Discontinued — last reported Q4 '23
Business Segments · Total Assets
Thermal Management — Total Assets
nVent Electric plc Thermal Management — Total Assets decreased by 1.0% to $1.25B in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2023
Rolls up toTotal Assets
How to read this metric
Growth in assets relative to revenue can indicate capital intensity, while efficient use of assets is key to high returns on invested capital.
Detailed definition
The total value of resources controlled by the Thermal Management segment, including property, plant, equipment, invento...
Peer comparison
Standard balance sheet metric for segment-level capital allocation analysis.
Metric ID:
nvt_segment_thermal_management_assetsHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $1.28B | $1.26B | $1.25B |
| QoQ Change | — | -1.4% | -1.0% |
| YoY Change | — | -1.4% | -1.0% |
Range$1.25B – $1.28B
Avg YoY Growth-1.2%
Median YoY Growth-1.2%
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is nVent Electric plc's thermal management — total assets?
- nVent Electric plc (NVT) reported thermal management — total assets of $1.25B in Q4 2023.
- What does thermal management — total assets mean?
- The total value of resources owned by the Thermal Management segment.