Harmonic Balance Sheet Health
Financial Health criteria checks 5/6
Harmonic has a total shareholder equity of $436.9M and total debt of $130.3M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are $768.2M and $331.3M respectively. Harmonic's EBIT is $23.7M making its interest coverage ratio 8.8. It has cash and short-term investments of $84.3M.
Key information
29.8%
Debt to equity ratio
US$130.29m
Debt
Interest coverage ratio | 8.8x |
Cash | US$84.27m |
Equity | US$436.87m |
Total liabilities | US$331.33m |
Total assets | US$768.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J38's short term assets ($330.7M) exceed its short term liabilities ($272.4M).
Long Term Liabilities: 0J38's short term assets ($330.7M) exceed its long term liabilities ($58.9M).
Debt to Equity History and Analysis
Debt Level: 0J38's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: 0J38's debt to equity ratio has reduced from 58.9% to 29.8% over the past 5 years.
Debt Coverage: 0J38's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 0J38's interest payments on its debt are well covered by EBIT (8.8x coverage).