NVT (nVent Electric) Buildings And Improvements : $180 Mil (As of Sep. 2024)

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What is nVent Electric Buildings And Improvements?

nVent Electric's quarterly buildings and improvements declined from Mar. 2024 ($219 Mil) to Jun. 2024 ($216 Mil) and declined from Jun. 2024 ($216 Mil) to Sep. 2024 ($180 Mil).

nVent Electric's annual buildings and improvements declined from Dec. 2021 ($185 Mil) to Dec. 2022 ($181 Mil) but then increased from Dec. 2022 ($181 Mil) to Dec. 2023 ($217 Mil).

nVent Electric Buildings And Improvements Historical Data

The historical data trend for nVent Electric's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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nVent Electric Buildings And Improvements Chart

nVent Electric Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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181.60

185.50

184.50

180.50

217.40

nVent Electric Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Buildings And Improvements	Get a 7-Day Free Trial															205.50	217.40	219.10	216.00	180.30

nVent Electric Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

nVent Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » nVent Electric PLC (NYSE:NVT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW

Website

https://www.nvent.com

nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. nVent currently has three reportable segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. Thermal Management is expected to be sold by early 2025. North America accounts for the majority of sales.

Executives

Jerry W Burris	director	5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Van Der Kolk Robert J.	officer: See Remarks below	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sara E Zawoyski	officer: EVP & Chief Financial Officer	1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randolph A. Wacker	officer: SVP & Chief Accounting Officer	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Jon D. Lammers	officer: EVP, Gen. Counsel & Secretary	C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Herbert K Parker	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Michael B Faulconer	officer: President - Thermal Management	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Lynnette R Heath	officer: EVP & Chief HR Officer	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Joseph A. Ruzynski	officer: President of Enclosures	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Aravind Padmanabhan	officer: EVP & Chief Technology Officer	1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randall J Hogan	director	5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Beth Wozniak	officer: Chief Executive Officer	555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Greg Scheu	director	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Susan M. Cameron	director	C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Danita K Ostling	director	1665 UTICA AVENUE, ST. LOUIS PARK MN 55416