The company maintains a consistent $1.4 billion total debt position, resulting in a 1.05 debt-to-equity ratio, though goodwill represents a substantial 29% of the $3.5 billion total asset base.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Jul'03 | Jul'02 | Jul'01 | Jul'00 | Jul'99 | Jul'98 | Jul'97 | Jul'96 |
|---|
| Total Current Assets | 1.28B | 1.35B | 1.2B | 1.46B | 1.54B | 1.88B | 1.1B | 1.38B | 1.26B | 1.36B | 1.48B | 843.16M | 1.41B | 1.19B | 959.58M | 925.42M | 860.86M | 764.32M | 793.1M | 836.58M | 719.44M | 630.78M | 649.32M | 260.28M | 272.4M | 298.08M | 326.16M | 306M | 276.5M | 247.5M | 208.5M |
| Cash & Short-Term Investments | 272.15M | 389.89M | 370.3M | 597.04M | 687.68M | 641.56M | 501.99M | 407.48M | 420.61M | 561.11M | 848.12M | 216.75M | 741.16M | 613.3M | 395.1M | 382.72M | 358.65M | 308.88M | 227.41M | 159.96M | 254.15M | 134.64M | 188.8M | 32.7M | 16.75M | 14.63M | 16.45M | 11.4M | 11.1M | 9M | 16.1M |
| Cash Only | 272.15M | 389.89M | 370.3M | 597.04M | 687.68M | 641.56M | 501.99M | 407.48M | 420.61M | 561.11M | 848.12M | 216.75M | 741.16M | 613.3M | 395.1M | 382.72M | 358.65M | 308.88M | 227.41M | 159.96M | 254.15M | 134.64M | 188.8M | 32.7M | 16.75M | 14.63M | 16.45M | 11.4M | 11.1M | 9M | 16.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 499.09M | 462.85M | 409.71M | 413.81M | 440.1M | 383.44M | 296.82M | 334.63M | 335.96M | 473.57M | 388.06M | 387.39M | 379.78M | 304.2M | 300.86M | 299.07M | 298.27M | 242.15M | 292.24M | 373.11M | 217.91M | 198.11M | 174.55M | 79.12M | 83.62M | 99.24M | 145.72M | 130.9M | 117.3M | 112.1M | 96.5M |
| Days Sales Outstanding | 61.49 | 62.22 | 60.77 | 60.13 | 61.63 | 60.82 | 61.83 | 57.31 | 56.62 | 82.82 | 60.1 | 61.23 | 60.05 | 53.66 | 59.66 | 58 | 70.54 | 64.89 | 53.18 | 66.99 | 53.17 | 58.05 | 73.68 | 59.59 | 55.12 | 47.46 | 66.66 | 69.85 | 65.7 | 79.14 | 98.55 |
| Inventory | 423.12M | 402.35M | 343.1M | 366.99M | 341.56M | 345.2M | 247.3M | 231.33M | 316.42M | 297.23M | 190.41M | 195.94M | 228.4M | 207.98M | 215.28M | 202.14M | 175.66M | 151.26M | 216.02M | 257.54M | 202.25M | 261.96M | 227.03M | 111.59M | 137.12M | 158.41M | 145.01M | 141.8M | 130.3M | 121M | 90.6M |
| Days Inventory Outstanding | 81.96 | 84.55 | 81.38 | 86.02 | 73.76 | 82.38 | 76.72 | 63.12 | 86.46 | 84.43 | 50.53 | 51.41 | 55.99 | 55.62 | 61.67 | 55.03 | 58.47 | 56.67 | 54.67 | 63.88 | 63.5 | 98.75 | 122.81 | 109.87 | 120.57 | 105.43 | 97.56 | 112.37 | 107.19 | 126.08 | 138.08 |
| Other Current Assets | 85.52M | 94.3M | 73.12M | 79.14M | 66.87M | 507.44M | 52.29M | 404.31M | 250.31M | 40.17M | 52.37M | 37.08M | 42.66M | 70.01M | 48.34M | 41.49M | 28.28M | 62.03M | 57.43M | 45.97M | 45.13M | 36.07M | 47.37M | 21.26M | 42.94M | 12.18M | 18.97M | 21.9M | 17.8M | 5.4M | 5.3M |
| Total Non-Current Assets | 2.18B | 2.19B | 2.13B | 1.78B | 1.63B | 1.54B | 2.04B | 2.03B | 2.52B | 2.47B | 2.33B | 2.47B | 1.85B | 1.56B | 1.63B | 862.7M | 835.63M | 856.26M | 855.46M | 1.23B | 636.53M | 655.3M | 746.12M | 232.67M | 313.39M | 286.32M | 289.19M | 289.1M | 227.1M | 182M | 111.6M |
| Property, Plant & Equipment | 675.14M | 679.05M | 614.18M | 545.97M | 455.24M | 419.13M | 423.41M | 408.17M | 365.97M | 337.32M | 309.29M | 310.63M | 316.38M | 300.83M | 307.05M | 286.93M | 278.87M | 299.59M | 324.57M | 369.8M | 272.29M | 304.34M | 338.25M | 204.74M | 239.73M | 218.99M | 205.88M | 201.5M | 160.9M | 127.6M | 89.5M |
| Fixed Asset Turnover | 4.22x | 4.00x | 4.01x | 4.60x | 5.73x | 5.49x | 4.14x | 5.22x | 5.92x | 6.19x | 7.62x | 7.43x | 7.30x | 6.88x | 5.99x | 6.56x | 5.53x | 4.55x | 6.18x | 5.50x | 5.49x | 4.09x | 2.56x | 2.37x | 2.31x | 3.49x | 3.88x | 3.39x | 4.05x | 4.05x | 3.99x |
| Goodwill | 1.03B | 1.04B | 1.02B | 907.33M | 862.25M | 821.45M | 1.25B | 1.24B | 1.56B | 1.48B | 1.39B | 1.39B | 943.37M | 775.43M | 778.71M | 348.03M | 322.56M | 313.03M | 321.48M | 648.88M | 275.13M | 272.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 392.43M | 399.8M | 419.07M | 269.14M | 246.83M | 238.16M | 287.07M | 339.5M | 511.09M | 545.21M | 560.08M | 655.87M | 461.29M | 376.98M | 428.27M | 151.68M | 143.82M | 143.01M | 156.03M | 154.79M | 70.96M | 72.46M | 364.43M | 14.72M | 69.22M | 63.84M | 80.79M | 85M | 64.4M | 53.1M | 21M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.5M | 33.4M | 38.3M | 35.4M | 0 | 0 | 0 | -22.61M | 6.51M | -34.66M | -27.84M | 0 | -14.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 63.83M | 64.06M | 63.43M | 45.03M | 46.5M | 29.56M | 49.38M | 12.45M | 29.86M | 65.21M | 38.78M | 57.27M | 53.57M | 41.06M | 28.6M | 63.83M | 62.82M | 63.43M | 53.39M | 58.8M | 18.15M | 6.21M | 43.44M | 13.21M | 4.44M | 3.49M | 2.52M | 2.6M | 1.8M | 1.3M | 1.1M |
| Total Assets | 3.46B | 3.54B | 3.33B | 3.24B | 3.16B | 3.42B | 3.14B | 3.41B | 3.78B | 3.83B | 3.81B | 3.32B | 3.26B | 2.76B | 2.58B | 1.79B | 1.7B | 1.62B | 1.65B | 2.07B | 1.36B | 1.29B | 1.4B | 492.95M | 585.79M | 584.4M | 615.35M | 595.1M | 503.6M | 429.5M | 320.1M |
| Asset Turnover | 0.81x | 0.77x | 0.74x | 0.78x | 0.82x | 0.67x | 0.56x | 0.63x | 0.57x | 0.54x | 0.62x | 0.70x | 0.71x | 0.75x | 0.71x | 1.05x | 0.91x | 0.84x | 1.22x | 0.98x | 1.10x | 0.97x | 0.62x | 0.98x | 0.95x | 1.31x | 1.30x | 1.15x | 1.29x | 1.20x | 1.12x |
| Asset Growth % | 13.78% | 6.48% | 2.71% | 2.48% | -7.49% | 8.85% | -7.84% | -9.86% | -1.41% | 0.7% | 14.81% | 1.62% | 18.38% | 6.65% | 44.54% | 5.4% | 4.68% | -1.7% | -20.32% | 52.57% | 5.43% | -7.84% | 183.08% | -15.85% | 0.24% | -5.03% | 3.4% | 18.17% | 17.25% | 34.18% | 173.59% |
| Total Current Liabilities | 613.63M | 697.5M | 622.7M | 633.5M | 639.92M | 752.87M | 520.76M | 722.54M | 716.92M | 671.68M | 570.28M | 549.26M | 525.36M | 399.71M | 452.48M | 381.57M | 357.92M | 311.69M | 341.55M | 460.05M | 262.01M | 268.42M | 218.27M | 73.15M | 72.69M | 199.56M | 109.45M | 142.2M | 101.9M | 85.5M | 72.7M |
| Accounts Payable | 326.93M | 361.43M | 315.72M | 343.21M | 350.06M | 377.76M | 244.12M | 268.47M | 297.5M | 376.28M | 258.2M | 223.51M | 272.44M | 199.9M | 183.67M | 227.57M | 212.08M | 166.72M | 160.74M | 190.02M | 88.56M | 100.73M | 77.59M | 28.08M | 26.57M | 26.82M | 48M | 38.5M | 45.7M | 41.4M | 31.3M |
| Days Payables Outstanding | 66.31 | 75.95 | 74.89 | 80.45 | 75.6 | 90.15 | 75.73 | 73.25 | 81.29 | 106.89 | 68.52 | 58.65 | 66.79 | 53.46 | 52.62 | 61.96 | 70.59 | 62.46 | 40.68 | 47.13 | 27.8 | 37.97 | 41.97 | 27.65 | 23.36 | 17.85 | 32.29 | 30.51 | 37.59 | 43.14 | 47.7 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5M | 2.5M | 2.5M | 15.68M | 0 | 0 | 46.27M | 0 | 110M | 62M | 59M | 15.7M | 1.96M | 2.99M | 124.26M | 9.47M | 46.9M | 19.7M | 10.2M | 7.5M |
| Deferred Revenue (Current) | 0 | 0 | 29.78M | 23.72M | 26.21M | 12.26M | 53.37M | 54.26M | 101.19M | 90.64M | 80.5M | 101.46M | 45.14M | 31.37M | 166.27M | 0 | 0 | -46.27M | 0 | 0 | 0 | 97.71M | 0 | 42.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 286.7M | 0 | 26.1M | 148.26M | 26.42M | 122.09M | 27.71M | 309.01M | 292.49M | 128.97M | 131.02M | 107.92M | 25.16M | 99.56M | 186.58M | 95.81M | 88.32M | -18.51M | 0 | 0 | 0 | 74.16M | 17.53M | 892K | 0 | 0 | 51.99M | 56.8M | 36.5M | 33.9M | 33.9M |
| Current Ratio | 2.09x | 1.93x | 1.92x | 2.30x | 2.40x | 2.49x | 2.11x | 1.91x | 1.76x | 2.03x | 2.59x | 1.54x | 2.69x | 2.98x | 2.12x | 2.43x | 2.41x | 2.45x | 2.32x | 1.82x | 2.75x | 2.35x | 2.97x | 3.56x | 3.75x | 1.49x | 2.98x | 2.15x | 2.71x | 2.89x | 2.87x |
| Quick Ratio | 1.40x | 1.36x | 1.37x | 1.72x | 1.87x | 2.04x | 1.63x | 1.59x | 1.31x | 1.59x | 2.26x | 1.18x | 2.26x | 2.46x | 1.64x | 1.90x | 1.91x | 1.97x | 1.69x | 1.26x | 1.97x | 1.37x | 1.93x | 2.03x | 1.86x | 0.70x | 1.66x | 1.15x | 1.43x | 1.48x | 1.62x |
| Cash Conversion Cycle | 77.15 | 70.82 | 67.26 | 65.7 | 59.8 | 53.05 | 62.82 | 47.18 | 61.79 | 60.36 | 42.11 | 54 | 49.26 | 55.82 | 68.71 | 51.07 | 58.41 | 59.1 | 67.17 | 83.74 | 88.87 | 118.82 | 154.52 | 141.81 | 152.32 | 135.04 | 131.94 | 151.71 | 135.29 | 162.08 | 188.93 |
| Total Non-Current Liabilities | 1.56B | 1.58B | 1.41B | 1.44B | 1.38B | 1.71B | 1.86B | 1.72B | 1.67B | 1.73B | 1.78B | 1.94B | 1.93B | 1.52B | 1.32B | 712M | 700.04M | 757.85M | 736.15M | 536.14M | 250.06M | 296.24M | 357.93M | 136.9M | 151.63M | 40.86M | 185.74M | 198.3M | 156.8M | 138.9M | 81.9M |
| Long-Term Debt | 1.26B | 1.38B | 1.13B | 1.2B | 1.16B | 1.46B | 1.57B | 1.44B | 1.46B | 1.56B | 1.62B | 1.73B | 1.77B | 1.36B | 1.14B | 550.93M | 551.15M | 543.94M | 590M | 350M | 110M | 172.05M | 232.82M | 112.73M | 108.91M | 5.41M | 153.34M | 171.7M | 136.1M | 126.7M | 73.1M |
| Capital Lease Obligations | 372.48M | 94.37M | 100.05M | 74.94M | 59.25M | 61.97M | 46.4M | 55.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -120.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 264M | 98.06M | 77.33M | 49.47M | 58.58M | 51.11M | 38.4M | 48.73M | 39.94M | 27.71M | 14.28M | 46.03M | 0 | 0 | 0 | 0 | 0 | 0 | 4.27M | 78.14M | 71.4M | 73.85M | 68.16M | 424K | 28.17M | 23.73M | 23.41M | 18.6M | 14.4M | 6.6M | 4.1M |
| Other Non-Current Liabilities | 100.1M | 9.23M | 103.02M | 111.76M | 98.8M | 135.66M | 165M | 125.81M | 211.61M | 138.36M | 140.77M | 144.5M | 165.05M | 149.11M | 184.71M | 161.08M | 148.89M | 167.63M | 21.62M | 108M | 68.66M | 50.33M | 56.95M | 23.74M | 14.54M | 11.72M | 9M | 8M | 6.3M | 5.6M | 4.7M |
| Total Liabilities | 2.18B | 2.28B | 2.03B | 2.07B | 2.02B | 2.46B | 2.38B | 2.44B | 2.39B | 2.4B | 2.35B | 2.49B | 2.46B | 1.92B | 1.77B | 1.09B | 1.06B | 1.07B | 1.08B | 996.19M | 512.07M | 564.65M | 576.2M | 210.05M | 224.32M | 240.42M | 295.19M | 340.5M | 258.7M | 224.4M | 154.6M |
| Total Debt | 1.35B | 1.47B | 1.25B | 1.3B | 1.24B | 1.54B | 1.63B | 1.51B | 1.46B | 1.56B | 1.62B | 1.75B | 1.77B | 1.37B | 1.15B | 550.93M | 551.15M | 590.21M | 590M | 460M | 172M | 231.05M | 248.53M | 114.69M | 111.9M | 129.67M | 162.8M | 218.6M | 155.8M | 136.9M | 80.6M |
| Net Debt | 1.08B | 1.08B | 880.93M | 701.05M | 549.58M | 896.91M | 1.13B | 1.1B | 1.04B | 999.64M | 772.04M | 1.54B | 1.03B | 753.73M | 756.11M | 168.21M | 192.5M | 281.33M | 362.59M | 300.04M | -82.15M | 96.41M | 59.73M | 81.99M | 95.14M | 115.04M | 146.35M | 207.2M | 144.7M | 127.9M | 64.5M |
| Debt / Equity | 1.05x | 1.17x | 0.97x | 1.11x | 1.08x | 1.61x | 2.16x | 1.56x | 1.05x | 1.09x | 1.11x | 2.12x | 2.19x | 1.63x | 1.42x | 0.79x | 0.86x | 1.07x | 1.03x | 0.43x | 0.20x | 0.32x | 0.30x | 0.41x | 0.31x | 0.38x | 0.51x | 0.86x | 0.64x | 0.67x | 0.49x |
| Debt / EBITDA | 2.84x | 3.20x | 3.27x | 3.11x | 2.74x | 4.37x | 6.32x | 4.36x | 3.16x | 4.07x | 4.29x | 6.03x | 6.66x | 4.62x | 6.86x | 2.56x | 3.21x | 6.40x | - | 1.69x | 1.09x | 2.12x | 3.70x | 4.69x | 2.81x | 1.67x | 1.31x | 2.10x | 1.66x | 1.89x | 1.48x |
| Net Debt / EBITDA | 2.27x | 2.35x | 2.30x | 1.68x | 1.22x | 2.55x | 4.38x | 3.18x | 2.25x | 2.61x | 2.04x | 5.28x | 3.87x | 2.55x | 4.50x | 0.78x | 1.12x | 3.05x | - | 1.10x | -0.52x | 0.88x | 0.89x | 3.35x | 2.39x | 1.48x | 1.17x | 1.99x | 1.55x | 1.76x | 1.19x |
| Interest Coverage | 6.89x | 7.16x | 6.95x | 9.50x | 8.29x | 4.62x | 2.54x | 3.73x | 4.78x | 2.19x | 2.33x | 1.40x | 2.00x | 2.75x | 1.10x | 3.45x | 2.39x | 0.85x | -8.72x | 8.33x | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.28B | 1.26B | 1.29B | 1.17B | 1.14B | 956.08M | 757.05M | 965.82M | 1.39B | 1.43B | 1.46B | 825.52M | 807.19M | 836.54M | 811.86M | 694.55M | 638.51M | 551.05M | 570.87M | 1.07B | 843.9M | 721.42M | 819.24M | 282.9M | 361.47M | 343.98M | 320.16M | 254.6M | 244.9M | 205.1M | 165.5M |
| Equity Growth % | 4.36% | -2.34% | 11.01% | 1.95% | 19.65% | 26.29% | -21.62% | -30.4% | -3.29% | -1.81% | 77.02% | 2.27% | -3.51% | 3.04% | 16.89% | 8.78% | 15.87% | -3.47% | -46.78% | 27.11% | 16.98% | -11.94% | 189.58% | -21.73% | 5.08% | 7.44% | 25.75% | 3.96% | 19.41% | 23.93% | 418.81% |
| Book Value per Share | 32.57 | 31.45 | 31.35 | 27.21 | 25.69 | 21.08 | 16.91 | 22.89 | 33.88 | 33.65 | 34.34 | 19.22 | 18.35 | 18.70 | 17.67 | 14.44 | 13.36 | 11.83 | 12.77 | 21.19 | 16.79 | 13.84 | 21.16 | 12.76 | 16.20 | 15.31 | 14.52 | 11.70 | 10.43 | 8.89 | 8.00 |
| Total Shareholders' Equity | 1.28B | 1.26B | 1.29B | 1.17B | 1.14B | 955.29M | 750.58M | 959.85M | 1.39B | 1.43B | 1.46B | 824.1M | 807.19M | 836.54M | 811.86M | 694.55M | 638.51M | 551.05M | 570.87M | 1.07B | 843.9M | 713.51M | 810M | 275.88M | 356.9M | 340.93M | 316.54M | 252.1M | 244.9M | 205.1M | 165.5M |
| Common Stock | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 503K | 502K | 484K | 481K | 477K | 316K | 300K | 0 | 0 | 0 |
| Retained Earnings | 1.45B | 1.41B | 1.18B | 985.81M | 751.52M | 505.72M | 450.88M | 518M | 922M | 833.61M | 783.81M | 679.72M | 621.9M | 556.21M | 461.76M | 276.36M | 171.57M | 72.63M | 108.68M | 478.78M | 348.07M | 290.87M | 252.65M | 138.48M | 210.05M | 206.46M | 183.17M | 128.3M | 88.6M | 100.9M | 64.8M |
| Treasury Stock | -939.15M | -911.9M | -718.03M | -597.44M | -428.81M | -313.99M | -332.55M | -307.2M | -599.85M | -425.69M | -401.03M | -402.79M | -364.57M | -276.75M | -218.01M | -161.09M | -120.16M | -128.61M | -132.51M | -138.5M | -111.1M | -111.08M | 0 | -65.19M | -45.19M | -45.72M | -48.41M | -49.3M | -4.3M | 0 | 0 |
| Accumulated OCI | -95.72M | -97.2M | -3.53M | -41.28M | -5.87M | -70.57M | -191.85M | -63.42M | -74.91M | -98.03M | -39.07M | -58.99M | -46.03M | -29.18M | -30.57M | -22.71M | -8.92M | 14.61M | 10.23M | 93.2M | 15.01M | -7.22M | 20.59M | -441K | -9.16M | -18.35M | -11.48M | -6.2M | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 45K | 939K | 795K | 6.47M | 5.97M | 441K | 631K | 1M | 1.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.91M | 9.24M | 7.03M | 4.57M | 3.05M | 3.62M | 2.5M | 0 | 0 | 0 |
Working capital volatility
According to the provided quarterly balance sheets, Belden has maintained a relatively stable total asset base of approximately $3.5 billion as of 2026Q1, suggesting that the company's underlying capital structure remains consistent despite the significant cyclical fluctuations observed in its recent revenue and cash flow performance.
The stability in total assets indicates that management has avoided aggressive balance sheet expansion during periods of top-line volatility. This suggests a disciplined approach to capital deployment, though investors should monitor whether this stagnation in asset growth reflects a lack of reinvestment opportunities or a strategic focus on optimizing existing infrastructure.
Based on reported financial statements, Belden's total debt has remained remarkably steady at $1.4 billion through 2026Q1, resulting in a debt-to-equity ratio of 1.05, which appears to be a strategic choice to maintain leverage within a manageable range despite the company's inherent exposure to industrial demand cycles.
The consistency of the debt load suggests that the company is not relying on incremental borrowing to fund working capital gaps or share repurchases. This disciplined leverage profile provides a degree of protection against interest rate sensitivity, though the reliance on debt to support the current capital structure warrants ongoing scrutiny if cash flow generation remains inconsistent.
As reported in recent filings, Belden's current ratio has remained consistently above 1.90 over the last several quarters, reaching 2.09 in 2026Q1, which provides a sufficient liquidity buffer to navigate the significant working capital swings and operational cash flow volatility inherent in its industrial business model.
The maintenance of a current ratio above 2.0 suggests that the company is well-positioned to meet its short-term obligations without needing to tap into external financing. However, the sharp decline in cash balances from $597 million in 2023Q4 to $272.2 million in 2026Q1 suggests that liquidity is being consumed by operational needs or capital returns, which may limit future flexibility.
Based on the provided balance sheet data, goodwill has remained a significant component of total assets at $1.0 billion as of 2026Q1, representing nearly 29% of the total asset base, which introduces a non-obvious risk of potential impairment if the company's recent acquisitions fail to deliver expected synergies.
The high concentration of goodwill relative to equity suggests that the company's book value is heavily dependent on the successful integration of past M&A activity. Investors should be wary that any sustained downturn in the industrial sector could trigger impairment charges, which would negatively impact the reported equity position and potentially distort leverage metrics.
Quick answers to the most common questions about buying BDC stock.
As of 2025, Belden Inc. (BDC) had total assets of $3.54B including $1.35B in current assets.
Belden Inc. (BDC) carries total debt of $1.47B, offset by $389.9M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Belden Inc. (BDC) has total shareholders' equity (book value) of $1.26B ($31.45 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Belden Inc. (BDC) reported a current ratio of 1.93x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.