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 ratio8.8x
CashUS$84.27m
EquityUS$436.87m
Total liabilitiesUS$331.33m
Total assetsUS$768.21m

Recent financial health updates

Recent updates

Harmonic: Upcoming Report Worthwhile To Be Bullish On

Jan 29

Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors

Jan 05
Harmonic Inc.'s (NASDAQ:HLIT) Earnings Haven't Escaped The Attention Of Investors

We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

Dec 15
We Like These Underlying Return On Capital Trends At Harmonic (NASDAQ:HLIT)

Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

Nov 20
Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet

Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

Sep 14
Is Now The Time To Look At Buying Harmonic Inc. (NASDAQ:HLIT)?

The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

Aug 26
The Return Trends At Harmonic (NASDAQ:HLIT) Look Promising

Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

Aug 08
Things Look Grim For Harmonic Inc. (NASDAQ:HLIT) After Today's Downgrade

We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

Jul 27
We Ran A Stock Scan For Earnings Growth And Harmonic (NASDAQ:HLIT) Passed With Ease

What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

May 19
What Is Harmonic Inc.'s (NASDAQ:HLIT) Share Price Doing?

Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

May 06
Harmonic (NASDAQ:HLIT) Is Doing The Right Things To Multiply Its Share Price

Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Apr 20
Should You Be Adding Harmonic (NASDAQ:HLIT) To Your Watchlist Today?

Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

Mar 07
Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly

At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Feb 03
At US$14.79, Is It Time To Put Harmonic Inc. (NASDAQ:HLIT) On Your Watch List?

Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Jan 20
Market Participants Recognise Harmonic Inc.'s (NASDAQ:HLIT) Earnings

Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Jan 07
Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)

Here's Why Harmonic (NASDAQ:HLIT) Has Caught The Eye Of Investors

Dec 21
Here's Why Harmonic (NASDAQ:HLIT) Has Caught The Eye Of Investors

Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?

Dec 06
Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Nov 02
Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?

Harmonic Q2 2022 Earnings Preview

Jul 31

We Think Harmonic (NASDAQ:HLIT) Can Stay On Top Of Its Debt

Jul 09
We Think Harmonic (NASDAQ:HLIT) Can Stay On Top Of Its Debt

Should You Investigate Harmonic Inc. (NASDAQ:HLIT) At US$9.77?

May 31
Should You Investigate Harmonic Inc. (NASDAQ:HLIT) At US$9.77?

Harmonic (NASDAQ:HLIT) Shareholders Will Want The ROCE Trajectory To Continue

Apr 11
Harmonic (NASDAQ:HLIT) Shareholders Will Want The ROCE Trajectory To Continue

Harmonic Remains In Harmony With Growth And Sustainability

Mar 30

Financial Position Analysis

Short Term Liabilities: HLIT's short term assets ($330.7M) exceed its short term liabilities ($272.4M).

Long Term Liabilities: HLIT's short term assets ($330.7M) exceed its long term liabilities ($58.9M).


Debt to Equity History and Analysis

Debt Level: HLIT's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: HLIT's debt to equity ratio has reduced from 58.9% to 29.8% over the past 5 years.

Debt Coverage: HLIT's debt is not well covered by operating cash flow (5.4%).

Interest Coverage: HLIT's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


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