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HLIT (Harmonic) Total Assets : $796.5 Mil (As of Dec. 2024)


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What is Harmonic Total Assets?

Harmonic's Total Assets for the quarter that ended in Dec. 2024 was $796.5 Mil.

Warning Sign:

If a company builds assets at 8.3% a year, faster than its revenue growth rate of 6.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Harmonic's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was 7.50% per year. During the past 5 years, the average Total Assets Growth Rate was 8.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.30% per year.

During the past 13 years, Harmonic's highest 3-Year average Total Assets Growth Rate was 93.30%. The lowest was -30.00%. And the median was 8.00%.

Total Assets is connected with ROA %. Harmonic's annualized ROA % for the quarter that ended in Dec. 2024 was 19.59%. Total Assets is also linked to Revenue through Asset Turnover. Harmonic's Asset Turnover for the quarter that ended in Dec. 2024 was 0.29.


Harmonic Total Assets Historical Data

The historical data trend for Harmonic's Total Assets 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 Total Assets Chart

Harmonic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 591.52 693.69 710.02 768.21 796.51

Harmonic Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 768.21 740.67 713.70 759.86 796.51

Harmonic Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Harmonic's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=465.258+331.248
=796.5

Harmonic's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=465.258+331.248
=796.5

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

Harmonic's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=152.48/( (759.861+796.506)/ 2 )
=152.48/778.1835
=19.59 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Harmonic's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=222.166/( (759.861+796.506)/ 2 )
=222.166/778.1835
=0.29

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Harmonic Total Assets Related Terms

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Harmonic Business Description

Traded in Other Exchanges
Address
2590 Orchard Parkway, San Jose, CA, USA, 95131
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