Harmonic Financial Statements From 2010 to 2024

HLIT Stock  USD 10.03  0.20  1.96%   
Harmonic financial statements provide useful quarterly and yearly information to potential Harmonic investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Harmonic financial statements helps investors assess Harmonic's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Harmonic's valuation are summarized below:
Gross Profit
316.4 M
Profit Margin
0.1382
Market Capitalization
1.1 B
Enterprise Value Revenue
2.0602
Revenue
607.9 M
There are currently one hundred twenty fundamental trends for Harmonic that can be evaluated and compared over time across competitors. All traders should confirm Harmonic's regular fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 320.9 M in 2024, whereas Enterprise Value is likely to drop slightly above 255.6 M in 2024.

Harmonic Total Revenue

360.06 Million

Check Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmonic main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.9 M, Interest Expense of 3.4 M or Total Revenue of 360.1 M, as well as many exotic indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0029 or PTB Ratio of 3.75. Harmonic financial statements analysis is a perfect complement when working with Harmonic Valuation or Volatility modules.
  
This module can also supplement Harmonic's financial leverage analysis and stock options assessment as well as various Harmonic Technical models . Check out the analysis of Harmonic Correlation against competitors.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

Harmonic Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets475.5 M768.2 M567 M
Slightly volatile
Other Current Liabilities49.9 M61 M47.5 M
Slightly volatile
Total Current Liabilities286 M272.4 M153.7 M
Slightly volatile
Total Stockholder Equity286.9 M436.9 M328.2 M
Pretty Stable
Property Plant And Equipment Net34.2 M57.5 M38.7 M
Slightly volatile
Accounts Payable26.7 M38.6 M31.5 M
Slightly volatile
Cash76.2 M84.3 M83.5 M
Slightly volatile
Non Current Assets Total461.3 M439.4 M316.1 M
Slightly volatile
Cash And Short Term Investments122.7 M84.3 M108 M
Pretty Stable
Net Receivables153.6 M146.3 M87.4 M
Slightly volatile
Common Stock Shares Outstanding85.7 M117.4 M93.1 M
Slightly volatile
Liabilities And Stockholders Equity475.5 M768.2 M567 M
Slightly volatile
Inventory45.9 M84 M48.8 M
Slightly volatile
Other Current Assets22 M14.3 M19.9 M
Pretty Stable
Other Stockholder EquityB2.4 B2.2 B
Slightly volatile
Total Liabilities188.6 M331.3 M238.7 M
Slightly volatile
Property Plant And Equipment Gross176.3 M167.9 M57.3 M
Slightly volatile
Total Current Assets266.8 M328.9 M267.6 M
Pretty Stable
Non Currrent Assets Other22.6 M38 M28.4 M
Slightly volatile
Non Current Liabilities Total71.7 M58.9 M96.3 M
Slightly volatile
Short and Long Term Debt Total85.1 M156.1 M118.4 M
Slightly volatile
Short Term Debt132.9 M126.6 M32.1 M
Slightly volatile
Intangible Assets434.3 K457.2 K17.6 M
Slightly volatile
Short Term Investments453.1 K477 K26 M
Slightly volatile
Other Liabilities34.4 M32.4 M28.4 M
Very volatile
Other Assets74.5 M71 M40 M
Slightly volatile
Common Stock Total Equity95.2 K118.5 K93.9 K
Slightly volatile
Common Stock106.4 K112 K324.5 M
Slightly volatile
Property Plant Equipment78.8 M75.1 M43.9 M
Slightly volatile
Current Deferred Revenue45.8 M46.2 M44.9 M
Slightly volatile
Good Will174.4 M239.2 M216.9 M
Slightly volatile
Capital Surpluse1.9 B2.1 B2.3 B
Slightly volatile
Non Current Liabilities Other26.8 M29.5 M33 M
Slightly volatile
Long Term Investments4.8 M3.2 M6.9 M
Slightly volatile
Short and Long Term Debt125.8 M119.8 M41.6 M
Slightly volatile
Long Term Debt Total135.2 M128.7 M84.6 M
Pretty Stable
Net Invested Capital471.2 M567.2 M394.7 M
Slightly volatile
Net Working Capital66.4 M58.3 M46.5 M
Slightly volatile
Capital Stock110.4 K112 K93.9 K
Slightly volatile
Warrants1.3 M794.7 K1.9 M
Slightly volatile
Capital Lease Obligations25.8 M25.8 M33.3 M
Slightly volatile

Harmonic Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization22.9 M12.3 M24.9 M
Slightly volatile
Total Revenue360.1 M607.9 M429.4 M
Slightly volatile
Gross Profit166.2 M312.5 M213.2 M
Slightly volatile
Other Operating Expenses380.4 M585.7 M435.4 M
Slightly volatile
Research Development71 M126.3 M91.1 M
Slightly volatile
Cost Of Revenue193.9 M295.4 M216.2 M
Pretty Stable
Total Operating Expenses186.5 M290.4 M219.2 M
Slightly volatile
Selling General Administrative104.1 M158.2 M122.9 M
Slightly volatile
Non Recurring94 K99 K2.6 M
Pretty Stable
Interest Income10 M11.8 M6.6 M
Slightly volatile
Reconciled Depreciation13.4 M12.2 M19.4 M
Slightly volatile
Selling And Marketing Expenses700 K630 K742 K
Pretty Stable

Harmonic Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow73.2 M89.6 M82.9 M
Slightly volatile
Depreciation22.7 M12.3 M24.3 M
Slightly volatile
Capital Expenditures13.1 M8.5 M12.8 M
Pretty Stable
Total Cash From Operating ActivitiesM7.1 M24.7 M
Slightly volatile
End Period Cash Flow76.9 M84.3 M83.6 M
Slightly volatile
Stock Based Compensation15.3 M27.3 M17.4 M
Slightly volatile
Issuance Of Capital Stock8.4 M7.5 M6.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.632.3951.7218
Pretty Stable
Dividend Yield0.00290.0030.1503
Slightly volatile
PTB Ratio3.753.33262.3831
Slightly volatile
Days Sales Outstanding79.6887.843469.1248
Slightly volatile
Book Value Per Share2.553.91293.3709
Slightly volatile
Invested Capital0.220.31380.4004
Slightly volatile
Operating Cash Flow Per Share0.06640.06320.2481
Slightly volatile
Stock Based Compensation To Revenue0.02550.0450.0374
Slightly volatile
PB Ratio3.753.33262.3831
Slightly volatile
EV To Sales2.52.51311.7012
Slightly volatile
Inventory Turnover3.63.65474.8795
Pretty Stable
Days Of Inventory On Hand10599.871185.5693
Very volatile
Payables Turnover9.427.95948.0567
Slightly volatile
Sales General And Administrative To Revenue0.310.270.2889
Slightly volatile
Research And Ddevelopement To Revenue0.150.18760.2065
Very volatile
Cash Per Share0.720.75481.1056
Slightly volatile
POCF Ratio217206129
Pretty Stable
Days Payables Outstanding40.4345.857852.0018
Slightly volatile
EV To Operating Cash Flow227216143
Pretty Stable
Intangibles To Total Assets0.220.31130.3737
Very volatile
Current Ratio1.151.20732.4816
Slightly volatile
Receivables Turnover4.144.15515.3439
Slightly volatile
Graham Number7.628.13824.9925
Slightly volatile
Shareholders Equity Per Share2.553.91293.3709
Slightly volatile
Debt To Equity0.220.31380.4004
Slightly volatile
Revenue Per Share3.275.44474.4573
Slightly volatile
Interest Debt Per Share1.311.2521.0641
Slightly volatile
Debt To Assets0.10.17840.1988
Slightly volatile
Operating Cycle185188155
Pretty Stable
Price Book Value Ratio3.753.33262.3831
Slightly volatile
Days Of Payables Outstanding40.4345.857852.0018
Slightly volatile
Price To Operating Cash Flows Ratio217206129
Pretty Stable
Company Equity Multiplier1.381.75841.7812
Slightly volatile
Long Term Debt To Capitalization0.02230.02350.224
Very volatile
Total Debt To Capitalization0.140.23880.2712
Slightly volatile
Debt Equity Ratio0.220.31380.4004
Slightly volatile
Quick Ratio0.80.84651.8055
Slightly volatile
Cash Ratio0.290.30940.9159
Slightly volatile
Cash Conversion Cycle129142102
Pretty Stable
Operating Cash Flow Sales Ratio0.01220.01160.0568
Slightly volatile
Days Of Inventory Outstanding10599.871185.5693
Very volatile
Days Of Sales Outstanding79.6887.843469.1248
Slightly volatile
Price To Book Ratio3.753.33262.3831
Slightly volatile
Fixed Asset Turnover9.3410.572312.1029
Slightly volatile
Price Cash Flow Ratio217206129
Pretty Stable
Debt Ratio0.10.17840.1988
Slightly volatile
Price Sales Ratio2.632.3951.7218
Pretty Stable
Asset Turnover0.920.79130.779
Very volatile
Gross Profit Margin0.350.49510.489
Very volatile
Price Fair Value3.753.33262.3831
Slightly volatile

Harmonic Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap320.9 M318.7 M365.8 M
Pretty Stable
Enterprise Value255.6 M293.6 M326.8 M
Pretty Stable

Harmonic Fundamental Market Drivers

Forward Price Earnings19.1939
Cash And Short Term Investments84.3 M

Harmonic Upcoming Events

29th of January 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Harmonic Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Harmonic income statement, its balance sheet, and the statement of cash flows. Harmonic investors use historical funamental indicators, such as Harmonic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Harmonic investors may use each financial statement separately, they are all related. The changes in Harmonic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Harmonic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Harmonic Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Harmonic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue46.2 M45.8 M
Total Revenue607.9 M360.1 M
Cost Of Revenue295.4 M193.9 M
Stock Based Compensation To Revenue 0.04  0.03 
Sales General And Administrative To Revenue 0.27  0.31 
Research And Ddevelopement To Revenue 0.19  0.15 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 5.44  3.27 
Ebit Per Revenue 0.04  0.04 

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When determining whether Harmonic is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Harmonic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Harmonic Stock. Highlighted below are key reports to facilitate an investment decision about Harmonic Stock:
Check out the analysis of Harmonic Correlation against competitors.
For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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Is Harmonic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Harmonic. If investors know Harmonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.465
Earnings Share
0.72
Revenue Per Share
5.445
Quarterly Revenue Growth
0.017
Return On Assets
0.02
The market value of Harmonic is measured differently than its book value, which is the value of Harmonic that is recorded on the company's balance sheet. Investors also form their own opinion of Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Harmonic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Harmonic's market value can be influenced by many factors that don't directly affect Harmonic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmonic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.