Total debt has surged to $3.5 billion as of 2026Q1, while goodwill concentrations of $3.1 billion represent a significant portion of the $8.2 billion asset base, indicating heightened integration risk.
| Total Current Assets | 3.17B | 3.36B | 3.17B | 2.74B | 2.5B | 2.54B | 2.23B | 1.78B | 1.81B | 1.39B | 1.27B |
| Cash & Short-Term Investments | 438M | 661M | 692M | 636M | 326M | 775M | 517M | 122M | 265M | 56M | 47M |
| Cash Only | 438M | 661M | 692M | 636M | 326M | 775M | 517M | 122M | 265M | 56M | 47M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.11B | 1.07B | 1.02B | 973M | 1B | 876M | 863M | 817M | 821M | 802M | 740M |
| Days Sales Outstanding | 53.56 | 52.41 | 55.23 | 56.9 | 57.41 | 54.69 | 62.12 | 59.78 | 62.08 | 64.78 | 60.63 |
| Inventory | 1.36B | 1.35B | 1.24B | 941M | 975M | 740M | 672M | 671M | 628M | 465M | 435M |
| Days Inventory Outstanding | 87.88 | 91.55 | 92.9 | 75.55 | 77.3 | 63.37 | 65.27 | 66 | 67.38 | 52.99 | 51.38 |
| Other Current Assets | 265M | 270M | 220M | 193M | 199M | 150M | 173M | 175M | 95M | 69M | 50M |
| Total Non-Current Assets | 5.03B | 5.08B | 5.03B | 3.9B | 3.88B | 3.31B | 3.38B | 3.34B | 3.16B | 3.08B | 3.02B |
| Property, Plant & Equipment | 759M | 447M | 410M | 582M | 366M | 287M | 318M | 316M | 300M | 265M | 261M |
| Fixed Asset Turnover | 14.75x | 16.72x | 16.49x | 10.73x | 17.40x | 20.37x | 15.95x | 15.78x | 16.09x | 17.05x | 17.07x |
| Goodwill | 3.1B | 3.1B | 3.07B | 2.71B | 2.72B | 2.66B | 2.69B | 2.64B | 2.63B | 2.65B | 2.59B |
| Intangible Assets | 1.07B | 1.09B | 1.18B | 461M | 475M | 120M | 135M | 127M | 133M | 140M | 139M |
| Long-Term Investments | 1M | 0 | 0 | 10M | 22M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 109M | 437M | 369M | 144M | 320M | 244M | 241M | 258M | 12M | 23M | 22M |
| Total Assets | 8.21B | 8.43B | 8.2B | 6.64B | 6.39B | 5.85B | 5.61B | 5.13B | 4.97B | 4.47B | 4.29B |
| Asset Turnover | 0.91x | 0.89x | 0.82x | 0.94x | 1.00x | 1.00x | 0.90x | 0.97x | 0.97x | 1.01x | 1.04x |
| Asset Growth % | 11.8% | 2.85% | 23.39% | 4.04% | 9.12% | 4.33% | 9.4% | 3.14% | 11.16% | 4.17% | - |
| Total Current Liabilities | 1.53B | 1.75B | 1.79B | 1.52B | 1.55B | 1.49B | 1.54B | 1.49B | 1.49B | 1.15B | 1.08B |
| Accounts Payable | 1.01B | 1.13B | 1.07B | 905M | 894M | 883M | 936M | 920M | 964M | 678M | 641M |
| Days Payables Outstanding | 71.08 | 76.48 | 80.59 | 72.66 | 70.88 | 75.62 | 90.91 | 90.49 | 103.43 | 77.26 | 75.72 |
| Short-Term Debt | 75M | 0 | 0 | 12M | 12M | 10M | 7M | 22M | 22M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 29M | 0 | 0 | 0 | 0 | 0 | 0 | 3M | 3M |
| Other Current Liabilities | 360M | 624M | 243M | 228M | 245M | 208M | 196M | 144M | 132M | 400M | 363M |
| Current Ratio | 2.07x | 1.91x | 1.77x | 1.80x | 1.62x | 1.70x | 1.45x | 1.19x | 1.21x | 1.21x | 1.18x |
| Quick Ratio | 1.19x | 1.14x | 1.08x | 1.18x | 0.99x | 1.21x | 1.01x | 0.75x | 0.79x | 0.81x | 0.77x |
| Cash Conversion Cycle | 70.36 | 67.49 | 67.54 | 59.79 | 63.84 | 42.45 | 36.48 | 35.29 | 26.03 | 40.51 | 36.3 |
| Total Non-Current Liabilities | 3.75B | 3.76B | 3.1B | 2.37B | 2.31B | 2.11B | 2.08B | 2.03B | 1.95B | 723M | 338M |
| Long-Term Debt | 3.17B | 3.17B | 1.98B | 1.4B | 1.4B | 1.22B | 1.16B | 1.16B | 1.18B | 0 | 0 |
| Capital Lease Obligations | 276M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25M | 377M | 70M |
| Other Non-Current Liabilities | 313M | 594M | 1.12B | 975M | 908M | 887M | 924M | 874M | 746M | 343M | 266M |
| Total Liabilities | 5.29B | 5.52B | 4.89B | 3.9B | 3.86B | 3.6B | 3.62B | 3.53B | 3.44B | 1.87B | 1.42B |
| Total Debt | 3.52B | 3.17B | 2.03B | 1.45B | 1.45B | 1.26B | 1.16B | 1.18B | 1.2B | 0 | 0 |
| Net Debt | 3.08B | 2.51B | 1.34B | 811M | 1.13B | 487M | 645M | 1.06B | 936M | -56M | -47M |
| Debt / Equity | 1.20x | 1.09x | 0.61x | 0.53x | 0.57x | 0.56x | 0.58x | 0.74x | 0.78x | - | - |
| Debt / EBITDA | 4.25x | 3.79x | 3.06x | 2.24x | 2.06x | 1.95x | 2.93x | 3.49x | 2.15x | - | - |
| Net Debt / EBITDA | 3.72x | 3.00x | 2.02x | 1.26x | 1.60x | 0.75x | 1.62x | 3.13x | 1.67x | -0.11x | -0.08x |
| Interest Coverage | 3.98x | 4.68x | 3.73x | 5.82x | 8.74x | 8.51x | 2.60x | 2.03x | 6.20x | - | 165.00x |
| Total Equity | 2.92B | 2.92B | 3.31B | 2.75B | 2.53B | 2.25B | 1.99B | 1.6B | 1.53B | 2.6B | 2.87B |
| Equity Growth % | -62.57% | -11.85% | 20.37% | 8.7% | 12.3% | 13% | 24.41% | 4.5% | -41.11% | -9.43% | - |
| Book Value per Share | 18.85 | 19.58 | 22.21 | 18.57 | 16.97 | 15.17 | 15.78 | 13.00 | 12.50 | 21.09 | 23.28 |
| Total Shareholders' Equity | 2.92B | 2.92B | 3.31B | 2.75B | 2.53B | 2.25B | 1.99B | 1.6B | 1.53B | 2.6B | 2.87B |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7B | 3.04B |
| Retained Earnings | 374M | 345M | 907M | 810M | 600M | 317M | 75M | 38M | 2M | 0 | 0 |
| Treasury Stock | -176M | -144M | -111M | -93M | -35M | -21M | -6M | -3M | 0 | 0 | 0 |
| Accumulated OCI | -168M | -157M | -284M | -194M | -212M | -165M | -146M | -194M | -189M | -100M | -169M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Legacy liability debt burden
As reported in recent financial filings, Resideo's total debt has surged from $1.4 billion in 2023Q4 to $3.5 billion by 2026Q1, driving the debt-to-equity ratio to 1.20 and signaling a significant shift toward debt-funded expansion that warrants close monitoring by credit-focused investors.
The rapid increase in leverage appears to be a direct consequence of aggressive M&A activity, specifically the integration of Snap One. This elevated debt load, combined with the company's existing environmental indemnity obligations, may constrain future financial flexibility and increase sensitivity to interest rate volatility.
Based on the provided balance sheet data, goodwill remains a dominant component of total assets at $3.1 billion, representing a substantial portion of the $8.2 billion asset base as of 2026Q1, which suggests that the company's valuation is heavily reliant on the successful integration of past acquisitions.
The persistence of high goodwill levels relative to tangible assets like PPE, which sits at $759 million, indicates that the balance sheet is sensitive to potential impairment charges if acquired businesses fail to meet performance expectations. Investors should monitor whether these intangible assets provide the anticipated synergies or if they represent an overpayment for market share.
According to quarterly balance sheet disclosures, Resideo's cash position has fluctuated significantly, dropping from $661 million in 2025Q4 to $438 million in 2026Q1, while the current ratio remains at 2.07, suggesting a temporary liquidity cushion that may be vulnerable to sudden working capital requirements.
While the current ratio appears healthy on the surface, the volatility in cash balances suggests that the company's liquidity is highly dependent on the timing of operational cash flows and debt service payments. The reliance on external financing to maintain these levels may indicate that internal cash generation is not yet sufficient to support both operations and debt obligations.
As evidenced by the company's historical balance sheets, retained earnings have experienced significant contraction, falling from $907 million in 2024Q4 to $374 million in 2026Q1, which reflects the cumulative impact of net losses and the ongoing financial strain of legacy environmental liabilities.
The decline in retained earnings suggests that the company is struggling to build a permanent equity base through profitable operations. This trend may indicate that shareholder value is being pressured by the combination of operational inefficiencies and the persistent cash outflows required to satisfy long-term environmental commitments.
Quick answers to the most common questions about buying REZI stock.
As of 2025, Resideo Technologies, Inc. (REZI) had total assets of $8.43B including $3.36B in current assets.
Resideo Technologies, Inc. (REZI) carries total debt of $3.17B, offset by $661.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Resideo Technologies, Inc. (REZI) has total shareholders' equity (book value) of $2.92B ($19.58 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Resideo Technologies, Inc. (REZI) reported a current ratio of 1.91x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.