Harmonic Financial Health
How is Harmonic's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HLIT's short term assets ($336.7M) exceed its short term liabilities ($221.9M).
Long Term Liabilities: HLIT's short term assets ($336.7M) exceed its long term liabilities ($175.3M).
Debt to Equity History and Analysis
Debt Level: HLIT's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: HLIT's debt to equity ratio has reduced from 58.4% to 55.2% over the past 5 years.
Debt Coverage: HLIT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HLIT's interest payments on its debt are well covered by EBIT (6.9x coverage).