$VRT
Vertiv Holdings Co

2019 Q1 Form 10-Q Financial Statement

#000119312519141423 Filed on May 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $707.6M
YoY Change
Gross Profit -$707.6M
YoY Change
Gross Profit Margin
Selling, General & Admin $286.4M $0.00
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.20M
YoY Change
% of Gross Profit
Operating Expenses $286.4M $0.00
YoY Change
Operating Profit -$994.0M
YoY Change
Interest Expense $77.80M
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$55.80M -$788.00
YoY Change 7081118.27%
Income Tax $18.50M -$192.00
% Of Pretax Income
Net Earnings -$74.30M -$596.00
YoY Change 12466342.95%
Net Earnings / Revenue
Basic Earnings Per Share -$0.63
Diluted Earnings Per Share -$0.63 $0.00
COMMON SHARES
Basic Shares Outstanding 118.3M shares
Diluted Shares Outstanding 118.3M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $600.0K
YoY Change
Cash & Equivalents $122.8M $0.00
Short-Term Investments
Other Short-Term Assets $300.0K $200.0K
YoY Change 50.0%
Inventory
Prepaid Expenses $337.0K
Receivables $0.00
Other Receivables $0.00
Total Short-Term Assets $969.7K $200.0K
YoY Change 384.87%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $698.6M
YoY Change
Other Assets $1.300M
YoY Change
Total Long-Term Assets $699.9M $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $969.7K $200.0K
Total Long-Term Assets $699.9M $0.00
Total Assets $700.9M $200.0K
YoY Change 350338.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $771.8K $0.00
YoY Change
Accrued Expenses $500.0K $200.0K
YoY Change 150.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.122M $200.0K
YoY Change 960.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $24.20M
YoY Change
Total Long-Term Liabilities $24.20M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.122M $200.0K
Total Long-Term Liabilities $24.20M $0.00
Total Liabilities $26.27M $200.0K
YoY Change 13035.79%
SHAREHOLDERS EQUITY
Retained Earnings $4.998M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$607.9M $23.13K
YoY Change
Total Liabilities & Shareholders Equity $700.9M $200.0K
YoY Change 350338.84%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$74.30M -$596.00
YoY Change 12466342.95%
Depreciation, Depletion And Amortization $14.20M
YoY Change
Cash From Operating Activities -$33.70M $0.00
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $10.70M
YoY Change
Acquisitions
YoY Change
Other Investing Activities $3.800M
YoY Change
Cash From Investing Activities -$10.80M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$59.40M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -$33.70M 0.000
Cash From Investing Activities -$10.80M
Cash From Financing Activities -$59.40M 0.000
Net Change In Cash -$102.5M 0.000
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$33.70M $0.00
Capital Expenditures $10.70M
Free Cash Flow -$44.40M
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2019Q1 us-gaap Assets
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CY2019Q1 us-gaap Preferred Stock Value
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CY2019Q1 us-gaap Commitments And Contingencies
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CY2018Q4 us-gaap Liabilities Current
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CY2018Q4 us-gaap Liabilities
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CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018Q1 us-gaap General And Administrative Expense
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CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2018Q1 us-gaap Profit Loss
ProfitLoss
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CY2018Q1 us-gaap Revenues
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CY2019Q1 dei Amendment Flag
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CY2019Q1 us-gaap Common Stock Voting Rights
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CY2019Q1 us-gaap Concentration Risk Credit Risk
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <i>Concentration of Credit Risk</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> </div>
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q1 us-gaap Cost Of Trust Assets Sold To Pay Expenses
CostOfTrustAssetsSoldToPayExpenses
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CY2019Q1 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
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CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001674101
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
GS ACQUISITION HOLDINGS CORP
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
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CY2019Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
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CY2019Q1 dei Entity Filer Category
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CY2019Q1 us-gaap General And Administrative Expense
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CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019Q1 us-gaap Increase Decrease In Dividends Receivable
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CY2019Q1 us-gaap Increase Decrease In Prepaid Expense
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CY2019Q1 us-gaap Investment Income Dividend
InvestmentIncomeDividend
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3478760
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2694579
CY2019Q1 us-gaap Payments For Deposits
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CY2019Q1 us-gaap Proceeds From Issuance Initial Public Offering
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CY2019Q1 us-gaap Profit Loss
ProfitLoss
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CY2019Q1 dei Trading Symbol
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CY2019Q1 gsah Payment Of Underwriting Discounts
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CY2019Q1 gsah Period From Closing Of Public Offering To Complete Business Combination
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1.00 pure
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3575816

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