Vertiv Holdings Co
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 18, 2025
VRT$200.47+9.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,227.6 | $780.4 |
| Accounts receivable, less allowances of $22.4 and $29.1, respectively | 2,362.7 | 2,118.1 |
| Inventories | 1,244.4 | 884.3 |
| Other current assets | 267.1 | 218.7 |
| Total current assets | 5,101.8 | 4,001.5 |
| Property, plant and equipment, net | 625.1 | 560.1 |
| Other assets: | ||
| Goodwill | 1,321.1 | 1,330.3 |
| Other intangible assets, net | 1,487.1 | 1,672.9 |
| Deferred income taxes | 303.3 | 159.8 |
| Right-of-use assets, net | 202.1 | 173.5 |
| Other | 92.0 | 100.4 |
| Total other assets | 3,405.6 | 3,436.9 |
| Total assets | $9,132.5 | $7,998.5 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current portion of long-term debt | $21.0 | $21.8 |
| Accounts payable | 1,316.4 | 986.4 |
| Deferred revenue | 1,063.3 | 638.9 |
| Accrued expenses and other liabilities | 612.6 | 611.8 |
| Income taxes | 83.7 | 46.5 |
| Total current liabilities | 3,097.0 | 2,305.4 |
| Long-term debt, net | 2,907.2 | 2,919.1 |
| Deferred income taxes | 240.3 | 159.5 |
| Warrant liabilities | — | 195.0 |
| Long-term lease liabilities | 171.4 | 142.6 |
| Other long-term liabilities | 282.3 | 262.0 |
| Total liabilities | 6,698.2 | 5,983.6 |
| 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, 380,703,974 and 381,788,876 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 2,821.4 | 2,711.3 |
| Accumulated deficit | (238.3) | (691.9) |
| Accumulated other comprehensive (loss) income | (148.8) | (4.5) |
| Total equity | 2,434.3 | 2,014.9 |
| Total liabilities and equity | $9,132.5 | $7,998.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.