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
Here's Why Harmonic (NASDAQ:HLIT) Has A Meaningful Debt Burden
Jul 31
We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt
Apr 15Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet
Nov 20Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly
Mar 07Recent updates
Harmonic (NASDAQ:HLIT) Might Have The Makings Of A Multi-Bagger
Dec 13Shareholders Should Be Pleased With Harmonic Inc.'s (NASDAQ:HLIT) Price
Nov 26Q3 Gains For Harmonic, But 2025 Growth Uncertain
Oct 29Is There Now An Opportunity In Harmonic Inc. (NASDAQ:HLIT)?
Oct 29Is Now The Time To Put Harmonic (NASDAQ:HLIT) On Your Watchlist?
Oct 14Harmonic Inc.'s (NASDAQ:HLIT) Share Price Could Signal Some Risk
Aug 18Harmonic Surges Briefly, But Pay More Attention To Rising Earnings
Aug 02Here's Why Harmonic (NASDAQ:HLIT) Has A Meaningful Debt Burden
Jul 31Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?
Jul 17Harmonic: Give It Some Time
Jul 05We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease
Jun 26Returns At Harmonic (NASDAQ:HLIT) Are On The Way Up
Jun 11Investors Don't See Light At End Of Harmonic Inc.'s (NASDAQ:HLIT) Tunnel And Push Stock Down 27%
Apr 20We Think Harmonic (NASDAQ:HLIT) Is Taking Some Risk With Its Debt
Apr 15What Does Harmonic Inc.'s (NASDAQ:HLIT) Share Price Indicate?
Apr 01Harmonic: Upcoming Report Worthwhile To Be Bullish On
Jan 29Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors
Jan 05We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)
Dec 15Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet
Nov 20Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?
Sep 14The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising
Aug 26Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade
Aug 08We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease
Jul 27What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?
May 19Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price
May 06Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?
Apr 20Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly
Mar 07At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?
Feb 03Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings
Jan 20Financial Position Analysis
Short Term Liabilities: HLIT's short term assets ($336.4M) exceed its short term liabilities ($161.7M).
Long Term Liabilities: HLIT's short term assets ($336.4M) exceed its long term liabilities ($169.3M).
Debt to Equity History and Analysis
Debt Level: HLIT's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: HLIT's debt to equity ratio has reduced from 61.2% to 30.2% over the past 5 years.
Debt Coverage: HLIT's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: HLIT'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 | 2024/12/22 14:42 |
| End of Day Share Price | 2024/12/20 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 |