Vertiv Holdings Co (Vertiv Holdings Co) Cash And Cash Equivalents : $276 Mil (As of Mar. 2024)

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What is Vertiv Holdings Co Cash And Cash Equivalents?

Vertiv Holdings Co's quarterly cash and cash equivalents increased from Sep. 2023 ($500.00 Mil) to Dec. 2023 ($780.40 Mil) but then stayed the same from Dec. 2023 ($780.40 Mil) to Mar. 2024 ($275.80 Mil).

Vertiv Holdings Co's annual cash and cash equivalents declined from Dec. 2021 ($439.10 Mil) to Dec. 2022 ($260.60 Mil) but then increased from Dec. 2022 ($260.60 Mil) to Dec. 2023 ($780.40 Mil).

Vertiv Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Vertiv Holdings Co's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vertiv Holdings Co Cash And Cash Equivalents Chart

Vertiv Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.96

534.60

439.10

260.60

780.40

Vertiv Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															276.10	274.90	500.00	780.40	275.80

Vertiv Holdings Co Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Vertiv Holdings Co (NYSE:VRT) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Vertiv Holdings Co Cash And Cash Equivalents Related Terms

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Vertiv Holdings Co (Vertiv Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vertiv Holdings Co (NYSE:VRT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

49V:Germany 49V:Germany

Address

505 N. Cleveland Ave., Westerville, OH, USA, 43082

Website

https://www.vertiv.com

Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.

Executives

Vpe Holdings, Llc	director, 10 percent owner	360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Scott Cripps	officer: Chief Accounting Officer	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Platinum Equity Partners Iii, Llc	director	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Doherty Philip O'	officer: Managing Director, E+I	1050 DEARBORN DRIVE, COLUMBUS OH 43085
Anders Karlborg	officer: EVP, Man., Logistics and Op Ex	505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Stephen Liang	officer: President of Asia Pacific	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Paul Ryan	officer: Chief Procurement Officer	505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Platinum Equity Partners Iv, L.p.	director, 10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iv, Llc	director, 10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Lim Cheryl H.j.	officer: Chief Human Resources Officer	1050 DEARBORN DRIVE, COLUMBUS OH 43085
Joseph J Deangelo	director	3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Michael J. Kitson	officer: Chief Procurement Officer	1050 DEARBORN DRIVE, COLUMBUS OH 43085
John F. Marion	officer: EVP, Quality, VOS and Process	1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Joseph Fallon	officer: Chief Financial Officer	28213 VAN DYKE AVENUE, WARREN MI 48093