nVent Electric plc (NVT) financial statements (2021 and earlier)

Company profile

Business Address THE MILLE
LONDON, TW8 9DW
State of Incorp.
Fiscal Year End December 31
SIC 355 - Special Industry Machinery, Except Metalworking (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments123106159
Cash and cash equivalents123106159
Receivables(6)(5)(6)
Inventory, net of allowances, customer advances and progress billings235245228
Inventory235245228
Other current assets93113118
Other undisclosed current assets320340347
Total current assets:764799847
Noncurrent Assets
Property, plant and equipment289  
Intangible assets, net (including goodwill)3,2043,4403,408
Goodwill2,0982,2792,234
Intangible assets, net (excluding goodwill)1,1061,1611,173
Other noncurrent assets10911834
Total noncurrent assets:3,6023,5573,441
Other undisclosed assets 285265
TOTAL ASSETS:4,3664,6404,553
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities430445449
Accounts payable171187186
Accrued liabilities189186187
Employee-related liabilities707276
Debt201813
Total current liabilities:450462462
Noncurrent Liabilities
Long-term debt and lease obligation9281,047929
Long-term debt, excluding current maturities9281,047929
Liabilities, other than long-term debt578539475
Deferred tax liabilities, net238225
Deferred income tax liabilities230 
Liability, pension and other postretirement and postemployment benefits238207178
Other liabilities1109472
Total noncurrent liabilities:1,5061,5861,404
Total liabilities:1,9562,0481,866
Stockholders' equity
Stockholders' equity attributable to parent2,4082,5912,685
Additional paid in capital2,4832,5032,710
Accumulated other comprehensive loss(95)(99)(108)
Retained earnings2118783
Other undisclosed stockholders' equity222
Total stockholders' equity:2,4102,5932,687
TOTAL LIABILITIES AND EQUITY:4,3664,6404,553

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues1,9992,2042,214
Cost of revenue
(Cost of Goods and Services Sold)
(1,249)(1,338)(1,338)
Gross profit:749866876
Operating expenses(491)(533)(565)
Other undisclosed operating loss(221)  
Operating income:38333311
Interest and debt expense(36)(45)(31)
Income from continuing operations before equity method investments, income taxes:2288280
Other undisclosed loss from continuing operations before income taxes(12)(31)(11)
Income (loss) from continuing operations before income taxes:(10)257269
Income tax expense(38)(35)(38)
Net income (loss) available to common stockholders, diluted:(47)223231

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income (loss):(47)223231
Other comprehensive income (loss)39(51)
Comprehensive income (loss), net of tax, attributable to parent:(44)232180

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: