Vertiv Holdings Co (VRT)

Vertiv Holdings Co Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	908.7	780.4	260.6	439.1	534.6	223.5
Trading Asset Securities	28.4	36.4	36.9	-	-	-
Cash & Short-Term Investments	937.1	816.8	297.5	439.1	534.6	223.5
Cash Growth	73.02%	174.55%	-32.25%	-17.86%	139.19%	3.91%
Receivables	2,329	2,185	1,889	1,536	1,354	1,212
Inventory	1,255	884.3	822	616.3	446.6	401
Restricted Cash	8.7	8.2	12.6	8	8	10.2
Other Current Assets	275.1	107	137.8	98.8	175.2	170.5
Total Current Assets	4,805	4,002	3,159	2,699	2,519	2,017
Property, Plant & Equipment	779.8	733.6	655.8	642.2	573.4	538.6
Long-Term Investments	27.3	44.5	73.3	16.1	-	-
Goodwill	1,349	1,330	1,285	1,330	607.2	605.8
Other Intangible Assets	1,573	1,673	1,816	2,138	1,303	1,442
Long-Term Deferred Tax Assets	296.9	159.8	46.4	47.9	20.9	9
Other Long-Term Assets	61	55.9	60.7	66.5	51	45
Total Assets	8,891	7,999	7,096	6,940	5,074	4,657
Accounts Payable	1,240	986.4	984	858.5	730.5	636.8
Accrued Expenses	146.6	165.4	132.6	125.8	138.5	145.4
Current Portion of Long-Term Debt	21.2	21.8	21.8	29.2	32.3	-
Current Portion of Leases	41.2	42.9	45.2	42.1	42.3	35
Current Income Taxes Payable	124.2	46.5	19.7	21.1	18.8	15.2
Current Unearned Revenue	1,016	638.9	358.7	291	235.7	200.7
Other Current Liabilities	900.1	403.5	335.9	487.1	543.5	486.6
Total Current Liabilities	3,489	2,305	1,898	1,855	1,742	1,520
Long-Term Debt	2,910	2,919	3,169	2,951	2,153	3,467
Long-Term Leases	155.3	142.6	132	115.5	107.3	78.2
Long-Term Unearned Revenue	80.7	61.8	49.5	59.9	38.8	41.3
Long-Term Deferred Tax Liabilities	240	159.5	176.5	198.8	116.5	124.7
Other Long-Term Liabilities	202.9	395.2	228.8	342.4	404.5	131
Total Liabilities	7,078	5,984	5,654	5,522	4,562	5,362
Additional Paid-In Capital	2,152	2,711	2,631	2,598	1,792	277.7
Retained Earnings	-371.2	-691.9	-1,143	-1,215	-1,331	-1,001
Comprehensive Income & Other	33.1	-4.5	-46.2	35.6	51.5	18.1
Shareholders' Equity	1,814	2,015	1,442	1,418	512.1	-704.8
Total Liabilities & Equity	8,891	7,999	7,096	6,940	5,074	4,657
Total Debt	3,127	3,126	3,368	3,137	2,335	3,581
Net Cash (Debt)	-2,190	-2,310	-3,071	-2,698	-1,800	-3,357
Net Cash Per Share	-5.65	-5.98	-8.12	-7.49	-5.86	-28.39
Filing Date Shares Outstanding	375.34	381.97	377.64	375.99	352.21	1
Total Common Shares Outstanding	375.25	381.79	377.37	375.8	342.02	1
Working Capital	1,315	1,696	1,261	843.8	777.2	497.7
Book Value Per Share	4.83	5.28	3.82	3.77	1.50	-704.80
Tangible Book Value	-1,108	-988.3	-1,659	-2,051	-1,398	-2,752
Tangible Book Value Per Share	-2.95	-2.59	-4.40	-5.46	-4.09	-2752.20
Land	41.6	41.3	41	42.1	47.4	46.7
Buildings	361.3	343.6	312.4	304.8	255.5	243.2
Machinery	552.3	479.7	405.4	373.6	322.4	280.7
Construction In Progress	65.4	67.5	41.5	34.8	23.1	21.9
Order Backlog	-	5,527	4,754	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.