Vertiv Holdings Co (FRA:49V) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Vertiv Holdings Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Vertiv Holdings Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Vertiv Holdings Co's long-term debt to total assets ratio declined from Dec. 2023 (0.38) to Dec. 2024 (0.34). It may suggest that Vertiv Holdings Co is progressively becoming less dependent on debt to grow their business.

Vertiv Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vertiv Holdings Co's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Vertiv Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.42

0.44

0.47

0.38

0.34

Vertiv Holdings Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.40	0.38	0.35	0.34

Vertiv Holdings Co LT-Debt-to-Total-Asset Calculation

Vertiv Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	2940.063	/	8721.538
	=	0.34

Vertiv Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2940.063	/	8721.538
	=	0.34

Vertiv Holdings Co (FRA:49V) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Vertiv Holdings Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Vertiv Holdings Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Vertiv Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vertiv Holdings Co (FRA:49V) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VRT:USA

Address

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

Website

https://www.vertiv.com

Vertiv has roots tracing back to 1946 when its founder, Ralph Liebert, developed an air-cooling system for mainframe data rooms. As computers started making their way into commercial applications in 1965, Liebert developed one of the first computer room air conditioning, or CRAC, units, enabling the precise control of temperature and humidity. The firm has slowly expanded its data center portfolio through internal product development and the acquisition of thermal and power management products like condensers, busways, and switches. Vertiv has global operations today; its products can be found in data centers in most regions throughout the world.

Vertiv Holdings Co Headlines

No Headlines