Vertiv Holdings Co Balance Sheet Health
Financial Health criteria checks 5/6
Vertiv Holdings Co has a total shareholder equity of $1.5B and total debt of $2.9B, which brings its debt-to-equity ratio to 190.9%. Its total assets and total liabilities are $8.1B and $6.6B respectively. Vertiv Holdings Co's EBIT is $1.1B making its interest coverage ratio 6.4. It has cash and short-term investments of $618.3M.
Key information
190.9%
Debt to equity ratio
US$2.93b
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$618.30m |
| Equity | US$1.54b |
| Total liabilities | US$6.57b |
| Total assets | US$8.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VRT *'s short term assets ($4.2B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: VRT *'s short term assets ($4.2B) exceed its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: VRT *'s net debt to equity ratio (150.7%) 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 (38.2%).
Interest Coverage: VRT *'s interest payments on its debt are well covered by EBIT (6.4x coverage).