Harmonic Balance Sheet - Annual (NASDAQ:HLIT)

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$5.18 $0.02 (0.38%) HLIT stock closing price Sep 18, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Harmonic, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Harmonic stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every year along with its annual results. The Harmonic balance sheet for 2017 shows total assets of $508.05M. The company has a asset turnover ratio of 0.78. Also see: Harmonic revenue and Harmonic operating cash flow for the same year.

View latest 10 year balance sheet data to check Harmonic financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash57.02M55.63M126.19M73.03M90.32M96.67M90.98M96.53M152.47M179.89M
Marketable Securities-6.92M26.6M31.84M80.25M104.5M70.85M23.83M118.59M147.27M
Receivables69.84M86.76M69.51M74.14M75.05M85.92M109.88M101.65M64.83M63.92M
Inventory25.97M41.19M38.81M32.74M36.92M64.27M70.64M58.06M35.06M26.87M
Raw Materials14.91M21.09M5.42M1.42M2.38M10.73M14.09M10.37M8.63M5.56M
Work In Progress-2.31M1.95M1.25M-4.34M4.25M2.32M3.07M1.16M
Finished Goods10.13M17.77M31.44M30.07M33.56M49.19M52.3M45.36M23.36M20.14M
Notes Receivable----------
Other Current Assets18.93M26.31M25M20.91M46.17M45.5M49.5M68.46M47.32M52.36M
Total Current Assets
171.77M216.83M286.13M232.68M328.73M396.87M391.87M348.55M418.29M470.33M
Property Plant & Equipment143.84M155.95M140.2M131.86M130.29M123.73M111.7M105.38M113.11M91.73M
Accumulated Depreciation114.58M123.79M113.19M104.64M95.34M85.6M71.23M65.55M87.17M76.3M
Net Property Plant & Equipment
29.26M32.16M27.01M27.22M34.94M38.12M40.46M39.82M25.94M15.42M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles264.1M266.51M201.87M208.48M229.14M270.96M300.06M329.94M89.21M53.74M
Deposits & Other Assets42.91M38.56M9.93M12.13M13.26M11.57M1.75M2.06M22.84M24.86M
Total Assets
508.05M554.06M524.95M480.51M606.08M717.53M734.16M720.38M556.3M564.36M
Notes Payable----------
Accounts Payable33.11M28.89M19.36M15.31M22.38M25.44M30.53M26.3M22.06M13.36M
Current Portion Long-Term Debt----------
Current Portion Capital Leases7.61M7.27M--------
Accrued Expenses48.7M55.15M31.35M35.11M35.34M42.41M46.89M51.28M37.58M50.49M
Income Taxes Payable-1.16M---1.79M2.29M6.79M-1.43M
Other Current Liabilities52.42M52.41M33.85M38.6M27.02M33.23M33.09M46.27M32.85M29.9M
Total Current Liabilities
142.08M144.89M84.88M89.93M85.08M102.89M112.81M130.65M93.11M95.19M
Mortgages----------
Deferred Taxes/Income---3.09M---14.84M--
Convertible Debt108.74M103.25M98.29M-------
Long-Term Debt----------
Non-Current Capital Leases15.33M13.91M--------
Other Long-Term Liabilities23.54M21.35M13.61M15.68M26.83M61.22M56.37M54.68M55.71M54.84M
Total Liabilities
289.71M283.42M196.78M108.7M111.91M164.11M169.85M200.18M148.83M150.04M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus2.27B2.25B2.24B2.26B2.34B2.43B2.43B2.4B2.28B2.26B
Retained Earnings-2.06B-1.98B-1.9B-1.89B-1.84B-1.88B-1.87B-1.88B-1.87B-1.85B
Treasury Stock----------
Other Liabilities3.38M-7.27M-4.41M-1.98M-0.2M-0.46M-0.87M-0.71M-0.03M-0.62M
Shareholders Equity218.34M270.64M328.16M371.81M494.16M553.41M564.31M520.2M407.47M414.31M
Total Liabilities & Shareholders Equity508.05M554.06M524.95M480.51M606.08M717.53M734.16M720.38M556.3M564.36M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Harmonic stock price, and Harmonic historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Harmonic PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Harmonic owns and has monetary significance. HLIT assets decreased from $554.06M in 2016 to $508.05M in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Harmonic for the year 2017 total to $289.71M. Liabilities for a company like Harmonic include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Harmonic Balance Sheet - Key Ratios

Current ratio
1.29
Debt to equity ratio
0.58
Asset turnover ratio
0.78
Receivables turnover
5.32
Price to book ratio
1.98