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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 49V's short term assets ($3.6B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: 49V's short term assets ($3.6B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: 49V's net debt to equity ratio (188.2%) is considered high.
Reducing Debt: 49V had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 49V's debt is well covered by operating cash flow (33.9%).
Interest Coverage: 49V's interest payments on its debt are well covered by EBIT (5.7x coverage).