Vertiv Holdings Co Balance Sheet Health
Financial Health criteria checks 5/6
Vertiv Holdings Co has a total shareholder equity of $1.4B and total debt of $2.9B, which brings its debt-to-equity ratio to 210.8%. Its total assets and total liabilities are $7.6B and $6.2B respectively. Vertiv Holdings Co's EBIT is $976.4M making its interest coverage ratio 5.7. It has cash and short-term investments of $314.3M.
Key information
210.8%
Debt to equity ratio
US$2.94b
Debt
Interest coverage ratio | 5.7x |
Cash | US$314.30m |
Equity | US$1.39b |
Total liabilities | US$6.20b |
Total assets | US$7.59b |
Recent financial health updates
Vertiv Holdings Co (NYSE:VRT) Has A Pretty Healthy Balance Sheet
Mar 10Does Vertiv Holdings Co (NYSE:VRT) Have A Healthy Balance Sheet?
Oct 31These 4 Measures Indicate That Vertiv Holdings Co (NYSE:VRT) Is Using Debt Extensively
Jun 30Vertiv Holdings Co (NYSE:VRT) Use Of Debt Could Be Considered Risky
Feb 13Vertiv Holdings Co (NYSE:VRT) Has No Shortage Of Debt
Oct 21Recent updates
Vertiv: Efficiently Absorbing AI Tailwinds
May 13Vertiv Holdings Co's (NYSE:VRT) Earnings May Just Be The Starting Point
May 03Calculating The Intrinsic Value Of Vertiv Holdings Co (NYSE:VRT)
Apr 24Vertiv: Orders Jump In Q1, Solid Non-GAAP Beat And Raise For This AI Play
Apr 24Vertiv Holdings: Take Profits Ahead Of Q1 Earnings
Apr 02Here's Why We Think Vertiv Holdings Co (NYSE:VRT) Is Well Worth Watching
Mar 25Vertiv Holdings: A Hot Company Trying To Cool A Hot AI Technology
Mar 15Vertiv Holdings Co (NYSE:VRT) Has A Pretty Healthy Balance Sheet
Mar 10Vertiv: Managing AI Expectations Following Massive Rally
Feb 28Subdued Growth No Barrier To Vertiv Holdings Co (NYSE:VRT) With Shares Advancing 26%
Feb 14Estimating The Fair Value Of Vertiv Holdings Co (NYSE:VRT)
Jan 15Market Participants Recognise Vertiv Holdings Co's (NYSE:VRT) Earnings
Dec 31Vertiv: Further Upside Possible, Driven By Generative AI
Dec 27Here's Why We Think Vertiv Holdings Co (NYSE:VRT) Is Well Worth Watching
Dec 15Should You Think About Buying Vertiv Holdings Co (NYSE:VRT) Now?
Nov 30Does Vertiv Holdings Co (NYSE:VRT) Have A Healthy Balance Sheet?
Oct 31Vertiv Holdings: Stock Poised To Benefit From Strong AI And Margin Growth
Oct 17Are Investors Undervaluing Vertiv Holdings Co (NYSE:VRT) By 24%?
Oct 16With EPS Growth And More, Vertiv Holdings Co (NYSE:VRT) Makes An Interesting Case
Sep 10At US$34.82, Is It Time To Put Vertiv Holdings Co (NYSE:VRT) On Your Watch List?
Aug 10Vertiv: An AI Beneficiary, Margins & Free Cash Flow Soar In Q2
Aug 02These 4 Measures Indicate That Vertiv Holdings Co (NYSE:VRT) Is Using Debt Extensively
Jun 30Estimating The Fair Value Of Vertiv Holdings Co (NYSE:VRT)
Jun 14Vertiv: Buoyed By The Generative AI Buzz
May 30Here's Why We Think Vertiv Holdings Co (NYSE:VRT) Is Well Worth Watching
May 18What Does Vertiv Holdings Co's (NYSE:VRT) Share Price Indicate?
May 04Estimating The Intrinsic Value Of Vertiv Holdings Co (NYSE:VRT)
Mar 15Vertiv Q4 2022 Earnings Preview
Feb 21Vertiv Holdings Co (NYSE:VRT) Use Of Debt Could Be Considered Risky
Feb 13What Does Vertiv Holdings Co's (NYSE:VRT) Share Price Indicate?
Jan 27Vertiv Holdings Co (NYSE:VRT) Shares Could Be 40% Below Their Intrinsic Value Estimate
Dec 10Vertiv: 2023 EPS Growth Expected After A Challenging Year
Dec 07Vertiv Holdings Co (NYSE:VRT) Looks Just Right With A 53% Price Jump
Nov 02Vertiv Non-GAAP EPS of $0.23 beats by $0.02, revenue of $1.48B beats by $10M
Oct 26Vertiv Holdings Co (NYSE:VRT) Has No Shortage Of Debt
Oct 21Financial Position Analysis
Short Term Liabilities: VRT's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: VRT's short term assets ($3.6B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: VRT's net debt to equity ratio (188.2%) is considered high.
Reducing Debt: VRT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: VRT's debt is well covered by operating cash flow (33.9%).
Interest Coverage: VRT's interest payments on its debt are well covered by EBIT (5.7x coverage).