Harmonic Balance Sheet Health
Financial Health criteria checks 5/6
Harmonic has a total shareholder equity of $428.9M and total debt of $129.5M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are $759.9M and $330.9M respectively. Harmonic's EBIT is $52.7M making its interest coverage ratio 9.8. It has cash and short-term investments of $58.2M.
Key information
30.2%
Debt to equity ratio
US$129.51m
Debt
| Interest coverage ratio | 9.8x |
| Cash | US$58.17m |
| Equity | US$428.94m |
| Total liabilities | US$330.92m |
| Total assets | US$759.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HMC's short term assets ($336.4M) exceed its short term liabilities ($161.7M).
Long Term Liabilities: HMC's short term assets ($336.4M) exceed its long term liabilities ($169.3M).
Debt to Equity History and Analysis
Debt Level: HMC's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: HMC's debt to equity ratio has reduced from 61.2% to 30.2% over the past 5 years.
Debt Coverage: HMC's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: HMC's interest payments on its debt are well covered by EBIT (9.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 15:43 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harmonic Inc. is covered by 24 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Blair King | Avondale Partners |
| Amir Rozwadowski | Barclays |
| Timothy Long | Barclays |