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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,467	1,228	780.4	260.6	439.1	534.6
Trading Asset Securities	28.5	30.3	36.4	36.9	-	-
Cash & Short-Term Investments	1,496	1,258	816.8	297.5	439.1	534.6
Cash Growth	375.92%	54.00%	174.56%	-32.25%	-17.86%	139.19%
Receivables	2,311	2,363	2,118	1,889	1,536	1,354
Inventory	1,384	1,244	884.3	822	616.3	446.6
Restricted Cash	8.8	4.6	8.2	12.6	8	8
Other Current Assets	263.1	232.2	174.1	137.8	98.8	175.2
Total Current Assets	5,462	5,102	4,002	3,159	2,699	2,519
Property, Plant & Equipment	841.1	827.2	733.6	655.8	642.2	573.4
Long-Term Investments	22.6	33.3	44.5	73.3	16.1	-
Goodwill	1,340	1,321	1,330	1,285	1,330	607.2
Other Intangible Assets	1,463	1,487	1,673	1,816	2,138	1,303
Long-Term Deferred Tax Assets	269.2	303.3	159.8	46.4	47.9	20.9
Other Long-Term Assets	54	58.7	55.9	60.7	66.5	51
Total Assets	9,451	9,133	7,999	7,096	6,940	5,074
Accounts Payable	1,407	1,316	986.4	984	858.5	730.5
Accrued Expenses	110.3	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	46.7	45.7	42.9	45.2	42.1	42.3
Current Income Taxes Payable	126.6	83.7	46.5	19.7	21.1	18.8
Current Unearned Revenue	1,095	1,063	638.9	358.7	291	235.7
Other Current Liabilities	377.2	419.1	403.5	335.9	487.1	543.5
Total Current Liabilities	3,184	3,097	2,305	1,898	1,855	1,742
Long-Term Debt	2,904	2,907	2,919	3,169	2,951	2,153
Long-Term Leases	172.2	171.4	142.6	132	115.5	107.3
Long-Term Unearned Revenue	96.1	91.3	61.8	49.5	59.9	38.8
Long-Term Deferred Tax Liabilities	238.4	240.3	159.5	176.5	198.8	116.5
Other Long-Term Liabilities	189.9	191	395.2	228.8	342.4	404.5
Total Liabilities	6,785	6,698	5,984	5,654	5,522	4,562
Additional Paid-In Capital	2,830	2,821	2,711	2,631	2,598	1,792
Retained Earnings	-88	-238.3	-691.9	-1,143	-1,215	-1,331
Comprehensive Income & Other	-75.2	-148.8	-4.5	-46.2	35.6	51.5
Shareholders' Equity	2,666	2,434	2,015	1,442	1,418	512.1
Total Liabilities & Equity	9,451	9,133	7,999	7,096	6,940	5,074
Total Debt	3,144	3,145	3,126	3,368	3,137	2,335
Net Cash (Debt)	-1,648	-1,887	-2,310	-3,071	-2,698	-1,800
Net Cash Per Share	-4.24	-4.89	-5.98	-8.12	-7.49	-5.86
Filing Date Shares Outstanding	381.11	380.78	381.97	377.64	375.99	352.21
Total Common Shares Outstanding	381	380.7	381.79	377.37	375.8	342.02
Working Capital	2,278	2,005	1,696	1,261	843.8	777.2
Book Value Per Share	7.00	6.39	5.28	3.82	3.77	1.50
Tangible Book Value	-136.1	-373.9	-988.3	-1,659	-2,051	-1,398
Tangible Book Value Per Share	-0.36	-0.98	-2.59	-4.40	-5.46	-4.09
Land	40	39.4	41.3	41	42.1	47.4
Buildings	375.3	362.1	343.6	312.4	304.8	255.5
Machinery	601.3	570.1	479.7	405.4	373.6	322.4
Construction In Progress	80.3	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.