Harmonic Inc (HLIT)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 465,258 | 428,937 | 392,808 | 409,154 | 436,874 | 340,800 | 342,801 | 335,786 | 324,506 | 300,621 | 296,836 | 284,653 | 296,796 | 274,796 | 267,324 | 261,334 | 258,302 | 234,538 | 230,282 | 238,099 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $465,258K)
= 0.00
The debt-to-capital ratio for Harmonic Inc has consistently remained at 0.00 throughout the reported periods from March 31, 2020, to December 31, 2024. This indicates that Harmonic Inc has not utilized any debt in its capital structure during this time frame. A debt-to-capital ratio of 0.00 implies that the company has financed its assets entirely through equity, signaling a low financial risk and a conservative approach to capital structure. This may be advantageous as it reduces the company's interest payments and financial leverage, potentially enhancing its financial stability and flexibility. However, it's important to note that a zero debt-to-capital ratio may also mean missed opportunities for potential growth and tax benefits associated with debt financing.
Peer comparison
Dec 31, 2024