Vertiv Holdings Co Balance Sheet Health
Financial Health criteria checks 5/6
Vertiv Holdings Co has a total shareholder equity of $1.8B and total debt of $2.9B, which brings its debt-to-equity ratio to 161.6%. Its total assets and total liabilities are $8.9B and $7.1B respectively. Vertiv Holdings Co's EBIT is $1.2B making its interest coverage ratio 7.5. It has cash and short-term investments of $937.1M.
Key information
161.6%
Debt to equity ratio
US$2.93b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$937.10m |
| Equity | US$1.81b |
| Total liabilities | US$7.08b |
| Total assets | US$8.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRT *'s short term assets ($4.8B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: VRT *'s short term assets ($4.8B) exceed its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: VRT *'s net debt to equity ratio (109.9%) 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 (42.7%).
Interest Coverage: VRT *'s interest payments on its debt are well covered by EBIT (7.5x coverage).