Harmonic Long Term Debt vs Net Working Capital Analysis

HLIT Stock

USD 9.20 0.23 2.44%

Harmonic financial indicator trend analysis is much more than just examining Harmonic latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harmonic is a good investment. Please check the relationship between Harmonic Long Term Debt and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Harmonic Long Term Debt account and Net Working Capital. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Harmonic's Long Term Debt and Net Working Capital is 0.51. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Harmonic, assuming nothing else is changed. The correlation between historical values of Harmonic's Long Term Debt and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Harmonic are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Long Term Debt i.e., Harmonic's Long Term Debt and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Harmonic has held for over one year. Long-term debt appears on Harmonic balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Harmonic balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Working Capital

Most indicators from Harmonic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harmonic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.At this time, Harmonic's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 8.4 M in 2024, whereas Enterprise Value Multiple is likely to drop 21.40 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	259.7M	315.9M	312.5M	166.2M
Total Revenue	507.1M	625.0M	607.9M	360.1M

Gross Profit Total Revenue

Harmonic fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Debt	Intangible Assets	Short Term Investments	Other Liab
Total Assets		0.78	0.54	0.76	0.7	0.02	-0.8	0.65	0.68	0.78	0.57	0.68	0.97	0.72	0.57	0.89	0.61	0.35	0.9	0.4	0.26	0.75	0.3	0.33	-0.08	0.69
Other Current Liab	0.78		0.75	0.27	0.62	0.56	-0.84	0.75	0.39	0.87	0.06	0.69	0.67	0.55	0.3	0.79	0.87	0.45	0.51	0.76	0.58	0.88	0.44	-0.03	-0.58	0.41
Total Current Liabilities	0.54	0.75		0.1	0.66	0.65	-0.55	0.77	0.29	0.8	-0.03	0.81	0.49	0.73	0.16	0.45	0.71	0.78	0.42	0.68	0.21	0.64	0.91	-0.33	-0.62	0.25
Total Stockholder Equity	0.76	0.27	0.1		0.32	-0.58	-0.45	0.13	0.49	0.43	0.83	0.5	0.84	0.51	0.69	0.64	-0.05	0.17	0.9	-0.24	-0.29	0.18	0.04	0.68	0.5	0.72
Property Plant And Equipment Net	0.7	0.62	0.66	0.32		0.29	-0.52	0.68	0.62	0.62	0.26	0.44	0.67	0.71	0.25	0.54	0.7	0.46	0.58	0.57	0.31	0.75	0.49	-0.12	-0.32	0.55
Net Debt	0.02	0.56	0.65	-0.58	0.29		-0.29	0.5	-0.1	0.45	-0.63	0.3	-0.13	0.11	-0.34	0.09	0.74	0.44	-0.29	0.78	0.61	0.53	0.52	-0.63	-0.91	-0.25
Retained Earnings	-0.8	-0.84	-0.55	-0.45	-0.52	-0.29		-0.55	-0.6	-0.86	-0.38	-0.65	-0.76	-0.37	-0.4	-0.96	-0.68	-0.33	-0.61	-0.51	-0.54	-0.8	-0.23	-0.07	0.43	-0.43
Accounts Payable	0.65	0.75	0.77	0.13	0.68	0.5	-0.55		0.48	0.6	0.06	0.48	0.55	0.74	0.18	0.52	0.84	0.3	0.48	0.82	0.42	0.83	0.52	-0.15	-0.49	0.21
Cash	0.68	0.39	0.29	0.49	0.62	-0.1	-0.6	0.48		0.45	0.71	0.33	0.7	0.44	0.34	0.65	0.45	0.21	0.73	0.26	0.36	0.59	0.11	0.01	-0.07	0.41
Non Current Assets Total	0.78	0.87	0.8	0.43	0.62	0.45	-0.86	0.6	0.45		0.28	0.89	0.73	0.53	0.38	0.8	0.69	0.71	0.61	0.54	0.4	0.73	0.59	0.03	-0.47	0.56
Cash And Short Term Investments	0.57	0.06	-0.03	0.83	0.26	-0.63	-0.38	0.06	0.71	0.28		0.3	0.68	0.31	0.56	0.52	-0.13	0.08	0.82	-0.3	-0.15	0.08	-0.09	0.52	0.56	0.65
Net Receivables	0.68	0.69	0.81	0.5	0.44	0.3	-0.65	0.48	0.33	0.89	0.3		0.66	0.61	0.43	0.62	0.43	0.83	0.63	0.29	0.04	0.46	0.74	0.06	-0.32	0.46
Common Stock Shares Outstanding	0.97	0.67	0.49	0.84	0.67	-0.13	-0.76	0.55	0.7	0.73	0.68	0.66		0.7	0.57	0.88	0.46	0.36	0.94	0.26	0.1	0.65	0.29	0.35	0.04	0.71
Inventory	0.72	0.55	0.73	0.51	0.71	0.11	-0.37	0.74	0.44	0.53	0.31	0.61	0.7		0.49	0.45	0.49	0.43	0.74	0.39	-0.13	0.5	0.66	0.11	-0.08	0.48
Other Current Assets	0.57	0.3	0.16	0.69	0.25	-0.34	-0.4	0.18	0.34	0.38	0.56	0.43	0.57	0.49		0.51	0.04	0.04	0.68	-0.13	-0.11	0.11	0.04	0.7	0.25	0.6
Other Stockholder Equity	0.89	0.79	0.45	0.64	0.54	0.09	-0.96	0.52	0.65	0.8	0.52	0.62	0.88	0.45	0.51		0.6	0.25	0.74	0.4	0.42	0.77	0.14	0.24	-0.24	0.53
Total Liab	0.61	0.87	0.71	-0.05	0.7	0.74	-0.68	0.84	0.45	0.69	-0.13	0.43	0.46	0.49	0.04	0.6		0.34	0.29	0.91	0.75	0.94	0.41	-0.31	-0.74	0.18
Property Plant And Equipment Gross	0.35	0.45	0.78	0.17	0.46	0.44	-0.33	0.3	0.21	0.71	0.08	0.83	0.36	0.43	0.04	0.25	0.34		0.32	0.29	0.0	0.3	0.86	-0.31	-0.41	0.3
Total Current Assets	0.9	0.51	0.42	0.9	0.58	-0.29	-0.61	0.48	0.73	0.61	0.82	0.63	0.94	0.74	0.68	0.74	0.29	0.32		0.09	-0.05	0.46	0.28	0.46	0.24	0.74
Non Currrent Assets Other	0.4	0.76	0.68	-0.24	0.57	0.78	-0.51	0.82	0.26	0.54	-0.3	0.29	0.26	0.39	-0.13	0.4	0.91	0.29	0.09		0.66	0.83	0.42	-0.47	-0.75	-0.05
Non Current Liabilities Total	0.26	0.58	0.21	-0.29	0.31	0.61	-0.54	0.42	0.36	0.4	-0.15	0.04	0.1	-0.13	-0.11	0.42	0.75	0.0	-0.05	0.66		0.68	-0.13	-0.23	-0.63	0.05
Short Long Term Debt Total	0.75	0.88	0.64	0.18	0.75	0.53	-0.8	0.83	0.59	0.73	0.08	0.46	0.65	0.5	0.11	0.77	0.94	0.3	0.46	0.83	0.68		0.31	-0.2	-0.61	0.27
Short Term Debt	0.3	0.44	0.91	0.04	0.49	0.52	-0.23	0.52	0.11	0.59	-0.09	0.74	0.29	0.66	0.04	0.14	0.41	0.86	0.28	0.42	-0.13	0.31		-0.4	-0.45	0.13
Intangible Assets	0.33	-0.03	-0.33	0.68	-0.12	-0.63	-0.07	-0.15	0.01	0.03	0.52	0.06	0.35	0.11	0.7	0.24	-0.31	-0.31	0.46	-0.47	-0.23	-0.2	-0.4		0.68	0.62
Short Term Investments	-0.08	-0.58	-0.62	0.5	-0.32	-0.91	0.43	-0.49	-0.07	-0.47	0.56	-0.32	0.04	-0.08	0.25	-0.24	-0.74	-0.41	0.24	-0.75	-0.63	-0.61	-0.45	0.68		0.32
Other Liab	0.69	0.41	0.25	0.72	0.55	-0.25	-0.43	0.21	0.41	0.56	0.65	0.46	0.71	0.48	0.6	0.53	0.18	0.3	0.74	-0.05	0.05	0.27	0.13	0.62	0.32

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Harmonic Account Relationship Matchups

Harmonic fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	587.3M	591.5M	693.7M	710.0M	768.2M	475.5M
Other Current Liab	63.8M	57.7M	53.6M	66.7M	61.0M	49.9M
Total Current Liabilities	148.5M	147.3M	224.5M	322.1M	272.4M	286.0M
Total Stockholder Equity	254.9M	258.3M	296.8M	324.5M	436.9M	286.9M
Property Plant And Equipment Net	22.9M	70.7M	73.7M	65.3M	57.5M	34.2M
Net Debt	56.2M	52.7M	56.8M	71.2M	71.8M	75.4M
Retained Earnings	(2.1B)	(2.1B)	(2.1B)	(2.0B)	(2.0B)	(2.1B)
Accounts Payable	40.9M	23.5M	64.4M	67.5M	38.6M	26.7M
Cash	93.1M	98.6M	133.4M	89.6M	84.3M	76.2M
Non Current Assets Total	336.0M	353.5M	370.6M	362.3M	439.4M	461.3M
Cash And Short Term Investments	93.1M	98.6M	133.4M	89.6M	84.3M	122.7M
Net Receivables	88.5M	66.2M	88.5M	108.4M	146.3M	153.6M
Common Stock Shares Outstanding	89.6M	97.0M	106.2M	112.4M	117.4M	85.7M
Liabilities And Stockholders Equity	587.3M	591.5M	693.7M	710.0M	768.2M	475.5M
Inventory	29.0M	35.0M	71.2M	120.9M	84.0M	45.9M
Other Current Assets	15.2M	16.9M	13.8M	28.7M	14.3M	22.0M
Other Stockholder Equity	2.3B	2.4B	2.4B	2.4B	2.4B	2.0B
Total Liab	332.5M	333.2M	396.9M	385.5M	331.3M	188.6M
Property Plant And Equipment Gross	50.4M	70.7M	73.7M	65.3M	167.9M	176.3M
Total Current Assets	251.4M	238.0M	323.1M	347.7M	328.9M	266.8M
Accumulated Other Comprehensive Income	(3.1M)	5.9M	(3.3M)	(9.7M)	(5.7M)	(5.4M)
Non Currrent Assets Other	54.6M	38.6M	56.7M	59.3M	38.0M	22.6M
Non Current Liabilities Total	183.9M	185.9M	172.4M	63.4M	58.9M	71.7M
Short Long Term Debt Total	149.2M	151.4M	190.2M	160.8M	156.1M	85.1M
Short Term Debt	6.7M	11.8M	49.2M	125.5M	126.6M	132.9M
Intangible Assets	21.3M	12.8M	4.5M	508K	457.2K	434.3K
Other Liab	15.7M	46.3M	31.4M	28.2M	32.4M	34.4M
Other Assets	37.7M	66.2M	56.7M	61.7M	71.0M	74.5M
Common Stock Total Equity	87K	92K	98K	103K	118.5K	95.2K
Common Stock	92K	98K	103K	110K	112K	106.4K
Property Plant Equipment	22.9M	43.1M	73.7M	65.3M	75.1M	78.8M
Current Deferred Revenue	37.1M	54.3M	57.2M	62.4M	46.2M	45.8M
Long Term Debt	88.6M	139.6M	111.9M	11.2M	10.5M	10.0M
Good Will	239.8M	243.7M	240.2M	237.7M	239.2M	174.4M
Net Tangible Assets	10.6M	14.1M	55.7M	86.8M	78.1M	85.7M
Retained Earnings Total Equity	(2.1B)	(2.1B)	(2.1B)	(2.1B)	(1.9B)	(2.0B)
Capital Surpluse	2.3B	2.3B	2.4B	2.4B	2.1B	1.9B
Non Current Liabilities Other	41.4M	46.3M	31.4M	28.2M	29.5M	26.8M

Harmonic Investors Sentiment

The influence of Harmonic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Harmonic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Harmonic's public news can be used to forecast risks associated with an investment in Harmonic. The trend in average sentiment can be used to explain how an investor holding Harmonic can time the market purely based on public headlines and social activities around Harmonic. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Harmonic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Harmonic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Harmonic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Harmonic.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Harmonic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Harmonic's short interest history, or implied volatility extrapolated from Harmonic options trading.

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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:

How To Invest In Harmonic

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Is Harmonic Stock a good investment?

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What is Harmonic's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmonic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy Harmonic Stock please use our How to Invest in Harmonic guide.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Harmonic's price analysis, check to measure Harmonic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Harmonic is operating at the current time. Most of Harmonic's value examination focuses on studying past and present price action to predict the probability of Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmonic's price. Additionally, you may evaluate how the addition of Harmonic to your portfolios can decrease your overall portfolio volatility.

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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.

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Harmonic Long Term Debt vs Net Working Capital Analysis

Long Term Debt vs Net Working Capital

Long Term Debt vs Net Working Capital Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Working Capital

Harmonic fundamental ratios Correlations

Harmonic Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Harmonic fundamental ratios Accounts

Harmonic Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Harmonic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 0.97	Total Assets
Total Current Assets	+ 0.94	Common Stock Shares Outstanding
Short Long Term Debt Total	+ 0.94	Total Liab
Short Term Debt	+ 0.91	Total Current Liabilities
Non Currrent Assets Other	+ 0.91	Total Liab
Total Current Assets	+ 0.9	Total Assets

Other Stockholder Equity	- 0.96	Retained Earnings
Short Term Investments	- 0.91	Net Debt
Non Current Assets Total	- 0.86	Retained Earnings
Retained Earnings	- 0.84	Other Current Liab
Short Long Term Debt Total	- 0.8	Retained Earnings
Retained Earnings	- 0.8	Total Assets