Harmonic Inc (HLIT)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 796,506 759,861 713,696 740,670 768,206 673,811 690,352 703,815 710,018 697,871 698,459 700,445 693,686 643,866 651,240 609,709 591,523 559,422 557,521 576,275
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $796,506K
= 0.00

Harmonic Inc has consistently maintained a debt-to-assets ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt relative to its total assets over this period. A debt-to-assets ratio of 0.00 suggests that Harmonic Inc finances its operations primarily through equity rather than debt. This could indicate a strong financial position and lower financial risk due to a lower reliance on borrowed funds. Investors and creditors may view a low debt-to-assets ratio positively, as it signifies financial stability and potentially better profitability in the long term.


Peer comparison

Dec 31, 2024