Vertiv Holdings Co (BMV:VRT)

Vertiv Holdings Co Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,641	1,228	780.4	260.6	439.1	534.6
Trading Asset Securities	27.9	30.3	36.4	36.9	-	-
Cash & Short-Term Investments	1,767	1,258	816.8	297.5	439.1	534.6
Cash Growth	185.77%	54.00%	174.56%	-32.25%	-17.86%	139.19%
Receivables	2,831	2,363	2,118	1,889	1,536	1,354
Inventory	1,413	1,244	884.3	822	616.3	446.6
Restricted Cash	15.2	4.6	8.2	12.6	8	8
Other Current Assets	275.6	232.2	174.1	137.8	98.8	175.2
Total Current Assets	6,302	5,102	4,002	3,159	2,699	2,519
Property, Plant & Equipment	911.3	827.2	733.6	655.8	642.2	573.4
Long-Term Investments	14.7	33.3	44.5	73.3	16.1	-
Goodwill	1,374	1,321	1,330	1,285	1,330	607.2
Other Intangible Assets	1,454	1,487	1,673	1,816	2,138	1,303
Long-Term Deferred Tax Assets	291.5	303.3	159.8	46.4	47.9	20.9
Other Long-Term Assets	58.5	58.7	55.9	60.7	66.5	51
Total Assets	10,406	9,133	7,999	7,096	6,940	5,074
Accounts Payable	1,605	1,316	986.4	984	858.5	730.5
Accrued Expenses	151.8	147.8	165.4	132.6	125.8	138.5
Current Portion of Long-Term Debt	21	21	21.8	21.8	29.2	32.3
Current Portion of Leases	55.8	45.7	42.9	45.2	42.1	42.3
Current Income Taxes Payable	152.6	83.7	46.5	19.7	21.1	18.8
Current Unearned Revenue	1,257	1,063	638.9	358.7	291	235.7
Other Current Liabilities	370.9	419.1	403.5	335.9	487.1	543.5
Total Current Liabilities	3,615	3,097	2,305	1,898	1,855	1,742
Long-Term Debt	2,901	2,907	2,919	3,169	2,951	2,153
Long-Term Leases	203.1	171.4	142.6	132	115.5	107.3
Long-Term Unearned Revenue	106.4	91.3	61.8	49.5	59.9	38.8
Long-Term Deferred Tax Liabilities	252.6	240.3	159.5	176.5	198.8	116.5
Other Long-Term Liabilities	203.7	191	395.2	228.8	342.4	404.5
Total Liabilities	7,281	6,698	5,984	5,654	5,522	4,562
Additional Paid-In Capital	2,858	2,821	2,711	2,631	2,598	1,792
Retained Earnings	222	-238.3	-691.9	-1,143	-1,215	-1,331
Comprehensive Income & Other	45.2	-148.8	-4.5	-46.2	35.6	51.5
Shareholders' Equity	3,125	2,434	2,015	1,442	1,418	512.1
Total Liabilities & Equity	10,406	9,133	7,999	7,096	6,940	5,074
Total Debt	3,180	3,145	3,126	3,368	3,137	2,335
Net Cash (Debt)	-1,414	-1,887	-2,310	-3,071	-2,698	-1,800
Net Cash Per Share	-3.64	-4.89	-5.98	-8.12	-7.49	-5.86
Filing Date Shares Outstanding	381.87	380.78	381.97	377.64	375.99	352.21
Total Common Shares Outstanding	381.8	380.7	381.79	377.37	375.8	342.02
Working Capital	2,688	2,005	1,696	1,261	843.8	777.2
Book Value Per Share	8.19	6.39	5.28	3.82	3.77	1.50
Tangible Book Value	297.2	-373.9	-988.3	-1,659	-2,051	-1,398
Tangible Book Value Per Share	0.78	-0.98	-2.59	-4.40	-5.46	-4.09
Land	41.2	39.4	41.3	41	42.1	47.4
Buildings	400.7	362.1	343.6	312.4	304.8	255.5
Machinery	644.5	570.1	479.7	405.4	373.6	322.4
Construction In Progress	71.6	87.5	67.5	41.5	34.8	23.1
Order Backlog	-	7,179	5,527	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.