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
Harmonic (NASDAQ:HLIT) Has A Pretty Healthy Balance Sheet
Nov 20Here's Why Harmonic (NASDAQ:HLIT) Can Manage Its Debt Responsibly
Mar 07Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?
Dec 06We Think Harmonic (NASDAQ:HLIT) Can Stay On Top Of Its Debt
Jul 09Recent updates
Harmonic: 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 20Returns Are Gaining Momentum At Harmonic (NASDAQ:HLIT)
Jan 07Here's Why Harmonic (NASDAQ:HLIT) Has Caught The Eye Of Investors
Dec 21Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?
Dec 06Is It Time To Consider Buying Harmonic Inc. (NASDAQ:HLIT)?
Nov 02Harmonic Q2 2022 Earnings Preview
Jul 31We Think Harmonic (NASDAQ:HLIT) Can Stay On Top Of Its Debt
Jul 09Should You Investigate Harmonic Inc. (NASDAQ:HLIT) At US$9.77?
May 31Harmonic (NASDAQ:HLIT) Shareholders Will Want The ROCE Trajectory To Continue
Apr 11Harmonic Remains In Harmony With Growth And Sustainability
Mar 30Financial 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).