
Current Deferred Revenue11.3M17.8M22.7M27.1M31.2M16.6M
Net Debt825.5M949.7M785.7M1.7B2.1B2.2B
Accounts Payable171.1M261M252.1M275.7M280.1M228.4M
Cash122.5M49.5M297.5M185.1M131.2M123.5M
Non Current Assets Total3.6B3.8B3.7B4.8B5.3B4.5B
Non Currrent Assets Other108.6M141.1M139.6M49.6M1.1B1.1B
Other Assets110M141.1M63.2M228.8M1.1B1.1B
Cash And Short Term Investments122.5M49.5M297.5M185.1M131.2M123.5M
Net Receivables359.4M487M518.1M633.6M528M500.4M
Good Will2.1B2.2B2.2B2.6B2.2B2.5B
Common Stock Shares Outstanding169.6M169.7M168.3M168.2M151.4M138.6M
Liabilities And Stockholders Equity4.4B4.7B4.9B6.2B6.7B5.5B
Non Current Liabilities Total1.5B1.5B1.5B2.3B2.7B1.6B
Inventory235.2M321.9M346.7M441.3M360.3M309.3M
Other Current Assets47.3M53.1M66.9M76.1M369.8M388.3M
Other Stockholder Equity2.5B2.4B2.4B2.3B2.3B2.3B
Total Liab2.0B2.2B2.2B3.0B3.5B2.2B
Total Current Assets764.4M911.5M1.2B1.3B1.4B1.0B
Accumulated Other Comprehensive Income(95.2M)(83.2M)(99.6M)(104M)(144.4M)(151.6M)
Intangible Assets1.1B1.1B1.1B1.5B1.6B1.2B
Property Plant Equipment289.4M291.1M365.6M508.7M472.8M360.3M
Long Term Debt Total928M994.2M1.1B1.7B2.1B1.1B
Property Plant And Equipment Gross335M291.1M830.6M1.0B918.6M577.1M
Non Current Liabilities Other348.2M129.2M124.7M33.8M40.1M38.1M
Cash And Equivalents122.5M49.5M297.5M185.1M131.2M134.4M
Short Term Debt34.2M22.4M32.7M57.5M59.9M46.9M
Long Term Debt928M994.2M1.1B1.7B2.1B1.2B
Net Invested Capital3.4B999.2M1.1B4.9B5.4B3.7B
Net Working Capital314.4M275.2M579.7M602.5M587.7M470.6M
Short Long Term Debt Total948M999.2M1.1B1.9B2.3B1.4B
Retained Earnings20.7M174.5M457.3M905.3M1.1B1.2B

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