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Belden BDC
$ 103.03 -2.4%
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Annual report 2025
added 02-17-2026

Belden Balance Sheet 2025-2011 | BDC

Brief overview of Belden 's financial position

The balance sheet is assessed across five available annual reports spanning 2015 to 2019.

Assets shifted from $3.3 billion to $3.4 billion, leaving five-period growth close to stagnation.

Asset growth of +2.7% was close to the -2% change in liabilities, leaving the funding profile broadly stable.

Equity represents 28.2% of assets versus 24.9% initially. The capital structure appears balanced.

Net debt to equity stands at 1.15x; debt servicing is an important part of overall resilience.

The cash share moved from 6.5% to 12%. A higher figure generally provides more room in an adverse scenario.

Retained earnings are $518 million versus $679.7 million initially. The direction shows how results contributed to equity.

Overall picture

Belden 's balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet Belden

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

916 M 779 M 625 M 490 M 835 M 1.09 B 1.1 B 1.04 B 1 B 772 M 1.54 B 1.03 B 754 M 756 M 168 M

Long Term Debt

1.29 B 1.13 B 1.2 B 1.16 B 1.46 B 1.57 B 1.44 B 1.46 B 1.56 B 1.62 B 1.75 B 1.77 B 1.36 B 1.14 B 551 M

Long Term Debt Current

20.2 M 19.4 M 18.2 M 16.4 M 16.4 M 14.7 M 13.9 M - - - 2.5 M 2.5 M 2.5 M 15.7 M -

Total Non Current Liabilities

- - - - - - 1.72 B 1.67 B 1.73 B 1.78 B 1.94 B 1.93 B 1.51 B 1.32 B 712 M

Total Current Liabilities

697 M 623 M 634 M 640 M 753 M 521 M 723 M 717 M 679 M 570 M 549 M 523 M 402 M 452 M 382 M

Total Liabilities

- - - - - - 2.44 B 2.39 B 2.41 B 2.35 B 2.49 B 2.46 B 1.92 B 1.77 B 1.09 B

Deferred Revenue

40.2 M 29.8 M 23.7 M 26.2 M 12.3 M 53.4 M 54.3 M 101 M 90.6 M 80.5 M 101 M 45.1 M 31.4 M - -

Retained Earnings

1.41 B 1.18 B 986 M 752 M 506 M 451 M 518 M 922 M 834 M 784 M 680 M 622 M 556 M 462 M 276 M

Total Assets

3.54 B 3.33 B 3.24 B 3.16 B 3.42 B 3.14 B 3.41 B 3.78 B 3.84 B 3.81 B 3.32 B 3.26 B 2.75 B 2.58 B 1.79 B

Cash and Cash Equivalents

390 M 370 M 597 M 688 M 642 M 501 M 407 M 407 M 561 M 848 M 217 M 741 M 613 M 395 M 383 M

Book Value

3.54 B 3.33 B 3.24 B 3.16 B 3.42 B 3.14 B 966 M 1.39 B 1.43 B 1.46 B 826 M 807 M 837 M 812 M 695 M

Total Shareholders Equity

1.26 B 1.29 B 1.17 B 1.14 B 956 M 757 M 960 M 1.39 B 1.43 B 1.46 B 824 M 807 M 837 M 812 M 695 M

All numbers in USD currency

Quarterly Balance Sheet Belden

2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

1.27 B 1.18 B 1.22 B 1.16 B 1.18 B 1.15 B 1.19 B 1.18 B 1.16 B 1.05 B 1.14 B 1.21 B 1.46 B 1.49 B 1.53 B 1.51 B 1.57 B 1.57 B 1.57 B 1.57 B 1.44 B 1.44 B 1.44 B 1.44 B 1.46 B 1.46 B 1.46 B 1.46 B 1.56 B 1.56 B 1.56 B 1.56 B 1.62 B 1.62 B 1.62 B 1.62 B 1.73 B 1.73 B 1.73 B 1.73 B 1.74 B 1.77 B 1.77 B 1.77 B 1.36 B 1.36 B 1.36 B 1.36 B 1.14 B 1.14 B 1.14 B 1.14 B 551 M 551 M 551 M 551 M

Deferred Revenue

33.6 M 32.5 M 21.9 M 22.1 M 22.4 M 21.5 M 22.7 M 22.6 M - 21.6 M 19.8 M 23.9 M 60.9 M 53.9 M 57.3 M 58 M 53.4 M 46.1 M 49.9 M 51 M 54.3 M 86.5 M 94.2 M 92.5 M 101 M 78.5 M 84.7 M - 90.6 M - - - 80.5 M - - - 101 M - - - 45.1 M - - - 31.4 M - - - 12.2 M - - - - - - -

Retained Earnings

1.28 B 1.23 B 1.12 B 1.07 B 1.02 B 949 M 879 M 813 M 752 M 692 M 596 M 539 M 506 M 558 M 519 M 477 M 451 M 451 M 451 M 451 M 518 M 518 M 518 M 936 M 922 M 922 M 922 M 922 M 834 M 834 M 834 M 834 M 784 M 784 M 784 M 784 M 680 M 680 M 680 M 680 M 622 M 622 M 622 M 622 M 556 M 556 M 556 M 556 M 462 M 462 M 462 M 462 M 276 M 276 M 276 M 276 M

Total Assets

3.4 B 3.27 B 3.34 B 3.52 B 3.12 B 3.13 B 3.15 B 3.07 B 3.16 B 2.96 B 3.03 B 3 B 3.42 B 3.34 B 3.27 B 3.15 B 3.14 B 3.14 B 3.14 B 3.14 B 3.41 B 3.41 B 3.41 B 3.76 B 3.78 B 3.78 B 3.78 B 3.78 B 3.84 B 3.84 B 3.84 B 3.84 B 3.81 B 3.81 B 3.81 B 3.81 B 3.29 B 3.29 B 3.29 B 3.29 B 3.23 B 3.26 B 3.26 B 3.26 B 2.73 B 2.75 B 2.75 B 2.75 B 2.58 B 2.58 B 2.58 B 2.58 B 1.79 B 1.79 B 1.79 B 1.79 B

Cash and Cash Equivalents

301 M 259 M 323 M 565 M 507 M 531 M 515 M 589 M 688 M 547 M 528 M 560 M 642 M 458 M 423 M 371 M 502 M 502 M 502 M 502 M 407 M 407 M 407 M 339 M 407 M 421 M 421 M 421 M 541 M 561 M 561 M 561 M 848 M 848 M 848 M 848 M 217 M 217 M 217 M 217 M 741 M 741 M 741 M 741 M 613 M 613 M 613 M 613 M 395 M 395 M 395 M 395 M 383 M 383 M 383 M 383 M

Book Value

3.4 B 3.27 B 3.34 B 3.52 B 3.12 B 3.13 B 3.15 B 3.07 B 3.16 B 2.96 B 3.03 B 3 B 3.42 B 3.34 B 3.27 B 3.15 B 3.14 B 3.14 B 3.14 B 3.14 B 3.41 B 3.41 B 3.41 B 3.76 B 3.78 B 3.78 B 3.78 B 3.78 B 3.84 B 3.84 B 3.84 B 3.84 B 3.81 B 3.81 B 3.81 B 3.81 B 3.29 B 3.29 B 3.29 B 3.29 B 3.23 B 3.26 B 3.26 B 3.26 B 2.73 B 2.75 B 2.75 B 2.75 B 2.58 B 2.58 B 2.58 B 2.58 B 1.79 B 1.79 B 1.79 B 1.79 B

Total Shareholders Equity

1.23 B 1.22 B 1.24 B 1.22 B 1.16 B 1.2 B 1.16 B 1.13 B 1.14 B 1.13 B 1.05 B 948 M 955 M 946 M 874 M 845 M 757 M 751 M 751 M 751 M 960 M 960 M 960 M 1.43 B 1.39 B 1.39 B 1.39 B 1.39 B 1.43 B 1.43 B 1.43 B 1.43 B 1.46 B 1.46 B 1.46 B 1.46 B 824 M 824 M 824 M 824 M 807 M 807 M 807 M 807 M 837 M 837 M 837 M 837 M 812 M 812 M 812 M 812 M 695 M 695 M 695 M 695 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Belden , providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Electrical equipment

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Espey Mfg. & Electronics Corp. Espey Mfg. & Electronics Corp.
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KE
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ТАНТАЛ ТАНТАЛ
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Preformed Line Products Company Preformed Line Products Company
PLPC
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POLA
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Pioneer Power Solutions Pioneer Power Solutions
PPSI
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Ault Global Holdings, Inc. Ault Global Holdings, Inc.
DPW
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EAF
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CBAK Energy Technology CBAK Energy Technology
CBAT
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Acuity Brands Acuity Brands
AYI
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ENR
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APWC
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ENS
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SVT
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WIRE
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EOSE
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PLUG
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BMI
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BE
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