Vertiv Holdings Co
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
VRT$200.47+9.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $780.4 | $260.6 |
| Accounts receivable, less allowances of $29.1 and $18.4, respectively | 2,185.2 | 1,888.8 |
| Inventories | 884.3 | 822.0 |
| Other current assets | 151.6 | 187.3 |
| Total current assets | 4,001.5 | 3,158.7 |
| Property, plant and equipment, net | 560.1 | 489.4 |
| Other assets: | ||
| Goodwill | 1,330.3 | 1,284.7 |
| Other intangible assets, net | 1,672.9 | 1,816.1 |
| Deferred income taxes | 159.8 | 46.4 |
| Right-of-use assets, net | 173.5 | 166.4 |
| Other | 100.4 | 134.0 |
| Total other assets | 3,436.9 | 3,447.6 |
| Total assets | $7,998.5 | $7,095.7 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $21.8 | $21.8 |
| Accounts payable | 986.4 | 984.0 |
| Deferred revenue | 638.9 | 358.7 |
| Accrued expenses and other liabilities | 611.8 | 513.7 |
| Income taxes | 46.5 | 19.7 |
| Total current liabilities | 2,305.4 | 1,897.9 |
| Long-term debt, net | 2,919.1 | 3,169.1 |
| Deferred income taxes | 159.5 | 176.5 |
| Warrant liabilities | 195.0 | 58.7 |
| Long-term lease liabilities | 142.6 | 132.0 |
| Other long-term liabilities | 262.0 | 219.6 |
| Total liabilities | 5,983.6 | 5,653.8 |
| Equity | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding | — | — |
| Common stock, $0.0001 par value, 700,000,000 shares authorized, 381,788,876 and 377,368,837 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | — | — |
| Additional paid-in capital | 2,711.3 | 2,630.7 |
| Accumulated deficit | (691.9) | (1,142.6) |
| Accumulated other comprehensive (loss) income | (4.5) | (46.2) |
| Total equity | 2,014.9 | 1,441.9 |
| Total liabilities and equity | $7,998.5 | $7,095.7 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.