HLIT (Harmonic) Interest Expense : $-7.3 Mil (TTM As of Dec. 2024)

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What is Harmonic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Harmonic's interest expense for the three months ended in Dec. 2024 was $ -2.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-7.3 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Harmonic's Operating Income for the three months ended in Dec. 2024 was $ 54.7 Mil. Harmonic's Interest Expense for the three months ended in Dec. 2024 was $ -2.5 Mil. Harmonic's Interest Coverage for the quarter that ended in Dec. 2024 was 21.92. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Harmonic Interest Expense Historical Data

The historical data trend for Harmonic's Interest Expense 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.

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Harmonic Interest Expense Chart

Harmonic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-11.51

-10.63

-5.04

-2.70

-7.33

Harmonic Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.57	-0.72	-1.42	-2.69	-2.49

Harmonic Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.3 Mil.

Harmonic (NAS:HLIT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Harmonic's Interest Expense for the three months ended in Dec. 2024 was $-2.5 Mil. Its Operating Income for the three months ended in Dec. 2024 was $54.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $135.5 Mil.

Harmonic's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	54.651	/	-2.493
	=	21.92

The higher the ratio, the stronger the company's financial strength is.

Harmonic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Harmonic Inc (NAS:HLIT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0J38:UK HMC:Germany HMC:Germany

Address

2590 Orchard Parkway, San Jose, CA, USA, 95131

Website

https://www.harmonicinc.com

Harmonic Inc engaged in broadband access solutions that enable broadband operators to more efficiently and effectively deploy high-speed internet for data, voice, and video services for their customers and versatile and high-performance video delivery software, products, system solutions and services that enable its customers to efficiently create, prepare, store, playout and deliver a full range of high-quality broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smartphones. It has two segments, Broadband which provides broadband access solutions and related services, and Others; and Video business provides video processing and production and playout solutions and services, and Others.

Executives

Daniel T Whalen	director	2055 BENJAMIN CIRCLE, WALL NJ 07719
David Krall	director	C/O AVID TECHNOLOGY INC, ONE PARK WEST, TEWKSBURY MA 01876
Nimrod Ben-natan	officer: VP, Solutions & Strategy	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Walter Jankovic	officer: Chief Financial Officer	2950 ORCHARD PARKWAY, SAN JOSE CA 95131
Neven Haltmayer	officer: Vice President, R&D	549 BALTIC WAY, SUNNYVALE CA 94089
Ian Graham	officer: SVP, Intl Sales & Video Svcs	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
Sanjay Kalra	officer: Chief Financial Officer	HARMONIC INC., 4300 NORTH FIRST STREET, SAN JOSE CA 95134
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
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