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Harmonic (Harmonic) Debt-to-Asset : 0.20 (As of Dec. 2023)


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What is Harmonic Debt-to-Asset?

Harmonic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $126.6 Mil. Harmonic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $29.5 Mil. Harmonic's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $768.2 Mil. Harmonic's debt to asset for the quarter that ended in Dec. 2023 was 0.20.


Harmonic Debt-to-Asset Historical Data

The historical data trend for Harmonic's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Harmonic Debt-to-Asset Chart

Harmonic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.31 0.27 0.23 0.20

Harmonic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.23 0.23 0.20

Competitive Comparison of Harmonic's Debt-to-Asset

For the Communication Equipment subindustry, Harmonic's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Harmonic's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Harmonic's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Harmonic's Debt-to-Asset falls into.



Harmonic Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Harmonic's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(126.591 + 29.46) / 768.206
=0.20

Harmonic's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(126.591 + 29.46) / 768.206
=0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Harmonic  (NAS:HLIT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Harmonic Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Harmonic's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Harmonic (Harmonic) Business Description

Traded in Other Exchanges
Address
2590 Orchard Parkway, San Jose, CA, USA, 95131
Harmonic Inc designs and manufactures video infrastructure products and system solutions to deliver video and broadband services to consumer devices. The firm operates in two segments: Video, which sells video processing, production, and playout solutions to cable operators and satellite and telecommunications providers; and Broadband which sells broadband access solutions and related services. Majority of the revenue generated from the company is from United States.
Executives
Walter Jankovic officer: Chief Financial Officer 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Jeremy Rosenberg officer: Interim CFO & SVP Bus Dev 2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Patrick Harshman officer: President, BAN Division 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Nimrod Ben-natan officer: VP, Solutions & Strategy 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Neven Haltmayer officer: Vice President, R&D 549 BALTIC WAY, SUNNYVALE CA 94089
Sanjay Kalra officer: Chief Financial Officer HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Ian Graham officer: SVP, Intl Sales & Video Svcs 2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Sophia Kim director 2590 ORCHARD PARKWAY, SAN JOSE CA 95131
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Daniel T Whalen director 2055 BENJAMIN CIRCLE, WALL NJ 07719
David Krall director C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876
Eric Louvet officer: SVP Sales NA & APAC 4300 NORTH FIRST STREET, SAN JOSE CA 95134
Susan Swenson director C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
Deborah Clifford director 4300 NORTH FIRST STREET, SAN JOSE CA 95134
William F Reddersen director