Harmonic Inc (HLIT)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 465,258 | 436,874 | 324,506 | 296,796 | 258,302 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $465,258K
= 0.00
The debt-to-equity ratio for Harmonic Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity for funding. A debt-to-equity ratio of 0.00 suggests that the company has a conservative financial structure with no debt obligations, which may signify lower financial risk and a strong financial position. However, it's also essential to consider other factors such as the nature of the industry and the company's growth prospects when evaluating the significance of this ratio.
Peer comparison
Dec 31, 2024