Discontinued — last reported Q3 '23
Business Segments · Restructuring costs
Other — Restructuring costs
nVent Electric plc Other — Restructuring costs increased by 100.0% to $200.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from $100.00K to $200.00K. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2017
Last reportedQ3 2023
Rolls up toRestructuring Charges
How to read this metric
A decrease is generally positive as it suggests the completion of restructuring efforts, while a spike indicates ongoing organizational changes.
Detailed definition
Expenses incurred by the 'Other' segment related to organizational changes, such as severance, facility closures, or ass...
Peer comparison
Peers frequently report restructuring costs in 'Other' or 'Corporate' segments as they often involve company-wide initiatives rather than segment-specific ones.
Metric ID:
nvt_segment_other_restructuring_costsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $600.00K | $600.00K | $1.80M | $100.00K | $100.00K | $300.00K | $100.00K | $200.00K |
| QoQ Change | — | +0.0% | +200.0% | -94.4% | +0.0% | +200.0% | -66.7% | +100.0% |
| YoY Change | — | — | — | -83.3% | -83.3% | -83.3% | +0.0% | +100.0% |
Range$100.00K – $1.80M
CAGR-46.6%
Avg YoY Growth-30.0%
Median YoY Growth-83.3%
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Frequently Asked Questions
- What is nVent Electric plc's other — restructuring costs?
- nVent Electric plc (NVT) reported other — restructuring costs of $200.00K in Q3 2023.
- How has nVent Electric plc's other — restructuring costs changed year-over-year?
- nVent Electric plc's other — restructuring costs increased by 100.0% year-over-year, from $100.00K to $200.00K.
- What does other — restructuring costs mean?
- One-time costs associated with reorganizing or streamlining the company's miscellaneous business segment.