Vistance Networks, Inc. (VISN) Balance Sheet
VISN balance sheet, 2025
December 31, 2025 · U.S. dollars$9.37B assets = $9.10B liabilities + $274.6M equity
Both columns are drawn to the same scale: what VISN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
VISN financial health
Descriptive bands, not a rating. Fiscal 2025.
VISN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.14B2016 | $9.37B2025 | +3.1%/yr | |
| Total liabilities | $5.75B2016 | $9.10B2025 | +5.2%/yr | |
| Shareholders’ equity | $1.39B2016 | $274.6M2025 | −16.5%/yr | |
| Cash & short-term investments | $428.2M2016 | $754.4M2025 | +6.5%/yr | |
| Total debt | $4.56B2016 | $7.33B2025 | +5.4%/yr | |
| Net cash (debt) | −$4.13B2016 | −$6.58B2025 | −$2.4B | |
| Working capital | $1.14B2016 | $4.30B2025 | +$3.2B | |
| Book value per share | $7.102016 | $1.192025 | −18.0%/yr | |
| Current ratio | 2.322016 | 3.882025 | +1.55 | |
| Debt / equity | 3.272016 | 26.692025 | +23.42 | |
| Shares outstanding | 196.5M2016 | 230.0M2025 | +1.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
VISN assets
VISN liabilities and equity
VISN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
VISN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $754.4M | $564.9M | $543.8M | $373.0M | $360.3M | $521.9M | $598.2M | $458.2M | $454.0M | $428.2M |
| Cash & equivalents | $754.4M | $564.9M | $543.8M | $373.0M | $360.3M | $521.9M | $598.2M | $458.2M | $454.0M | $428.2M |
| Receivables | $350.4M | $685.9M | $815.2M | $1.18B | $1.53B | $1.49B | $1.70B | $810.4M | $898.8M | $952.4M |
| Inventory | $310.4M | $736.8M | $1.08B | $1.38B | $1.44B | $1.09B | $975.9M | $473.3M | $444.9M | $473.3M |
| Other current assets | $4.38B | $1.50B | $424.0M | $798.9M | $251.0M | $256.3M | $238.9M | $135.9M | $146.1M | $139.9M |
| Total current assets | $5.80B | $3.48B | $2.86B | $3.73B | $3.58B | $3.35B | $3.51B | $1.88B | $1.94B | $1.99B |
| Property, plant & equipment (net) | $58.6M | $342.2M | $657.8M | $742.9M | $818.8M | $843.8M | $723.8M | $450.9M | $467.3M | $475.0M |
| Goodwill & intangible assets | $1.60B | $4.08B | $5.10B | $5.99B | $8.26B | $8.94B | $9.74B | $4.20B | $4.52B | $4.57B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $1.91B | $837.3M | $754.3M | $1.23B | $602.0M | $441.6M | $460.7M | $97.6M | $107.8M | $105.9M |
| Total assets | $9.37B | $8.75B | $9.37B | $11.69B | $13.26B | $13.58B | $14.43B | $6.63B | $7.04B | $7.14B |
| Liabilities | ||||||||||
| Accounts payable | $213.3M | $370.7M | $435.9M | $684.3M | $1.16B | $1.01B | $1.15B | $399.2M | $436.7M | $415.9M |
| Short-term debt | $13.9M | $67.4M | $68.5M | $76.4M | $78.7M | $94.4M | $93.7M | — | — | $12.5M |
| Deferred revenue | $106.5M | — | $85.4M | $88.9M | $94.6M | $90.0M | $82.6M | $7.6M | $12.6M | $25.9M |
| Total current liabilities | $1.50B | $1.23B | $1.41B | $2.11B | $2.18B | $1.95B | $2.04B | $690.6M | $723.7M | $857.8M |
| Long-term debt | $7.26B | $9.24B | $9.25B | $9.47B | $9.48B | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $13.9M | $33.7M | $35.3M | $44.4M | $46.7M | — | — | — | — | — |
| Other long-term liabilities | $340.7M | $508.2M | $522.6M | $554.0M | $699.0M | $10.23B | $10.55B | $4.18B | $4.67B | $4.89B |
| Total liabilities | $9.10B | $10.98B | $11.18B | $12.13B | $12.36B | $12.18B | $12.60B | $4.87B | $5.39B | $5.75B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.4M | $2.3M | $2.3M | $2.2M | $2.2M | $2.1M | $2.0M | $2.0M | $2.0M | $1.9M |
| Retained earnings (deficit) | −$3.04B | −$5.32B | −$4.95B | −$3.50B | −$2.22B | −$1.75B | −$1.18B | −$249.8M | −$396.0M | −$589.6M |
| Accumulated other comprehensive income | −$118.7M | −$344.5M | −$266.7M | −$296.3M | −$206.4M | −$155.9M | −$197.0M | −$159.2M | −$86.6M | −$285.1M |
| Total shareholders' equity | $274.6M | −$2.23B | −$1.81B | −$445.7M | $899.5M | $1.40B | $1.84B | $1.76B | $1.65B | $1.39B |
| Key figures | ||||||||||
| Total debt | $7.33B | $9.39B | $9.32B | $9.67B | $9.70B | $9.70B | $10.05B | $3.99B | $4.37B | $4.56B |
| Net cash (debt) | −$6.58B | −$8.82B | −$8.77B | −$9.29B | −$9.34B | −$9.18B | −$9.46B | −$3.53B | −$3.92B | −$4.13B |
| Working capital | $4.30B | $2.25B | $1.45B | $1.62B | $1.40B | $1.40B | $1.47B | $1.19B | $1.22B | $1.14B |
| Tangible book value | −$1.33B | −$6.31B | −$6.90B | −$6.43B | −$7.36B | −$7.54B | −$7.90B | −$2.45B | −$2.87B | −$3.17B |
| Book value per share | $1.19 | −$10.40 | −$8.57 | −$2.15 | $4.42 | $7.10 | $9.48 | $9.00 | $8.37 | $7.10 |
| Shares outstanding | 230.0M | 214.4M | 210.9M | 207.4M | 203.6M | 196.8M | 193.7M | 195.3M | 196.8M | 196.5M |
| Current ratio | 3.88 | 2.83 | 2.03 | 1.77 | 1.64 | 1.72 | 1.72 | 2.72 | 2.69 | 2.32 |
| Quick ratio | 0.74 | 1.02 | 0.96 | 0.74 | 0.87 | 1.03 | 1.12 | 1.84 | 1.87 | 1.61 |
| Debt / equity | 26.69 | — | — | — | 10.78 | 6.95 | 5.48 | 2.27 | 2.65 | 3.27 |
| Equity / assets | 2.9% | −25.5% | −19.3% | −3.8% | 6.8% | 10.3% | 12.7% | 26.5% | 23.4% | 19.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $113.6M | $2.51B | $754.4M | $705.3M | $571.1M | $493.3M | $564.9M | $392.1M | $345.9M | $357.2M | $543.8M | $518.9M |
| Cash & equivalents | $113.6M | $2.51B | $754.4M | $705.3M | $571.1M | $493.3M | $564.9M | $392.1M | $345.9M | $357.2M | $543.8M | $518.9M |
| Receivables | $280.5M | $377.4M | $350.4M | $1.04B | $935.1M | $844.3M | $685.9M | $664.8M | $999.8M | $836.9M | $815.2M | $1.14B |
| Inventory | $313.8M | $336.9M | $310.4M | $798.4M | $822.8M | $765.7M | $736.8M | $843.5M | $1.04B | $1.04B | $1.08B | $1.36B |
| Other current assets | $1.21B | $99.5M | $4.38B | $257.2M | $192.3M | $194.2M | $1.50B | $1.52B | $179.3M | $169.2M | $424.0M | $186.7M |
| Total current assets | $1.92B | $3.32B | $5.80B | $2.80B | $2.52B | $2.30B | $3.48B | $3.42B | $2.57B | $2.41B | $2.86B | $3.21B |
| Property, plant & equipment (net) | $46.9M | $107.4M | $58.6M | $458.7M | $337.7M | $341.5M | $342.2M | $365.0M | $582.2M | $609.6M | $657.8M | $706.6M |
| Goodwill & intangible assets | $947.0M | $1.57B | $1.60B | $3.99B | $4.04B | $4.05B | $4.08B | $4.18B | $4.95B | $5.00B | $5.10B | $5.31B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $587.5M | $442.2M | $1.91B | $691.2M | $843.6M | $816.1M | $837.3M | $838.7M | $725.9M | $636.3M | $754.3M | $835.4M |
| Total assets | $3.50B | $5.44B | $9.37B | $7.94B | $7.74B | $7.51B | $8.75B | $8.81B | $8.82B | $8.65B | $9.37B | $10.07B |
| Liabilities | ||||||||||||
| Accounts payable | $183.3M | $164.6M | $213.3M | $592.5M | $531.2M | $467.5M | $370.7M | $381.7M | $494.8M | $454.6M | $435.9M | $795.3M |
| Short-term debt | $8.8M | $14.1M | $13.9M | $30.7M | $32.8M | $32.1M | $67.4M | $1.34B | $1.34B | $68.8M | $68.5M | $72.9M |
| Deferred revenue | $37.8M | $122.4M | $106.5M | $112.0M | $116.0M | — | — | $99.4M | $107.0M | $111.1M | $85.4M | $102.0M |
| Total current liabilities | $745.8M | $498.6M | $1.50B | $1.24B | $1.16B | $1.05B | $1.23B | $2.45B | $2.47B | $1.05B | $1.41B | $1.55B |
| Long-term debt | $0 | $0 | $7.26B | $7.25B | $7.25B | $7.24B | $9.24B | $7.97B | $0 | $0 | $0 | $0 |
| Lease obligations | $8.8M | $14.1M | $13.9M | $30.7M | $32.8M | $32.1M | $33.7M | $34.1M | — | — | — | — |
| Other long-term liabilities | $245.2M | $349.9M | $340.7M | $506.4M | $514.8M | $517.8M | $508.2M | $505.4M | $8.47B | $9.76B | $9.77B | $9.86B |
| Total liabilities | $991.0M | $848.5M | $9.10B | $9.01B | $8.92B | $8.81B | $10.98B | $10.92B | $10.95B | $10.81B | $11.18B | $11.41B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.5M | $2.5M | $2.4M | $2.4M | $2.4M | $2.2M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M |
| Retained earnings (deficit) | $376.7M | $2.45B | −$3.04B | −$4.40B | −$4.51B | −$4.54B | −$5.32B | −$5.30B | −$5.27B | −$5.31B | −$4.95B | −$4.43B |
| Accumulated other comprehensive income | $800,000 | $1.1M | −$118.7M | −$122.2M | −$116.5M | −$209.6M | −$344.5M | −$243.2M | −$280.7M | −$265.3M | −$266.7M | −$317.4M |
| Total shareholders' equity | $2.51B | $4.59B | $274.6M | −$1.07B | −$1.18B | −$1.30B | −$2.23B | −$2.11B | −$2.12B | −$2.15B | −$1.81B | −$1.34B |
| Key figures | ||||||||||||
| Total debt | $39.4M | $66.0M | $7.33B | $7.40B | $7.39B | $7.39B | $9.39B | $9.43B | $9.44B | $9.45B | $9.32B | $9.57B |
| Net cash (debt) | $74.2M | $2.44B | −$6.58B | −$6.69B | −$6.82B | −$6.89B | −$8.82B | −$9.04B | −$9.09B | −$9.09B | −$8.77B | −$9.05B |
| Working capital | $1.17B | $2.83B | $4.30B | $1.56B | $1.36B | $1.25B | $2.25B | $973.2M | $93.7M | $1.36B | $1.45B | $1.67B |
| Tangible book value | $1.56B | $3.02B | −$1.33B | −$5.05B | −$5.22B | −$5.36B | −$6.31B | −$6.29B | −$7.07B | −$7.15B | −$6.90B | −$6.65B |
| Book value per share | $10.72 | $20.40 | $1.24 | −$3.84 | −$5.19 | −$6.03 | −$10.32 | −$9.78 | −$9.86 | −$10.14 | −$8.52 | −$6.34 |
| Shares outstanding | 233.8M | 225.2M | 221.8M | 277.7M | 227.3M | 216.3M | 215.9M | 215.9M | 215.5M | 212.3M | 212.1M | 211.9M |
| Current ratio | 2.57 | 6.67 | 3.88 | 2.25 | 2.18 | 2.19 | 2.83 | 1.40 | 1.04 | 2.30 | 2.03 | 2.08 |
| Quick ratio | 0.53 | 5.79 | 0.74 | 1.41 | 1.30 | 1.28 | 1.02 | 0.43 | 0.54 | 1.14 | 0.96 | 1.08 |
| Debt / equity | 0.02 | 0.01 | 26.69 | — | — | — | — | — | — | — | — | — |
| Equity / assets | 71.7% | 84.4% | 2.9% | −13.4% | −15.2% | −17.4% | −25.5% | −24.0% | −24.1% | −24.9% | −19.3% | −13.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 31, 2025); data from EODHD.
VISN financial position
At the end of fiscal 2025 (December 31, 2025), Vistance Networks had total assets of $9.4 billion (up 7.1% from a year earlier), total liabilities of $9.1 billion and shareholders' equity of $274.6 million. It held $754.4 million in cash and short-term investments against $7.3 billion of debt, net debt of $6.6 billion. Its current ratio was 3.88. In the latest quarter (ended June 30, 2026) total assets were $3.5 billion and equity $2.5 billion.
Related: VISN income statement, VISN cash flow statement, VISN key metrics. See the VISN stock overview for the latest quote and news.
VISN balance sheet FAQ
What are Vistance Networks's total assets?
Vistance Networks reported total assets of $9.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $8.7 billion a year earlier.
How much debt does Vistance Networks have?
Vistance Networks had $7.3 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 26.69.
How much cash does Vistance Networks have?
Vistance Networks held $754.4 million in cash and short-term investments at the end of fiscal 2025; with $7.3 billion of debt that is net debt of $6.6 billion.
What is Vistance Networks's book value?
Vistance Networks's shareholders' equity (book value) was $274.6 million at the end of fiscal 2025, or $1.19 per share.
What is Vistance Networks's current ratio?
Vistance Networks had current assets of $5.8 billion and current liabilities of $1.5 billion, a current ratio of 3.88 (it can cover its short-term obligations).
How much goodwill does Vistance Networks have?
Vistance Networks carried $1.6 billion of goodwill and intangible assets, 17.1% of total assets, at the end of fiscal 2025.