Ralliant Corporation (RAL) Balance Sheet
RAL balance sheet, 2025
December 31, 2025 · U.S. dollars$3.82B assets = $2.19B liabilities + $1.63B equity
Both columns are drawn to the same scale: what RAL owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RAL financial health
Descriptive bands, not a rating. Fiscal 2025.
RAL balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.06B2023 | $3.82B2025 | +11.7%/yr | |
| Total liabilities | $800.2M2023 | $2.19B2025 | +65.3%/yr | |
| Shareholders’ equity | $2.26B2023 | $1.63B2025 | −15.0%/yr | |
| Cash & short-term investments | $02024 | $318.8M2025 | — | |
| Total debt | $47.1M2023 | $1.15B2025 | +393.9%/yr | |
| Net cash (debt) | −$47.1M2023 | −$830.0M2025 | −$782.9M | |
| Working capital | $57.6M2023 | −$183.6M2025 | −$241.2M | |
| Book value per share | $20.062023 | $14.412025 | −15.2%/yr | |
| Current ratio | 1.102023 | 0.842025 | −0.26 | |
| Debt / equity | 0.022023 | 0.702025 | +0.68 | |
| Shares outstanding | 112.7M2023 | 113.4M2025 | +0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RAL assets
RAL liabilities and equity
RAL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RAL balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $318.8M | $0 | — |
| Cash & equivalents | $318.8M | $0 | — |
| Receivables | $285.3M | $293.8M | $296.0M |
| Inventory | $301.6M | $282.9M | $273.3M |
| Other current assets | $70.4M | $41.9M | $43.1M |
| Total current assets | $976.1M | $618.6M | $612.4M |
| Property, plant & equipment (net) | $214.2M | $200.2M | $207.2M |
| Goodwill & intangible assets | $2.47B | $3.75B | $2.11B |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $163.7M | $151.0M | $133.0M |
| Total assets | $3.82B | $4.72B | $3.06B |
| Liabilities | |||
| Accounts payable | $263.7M | $254.6M | $233.2M |
| Short-term debt | $530.4M | $12.0M | $10.8M |
| Deferred revenue | — | $143.1M | $161.1M |
| Total current liabilities | $1.16B | $533.7M | $554.8M |
| Long-term debt | $618.4M | $0 | $0 |
| Lease obligations | $74.2M | $71.7M | $47.1M |
| Other long-term liabilities | $409.2M | $422.9M | $245.4M |
| Total liabilities | $2.19B | $956.6M | $800.2M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $1.1M | — | — |
| Retained earnings (deficit) | −$1.35B | $4.25B | — |
| Accumulated other comprehensive income | −$244.9M | −$491.3M | −$353.2M |
| Total shareholders' equity | $1.63B | $3.76B | $2.26B |
| Key figures | |||
| Total debt | $1.15B | $71.7M | $47.1M |
| Net cash (debt) | −$830.0M | −$71.7M | −$47.1M |
| Working capital | −$183.6M | $84.9M | $57.6M |
| Tangible book value | −$833.3M | $13.2M | $152.4M |
| Book value per share | $14.41 | $33.30 | $20.06 |
| Shares outstanding | 113.4M | 113.0M | 112.7M |
| Current ratio | 0.84 | 1.16 | 1.10 |
| Quick ratio | 0.52 | 0.55 | 0.53 |
| Debt / equity | 0.70 | 0.02 | 0.02 |
| Equity / assets | 42.8% | 79.7% | 73.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $270.9M | $268.0M | $318.8M | $264.2M | $198.6M | $150.0M | $0 |
| Cash & equivalents | $270.9M | $268.0M | $318.8M | $264.2M | $198.6M | $150.0M | $0 |
| Receivables | $291.8M | $277.2M | $285.3M | $309.7M | $289.3M | $292.0M | $293.8M |
| Inventory | $337.0M | $321.3M | $301.6M | $302.7M | $299.4M | $282.7M | $282.9M |
| Other current assets | $72.3M | $63.0M | $70.4M | $100.3M | $59.8M | $47.7M | $41.9M |
| Total current assets | $972.0M | $929.5M | $976.1M | $976.9M | $847.1M | $772.4M | $618.6M |
| Property, plant & equipment (net) | $213.5M | $214.8M | $214.2M | $211.5M | $208.9M | $203.1M | $200.2M |
| Goodwill & intangible assets | $2.35B | $2.38B | $2.47B | $3.93B | $3.96B | $3.82B | $3.75B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $168.5M | $172.7M | $163.7M | $148.6M | $163.1M | $157.7M | $151.0M |
| Total assets | $3.71B | $3.70B | $3.82B | $5.27B | $5.18B | $4.95B | $4.72B |
| Liabilities | |||||||
| Accounts payable | $277.1M | $248.8M | $263.7M | $277.2M | $240.4M | $240.0M | $254.6M |
| Short-term debt | — | — | $530.4M | $0 | $0 | — | $12.0M |
| Deferred revenue | — | — | — | $165.1M | — | — | $143.1M |
| Total current liabilities | $637.9M | $579.0M | $1.16B | $656.6M | $533.2M | $514.0M | $533.7M |
| Long-term debt | $1.15B | $1.15B | $618.4M | $1.15B | $1.15B | $1.15B | $0 |
| Lease obligations | — | — | $74.2M | — | — | — | $71.7M |
| Other long-term liabilities | $385.4M | $404.0M | $0 | $495.7M | $455.5M | $440.6M | $422.9M |
| Total liabilities | $2.17B | $2.13B | $1.78B | $2.30B | $2.14B | $2.10B | $956.6M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $1.1M | $1.1M | — | $1.1M | $1.1M | $1.1M | — |
| Retained earnings (deficit) | −$1.25B | −$1.31B | −$1.35B | $34.3M | — | — | $0 |
| Accumulated other comprehensive income | −$314.5M | −$310.6M | — | −$249.7M | −$237.6M | −$405.3M | −$491.3M |
| Total shareholders' equity | $1.53B | $1.57B | $2.04B | $2.96B | $3.04B | $2.85B | $3.76B |
| Key figures | |||||||
| Total debt | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $1.15B | $71.7M |
| Net cash (debt) | −$877.6M | −$880.3M | −$830.0M | −$884.4M | −$949.9M | −$996.8M | −$71.7M |
| Working capital | $334.1M | $350.5M | −$183.6M | $320.3M | $313.9M | $258.4M | $84.9M |
| Tangible book value | −$817.8M | −$814.3M | −$424.1M | −$963.9M | −$918.1M | −$968.2M | $13.2M |
| Book value per share | $13.62 | $13.83 | $17.99 | $26.14 | $26.97 | $25.22 | $33.30 |
| Shares outstanding | 112.6M | 113.2M | 113.6M | 113.4M | 112.7M | 113.0M | 113.0M |
| Current ratio | 1.52 | 1.61 | 0.84 | 1.49 | 1.59 | 1.50 | 1.16 |
| Quick ratio | 0.88 | 0.94 | 0.52 | 0.87 | 0.92 | 0.86 | 0.55 |
| Debt / equity | 0.75 | 0.73 | 0.56 | 0.39 | 0.38 | 0.40 | 0.02 |
| Equity / assets | 41.4% | 42.3% | 53.5% | 56.3% | 58.7% | 57.6% | 79.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
RAL financial position
At the end of fiscal 2025 (December 31, 2025), Ralliant had total assets of $3.8 billion (down 19.0% from a year earlier), total liabilities of $2.2 billion and shareholders' equity of $1.6 billion. It held $318.8 million in cash and short-term investments against $1.1 billion of debt, net debt of $830.0 million. Its current ratio was 0.84. In the latest quarter (ended June 30, 2026) total assets were $3.7 billion and equity $1.5 billion.
Related: RAL income statement, RAL cash flow statement, RAL key metrics. See the RAL stock overview for the latest quote and news.
RAL balance sheet FAQ
What are Ralliant's total assets?
Ralliant reported total assets of $3.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.7 billion a year earlier.
How much debt does Ralliant have?
Ralliant had $1.1 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.70.
How much cash does Ralliant have?
Ralliant held $318.8 million in cash and short-term investments at the end of fiscal 2025; with $1.1 billion of debt that is net debt of $830.0 million.
What is Ralliant's book value?
Ralliant's shareholders' equity (book value) was $1.6 billion at the end of fiscal 2025, or $14.41 per share.
What is Ralliant's current ratio?
Ralliant had current assets of $976.1 million and current liabilities of $1.2 billion, a current ratio of 0.84 (current liabilities exceed current assets).
How much goodwill does Ralliant have?
Ralliant carried $2.5 billion of goodwill and intangible assets, 64.6% of total assets, at the end of fiscal 2025.