Harmonic Inc (HLIT)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $465,258K
= 0.00
The debt-to-equity ratio of Harmonic Inc has been consistently at 0.00 for the period spanning from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in financing its operations during this period. A debt-to-equity ratio of 0.00 suggests that the company is primarily relying on equity to fund its activities, which could imply lower financial risk as there is no debt obligation to repay. However, it's important to note that while a low debt-to-equity ratio can be a positive indicator, it may also mean the company is not taking advantage of potential leverage to enhance returns.
Peer comparison
Dec 31, 2024