Debt to Assets Ratio: 24.38%
Is the debt to assets ratio high or low?
The debt to assets ratio of 24.38% is 10% below its 5-year average of 27.23%, near the low end of its 5-year range (22.66%–34.96%).
As of Friday, June 26, 2026. 6.94% below its 12-month average of 26.20%.
NVT Debt to Assets Ratio
Reported quarterly debt to assets ratio; no daily interpolation.
NVT Average Debt to Assets Ratio Chart
NVT Current vs Average Debt to Assets Ratio Chart
NVT Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
24.38%
DEBT TO ASSETS RATIO AVG TTM
26.20%
DEBT TO ASSETS RATIO AVG 3Y
29.44%
DEBT TO ASSETS RATIO AVG 5Y
27.23%
DEBT TO ASSETS RATIO AVG 10Y
25.16%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.94%
CURRENT VS 3Y AVG
-17.17%
CURRENT VS 5Y AVG
-10.45%
CURRENT VS 10Y AVG
-3.09%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NVT Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $27.80B | 24.38% | 26.20% | 29.44% | 27.23% |
| Xylem Inc. (XYL)vs › | $27.81B | 0.12% | N/A | N/A | N/A |
| Copart, Inc. (CPRT)vs › | $27.82B | 0.01% | N/A | N/A | N/A |
| Hubbell Inc (HUBB)vs › | $28.29B | 0.32% | N/A | N/A | N/A |
| Otis Worldwide Corporation (OTIS)vs › | $28.31B | 0.82% | N/A | N/A | N/A |
| Curtiss-Wright Corporation (CW)vs › | $28.36B | 0.25% | N/A | N/A | N/A |
| ATI Inc. (ATI)vs › | $27.24B | 0.38% | N/A | N/A | N/A |
| Sterling Infrastructure, Inc. (STRL)vs › | $27.06B | 0.13% | N/A | N/A | N/A |
| Symbotic Inc. (SYM)vs › | $26.16B | 0.01% | N/A | N/A | N/A |
| Venture Global, Inc. (VG)vs › | $25.97B | 0.65% | N/A | N/A | N/A |
Leverage Ratios Comparison
Debt/Assets
24.4%
Debt/Equity
0.46
Current Ratio
1.63
Interest Coverage
8.2x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Assets Ratio FAQ
- What is the debt to assets ratio for nVent Electric plc (NVT)?
- The debt to assets ratio for NVT stock is 24.38%.
- Is nVent Electric plc's debt to assets ratio high or low?
- The debt to assets ratio of 24.38% is 10% below its 5-year average of 27.23%, near the low end of its 5-year range (22.66%–34.96%).
- What is the TTM average debt to assets ratio for nVent Electric plc (NVT)?
- The TTM average debt to assets ratio for NVT stock is 26.20%.
- What is the 3Y average debt to assets ratio for nVent Electric plc (NVT)?
- The 3Y average debt to assets ratio for NVT stock is 29.44%.
- What is the 5Y average debt to assets ratio for nVent Electric plc (NVT)?
- The 5Y average debt to assets ratio for NVT stock is 27.23%.
- What is the 10Y average debt to assets ratio for nVent Electric plc (NVT)?
- The 10Y average debt to assets ratio for NVT stock is 25.16%.
NVT Debt to Assets Ratio History
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 24.38% |
| 2025-12-31 | 25.00% |
| 2025-09-30 | 25.58% |
| 2025-06-30 | 28.16% |
| 2025-03-31 | 27.88% |
| 2024-12-31 | 33.68% |
| 2024-09-30 | 34.27% |
| 2024-06-30 | 30.54% |
| 2024-03-31 | 30.81% |
| 2023-12-31 | 30.59% |
| 2023-09-30 | 33.07% |
| 2023-06-30 | 34.96% |
| 2023-03-31 | 23.75% |
| 2022-12-31 | 23.76% |
| 2022-09-30 | 23.91% |
| 2022-06-30 | 23.67% |
| 2022-03-31 | 24.02% |
| 2021-12-31 | 23.17% |
| 2021-09-30 | 22.71% |
| 2021-06-30 | 25.19% |
| 2021-03-31 | 22.66% |
| 2020-12-31 | 22.86% |
| 2020-09-30 | 25.03% |
| 2020-06-30 | 26.72% |
| 2020-03-31 | 26.62% |
| 2019-12-31 | 23.99% |
| 2019-09-30 | 25.91% |
| 2019-06-30 | 24.67% |
| 2019-03-31 | 22.02% |
| 2018-12-31 | 20.68% |
| 2018-09-30 | 20.60% |
| 2018-06-30 | 21.72% |
| 2018-03-31 | 8.46% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2016-12-31 | 0.00% |
About nVent Electric plc
nVent Electric plc specializes in the global design, production, distribution, installation, and upkeep of electrical connection and protective equipment. Its operations are structured across three distinct divisions. The Enclosures segment offers critical protective and connective solutions for sensitive electronic, communication, control, and power apparatus. It also supplies robust physical infrastructure for hosting and safeguarding server and network equipment, alongside indoor and outdoor protective gear for instrumentation in aerospace and defense applications. These solutions cater to industrial, infrastructural, commercial, and energy sectors, encompassing a product range including metal and non-metal enclosures, cabinets, sub-racks, and backplanes. The Electrical & Fastening Solutions unit delivers specialized fastening devices engineered to secure and shield electrical, mechanical, and civil structural systems, along with a variety of other purpose-built electrical and fastening items. Within the Thermal Management segment, the company furnishes electric thermal systems designed to connect and safeguard structures, infrastructure, industrial operations, and individuals. This includes comprehensive thermal regulation systems like heat tracing, underfloor heating, fire-resistant and specialized wiring, sensing technologies, and snow/ice removal solutions. Products are marketed under prominent brand names such as CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER. Its distribution network includes electrical wholesale partners, data center installation specialists, original equipment manufacturers (OEMs), and maintenance service providers. Clientele spans diverse sectors, including energy, manufacturing, infrastructure, and both commercial and residential markets. Established in 1903, the enterprise maintains its headquarters in London, United Kingdom.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- CEO
- Beth A. Wozniak