nVent Electric plc NVT Interest coverage
Interest coverage at other companies
Other financials
Where this comes from
Calculated from nVent Electric plc’s reported figures.
Based on trailing twelve months.
The official record: nVent Electric plc’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is nVent Electric plc's interest coverage?
- nVent Electric plc (NVT) reported interest coverage of 6.5× in Q4 2023.
- How has nVent Electric plc's interest coverage changed year-over-year?
- nVent Electric plc's interest coverage decreased by 35.9% year-over-year, from 10.1× to 6.5×.
- What is the long-term trend for nVent Electric plc's interest coverage?
- Over 2 years (2021 to 2023), nVent Electric plc's interest coverage has grown at a 3.2% compound annual growth rate (CAGR), from 25.8× to 27.5×.
- What does interest coverage mean?
- How many times the company's operating profit covers its interest bill.
- How do you interpret interest coverage?
- Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
- How does interest coverage compare across companies?
- Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.