Discontinued — last reported Q4 '23
Business Segments · CapEx
Other — CapEx
nVent Electric plc Other — CapEx remained flat by 0.0% to $1.70M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.2%, from $1.78M to $1.70M. Over 2 years (FY 2021 to FY 2023), Other — CapEx shows an upward trend with a 25.8% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2023
How to read this metric
An increase signals investment in future growth or infrastructure for non-core areas, while a decrease suggests a focus on capital preservation.
Detailed definition
The funds used by the 'Other' segment to acquire, upgrade, or maintain physical assets such as property, buildings, or e...
Peer comparison
Capital expenditures in 'Other' segments are usually minimal compared to core manufacturing segments, focusing on corporate IT or facility upgrades.
Metric ID:
nvt_segment_other_capital_expendituresHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $4.30M | $7.10M | $6.80M |
| YoY Change | — | +65.1% | -4.2% |
Range$4.30M – $7.10M
CAGR+25.8%
Avg YoY Growth+30.4%
Median YoY Growth+30.4%
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Frequently Asked Questions
- What is nVent Electric plc's other — capex?
- nVent Electric plc (NVT) reported other — capex of $1.70M in Q4 2023.
- How has nVent Electric plc's other — capex changed year-over-year?
- nVent Electric plc's other — capex decreased by 4.2% year-over-year, from $1.78M to $1.70M.
- What is the long-term trend for nVent Electric plc's other — capex?
- Over 2 years (2021 to 2023), nVent Electric plc's other — capex has grown at a 25.8% compound annual growth rate (CAGR), from $4.30M to $6.80M.
- What does other — capex mean?
- The amount of money spent on physical assets for the company's miscellaneous or non-core business segment.