NVent Ev To Free Cash Flow vs Cash And Equivalents Analysis

NVT Stock  USD 68.33  0.99  1.47%   
NVent Electric financial indicator trend analysis is infinitely more than just investigating nVent Electric PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether nVent Electric PLC is a good investment. Please check the relationship between NVent Electric Ev To Free Cash Flow and its Cash And Equivalents accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Ev To Free Cash Flow vs Cash And Equivalents

Ev To Free Cash Flow vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of nVent Electric PLC Ev To Free Cash Flow account and Cash And Equivalents. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NVent Electric's Ev To Free Cash Flow and Cash And Equivalents is 0.56. Overlapping area represents the amount of variation of Ev To Free Cash Flow that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of nVent Electric PLC, assuming nothing else is changed. The correlation between historical values of NVent Electric's Ev To Free Cash Flow and Cash And Equivalents is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Free Cash Flow of nVent Electric PLC are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Ev To Free Cash Flow i.e., NVent Electric's Ev To Free Cash Flow and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Ev To Free Cash Flow

A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.

Cash And Equivalents

Most indicators from NVent Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into nVent Electric PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Issuance Of Capital Stock is likely to gain to about 11.3 M in 2025, whereas Tax Provision is likely to drop slightly above 57.3 M in 2025.
 2024 2025 (projected)
Interest Income35.9M24.5M
Tax Provision103.5M57.3M

NVent Electric fundamental ratios Correlations

0.660.84-0.21-0.71-0.270.810.570.00.570.940.96-0.640.930.43-0.050.820.890.22-0.450.80.980.860.750.98-0.13
0.660.92-0.77-0.85-0.310.90.83-0.080.830.660.52-0.570.850.830.120.950.87-0.28-0.910.850.690.910.850.510.0
0.840.92-0.58-0.88-0.290.990.790.10.790.880.7-0.660.980.65-0.060.960.97-0.14-0.780.920.850.990.860.730.09
-0.21-0.77-0.580.650.01-0.59-0.63-0.03-0.63-0.18-0.120.61-0.43-0.780.0-0.67-0.480.740.93-0.6-0.27-0.56-0.76-0.09-0.12
-0.71-0.85-0.880.650.26-0.9-0.89-0.21-0.89-0.67-0.570.65-0.83-0.80.28-0.88-0.90.390.85-0.92-0.7-0.93-0.87-0.58-0.28
-0.27-0.31-0.290.010.26-0.32-0.150.24-0.15-0.27-0.320.1-0.28-0.33-0.1-0.2-0.28-0.10.13-0.2-0.17-0.29-0.21-0.240.15
0.810.90.99-0.59-0.9-0.320.770.190.770.860.66-0.660.960.66-0.20.930.95-0.21-0.780.920.810.980.850.690.19
0.570.830.79-0.63-0.89-0.150.77-0.11.00.580.4-0.50.740.75-0.080.80.85-0.36-0.80.860.580.840.710.40.08
0.0-0.080.1-0.03-0.210.240.19-0.1-0.10.07-0.08-0.160.06-0.11-0.63-0.010.03-0.35-0.040.12-0.010.090.070.020.91
0.570.830.79-0.63-0.89-0.150.771.0-0.10.580.4-0.50.740.75-0.080.80.85-0.36-0.80.860.580.840.710.40.08
0.940.660.88-0.18-0.67-0.270.860.580.070.580.84-0.60.950.29-0.070.780.90.2-0.410.780.920.870.670.88-0.03
0.960.520.7-0.12-0.57-0.320.660.4-0.080.40.84-0.640.80.360.030.690.750.28-0.310.670.920.710.680.98-0.26
-0.64-0.57-0.660.610.650.1-0.66-0.5-0.16-0.5-0.6-0.64-0.65-0.40.08-0.64-0.640.440.6-0.67-0.61-0.65-0.86-0.6-0.06
0.930.850.98-0.43-0.83-0.280.960.740.060.740.950.8-0.650.56-0.080.930.980.02-0.660.910.930.980.820.830.02
0.430.830.65-0.78-0.8-0.330.660.75-0.110.750.290.36-0.40.56-0.010.780.63-0.41-0.90.710.460.690.750.310.01
-0.050.12-0.060.00.28-0.1-0.2-0.08-0.63-0.08-0.070.030.08-0.08-0.01-0.03-0.120.30.07-0.25-0.04-0.14-0.09-0.06-0.62
0.820.950.96-0.67-0.88-0.20.930.8-0.010.80.780.69-0.640.930.78-0.030.93-0.15-0.860.930.870.960.90.71-0.01
0.890.870.97-0.48-0.9-0.280.950.850.030.850.90.75-0.640.980.63-0.120.93-0.08-0.710.940.890.990.830.780.04
0.22-0.28-0.140.740.39-0.1-0.21-0.36-0.35-0.360.20.280.440.02-0.410.3-0.15-0.080.56-0.260.24-0.15-0.350.32-0.51
-0.45-0.91-0.780.930.850.13-0.78-0.8-0.04-0.8-0.41-0.310.6-0.66-0.90.07-0.86-0.710.56-0.79-0.51-0.78-0.86-0.31-0.13
0.80.850.92-0.6-0.92-0.20.920.860.120.860.780.67-0.670.910.71-0.250.930.94-0.26-0.790.810.960.850.690.19
0.980.690.85-0.27-0.7-0.170.810.58-0.010.580.920.92-0.610.930.46-0.040.870.890.24-0.510.810.860.770.95-0.16
0.860.910.99-0.56-0.93-0.290.980.840.090.840.870.71-0.650.980.69-0.140.960.99-0.15-0.780.960.860.870.740.11
0.750.850.86-0.76-0.87-0.210.850.710.070.710.670.68-0.860.820.75-0.090.90.83-0.35-0.860.850.770.870.670.02
0.980.510.73-0.09-0.58-0.240.690.40.020.40.880.98-0.60.830.31-0.060.710.780.32-0.310.690.950.740.67-0.18
-0.130.00.09-0.12-0.280.150.190.080.910.08-0.03-0.26-0.060.020.01-0.62-0.010.04-0.51-0.130.19-0.160.110.02-0.18
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NVent Electric Account Relationship Matchups

NVent Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.4B4.7B4.9B6.2B7.1B5.3B
Other Current Liab200.6M302.7M307.5M319.3M367.2M223.4M
Total Current Liabilities450M636.3M649.5M733.6M843.6M545.6M
Total Stockholder Equity2.4B2.5B2.7B3.1B2.8B2.4B
Other Liab504.8M578.3M547.6M389.1M350.2M442.4M
Net Tangible Assets(847.1M)2.4B(834.4M)(512.5M)(461.3M)(438.2M)
Accounts Payable171.1M261M252.1M275.7M317.1M219.5M
Cash122.5M49.5M297.5M185.1M212.9M121.1M
Other Assets73.3M110M141.1M63.2M72.7M106.0M
Cash And Short Term Investments122.5M49.5M297.5M185.1M212.9M121.1M
Net Receivables359.4M487M518.1M633.6M728.6M473.9M
Good Will2.1B2.2B2.2B2.6B3.0B2.5B
Common Stock Shares Outstanding169.6M169.7M168.3M168.2M151.4M138.6M
Inventory235.2M321.9M346.7M441.3M507.5M299.6M
Other Current Assets47.3M53.1M66.9M76.1M87.5M59.5M
Other Stockholder Equity2.5B2.4B2.4B2.3B2.7B2.3B
Total Liab2.0B2.2B2.2B3.0B3.5B2.0B
Total Current Assets764.4M911.5M1.2B1.3B1.5B968.8M
Intangible Assets1.1B1.1B1.1B1.5B1.4B985.8M
Property Plant Equipment328.7M289.4M291.1M365.6M420.4M315.4M
Property Plant And Equipment Net289.4M291.1M289.2M508.7M585.0M337.4M
Current Deferred Revenue11.3M17.8M22.7M27.1M31.2M16.8M
Net Debt825.5M949.7M785.7M1.7B2.0B2.1B
Non Current Assets Total3.6B3.8B3.7B4.8B5.5B4.3B
Non Currrent Assets Other108.6M141.1M139.6M49.6M44.6M88.8M
Long Term Debt Total1.0B928M994.2M1.1B1.2B780.5M
Liabilities And Stockholders Equity4.4B4.7B4.9B6.2B7.1B5.3B
Non Current Liabilities Total1.5B1.5B1.5B2.3B2.6B1.5B
Property Plant And Equipment Gross335M291.1M830.6M1.0B1.2B1.2B
Accumulated Other Comprehensive Income(95.2M)(83.2M)(99.6M)(104M)(93.6M)(98.3M)
Non Current Liabilities Other348.2M129.2M124.7M33.8M38.9M36.9M
Cash And Equivalents106.4M122.5M49.5M297.5M342.1M359.2M
Short Term Debt34.2M22.4M32.7M57.5M51.8M45.3M
Long Term Debt928M994.2M1.1B1.7B2.0B1.1B
Net Invested Capital3.4B999.2M1.1B4.9B4.4B2.5B
Net Working Capital314.4M275.2M579.7M602.5M692.9M445.5M
Short Long Term Debt Total948M999.2M1.1B1.9B2.2B1.3B
Retained Earnings20.7M174.5M457.3M905.3M1.0B1.1B

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