Harmonic Balance Sheet Health
Financial Health criteria checks 4/6
Harmonic has a total shareholder equity of $392.8M and total debt of $128.3M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are $713.7M and $320.9M respectively. Harmonic's EBIT is $6.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $45.9M.
Key information
32.7%
Debt to equity ratio
US$128.34m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$45.85m |
| Equity | US$392.81m |
| Total liabilities | US$320.89m |
| Total assets | US$713.70m |
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 07Does Harmonic (NASDAQ:HLIT) Have A Healthy Balance Sheet?
Dec 06Recent updates
Harmonic 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 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 02Financial Position Analysis
Short Term Liabilities: HLIT's short term assets ($284.6M) exceed its short term liabilities ($151.9M).
Long Term Liabilities: HLIT's short term assets ($284.6M) exceed its long term liabilities ($169.0M).
Debt to Equity History and Analysis
Debt Level: HLIT's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: HLIT's debt to equity ratio has reduced from 64.2% to 32.7% over the past 5 years.
Debt Coverage: HLIT's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: HLIT's interest payments on its debt are not well covered by EBIT (1.8x coverage).