HLIT: Harmonic Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Harmonic Inc (HLIT).
$1.54B Market Cap.
HLIT Market Cap. (MRY)
HLIT Shares Outstanding (MRY)
HLIT Assets (MRY)
Total Assets
$796.51M
Total Liabilities
$331.25M
Total Investments
$0
HLIT Income (MRY)
Revenue
$678.72M
Net Income
$39.22M
Operating Expense
$302.79M
HLIT Cash Flow (MRY)
CF Operations
$61.92M
CF Investing
-$9.19M
CF Financing
-$33.27M
HLIT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $796,506,000 (3.68%) | $768,206,000 (8.20%) | $710,018,000 (2.35%) | $693,686,000 (17.27%) |
Assets Current | $366,076,000 (10.69%) | $330,732,000 (-4.22%) | $345,299,000 (6.86%) | $323,127,000 (35.75%) |
Assets Non-Current | $430,430,000 (-1.61%) | $437,474,000 (19.95%) | $364,719,000 (-1.58%) | $370,559,000 (4.83%) |
Goodwill & Intangible Assets | $236,876,000 (-0.95%) | $239,150,000 (0.59%) | $237,739,000 (-1.03%) | $240,213,000 (-1.42%) |
Shareholders Equity | $465,258,000 (6.50%) | $436,874,000 (34.63%) | $324,506,000 (9.66%) | $295,913,000 (14.56%) |
Property Plant & Equipment Net | $39,234,000 (-31.77%) | $57,500,000 (-11.92%) | $65,283,000 (-11.41%) | $73,689,000 (4.23%) |
Cash & Equivalents | $101,789,000 (20.79%) | $84,269,000 (-5.94%) | $89,586,000 (-32.86%) | $133,431,000 (35.26%) |
Accumulated Other Comprehensive Income | -$14,097,000 (-147.06%) | -$5,706,000 (41.09%) | -$9,686,000 (-196.03%) | -$3,272,000 (-155.87%) |
Deferred Revenue | $47,069,000 (1.84%) | $46,217,000 (-25.91%) | $62,383,000 (9.01%) | $57,226,000 (5.40%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $64,004,000 (-23.79%) | $83,982,000 (-30.56%) | $120,949,000 (69.88%) | $71,195,000 (103.23%) |
Trade & Non-Trade Receivables | $178,013,000 (25.78%) | $141,531,000 (30.53%) | $108,427,000 (22.48%) | $88,529,000 (33.68%) |
Trade & Non-Trade Payables | $35,250,000 (-8.59%) | $38,562,000 (-42.83%) | $67,455,000 (4.70%) | $64,429,000 (173.67%) |
Accumulated Retained Earnings (Deficit) | -$1,953,495,000 (0.46%) | -$1,962,575,000 (4.10%) | -$2,046,569,000 (1.98%) | -$2,087,957,000 (0.63%) |
Tax Assets | $121,028,000 (15.59%) | $104,707,000 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $148,315,000 (-4.96%) | $156,051,000 (-2.94%) | $160,781,000 (-15.86%) | $191,095,000 (3.41%) |
Debt Current | $12,810,000 (-89.88%) | $126,591,000 (0.86%) | $125,510,000 (155.30%) | $49,162,000 (157.06%) |
Debt Non-Current | $135,505,000 (359.96%) | $29,460,000 (-16.48%) | $35,271,000 (-75.15%) | $141,933,000 (-14.32%) |
Total Liabilities | $331,248,000 (-0.03%) | $331,332,000 (-14.05%) | $385,512,000 (-2.87%) | $396,890,000 (19.11%) |
Liabilities Current | $167,569,000 (-38.48%) | $272,394,000 (-15.42%) | $322,072,000 (43.49%) | $224,461,000 (52.39%) |
Liabilities Non-Current | $163,679,000 (177.71%) | $58,938,000 (-7.10%) | $63,440,000 (-63.21%) | $172,429,000 (-7.26%) |
HLIT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $678,722,000 (11.65%) | $607,907,000 (-2.73%) | $624,957,000 (23.23%) | $507,149,000 (33.87%) |
Cost of Revenue | $312,801,000 (5.90%) | $295,362,000 (-4.44%) | $309,073,000 (24.92%) | $247,407,000 (34.58%) |
Selling General & Administrative Expense | $153,124,000 (-6.22%) | $163,282,000 (11.29%) | $146,717,000 (6.25%) | $138,085,000 (15.45%) |
Research & Development Expense | $120,975,000 (-4.20%) | $126,282,000 (4.97%) | $120,307,000 (17.68%) | $102,231,000 (23.93%) |
Operating Expenses | $302,785,000 (4.27%) | $290,373,000 (7.40%) | $270,365,000 (12.22%) | $240,933,000 (16.14%) |
Interest Expense | $7,326,000 (171.74%) | $2,696,000 (-46.51%) | $5,040,000 (-52.56%) | $10,625,000 (-7.68%) |
Income Tax Expense | $18,716,000 (128.86%) | -$64,853,000 (-497.80%) | $16,303,000 (471.96%) | -$4,383,000 (-243.52%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $39,217,000 (-53.31%) | $83,994,000 (198.04%) | $28,182,000 (112.63%) | $13,254,000 (145.28%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $39,217,000 (-53.31%) | $83,994,000 (198.04%) | $28,182,000 (112.63%) | $13,254,000 (145.28%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $39,217,000 (-53.31%) | $83,994,000 (198.04%) | $28,182,000 (112.63%) | $13,254,000 (145.28%) |
Weighted Average Shares | $115,120,000 (3.11%) | $111,651,000 (6.25%) | $105,080,000 (3.54%) | $101,484,000 (4.65%) |
Weighted Average Shares Diluted | $117,482,000 (0.10%) | $117,359,000 (4.43%) | $112,378,000 (5.85%) | $106,171,000 (9.49%) |
Earning Before Interest & Taxes (EBIT) | $65,259,000 (198.85%) | $21,837,000 (-55.91%) | $49,525,000 (154.03%) | $19,496,000 (232.55%) |
Gross Profit | $365,921,000 (17.08%) | $312,545,000 (-1.06%) | $315,884,000 (21.61%) | $259,742,000 (33.20%) |
Operating Income | $63,136,000 (184.76%) | $22,172,000 (-51.29%) | $45,519,000 (142.01%) | $18,809,000 (251.09%) |
HLIT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$9,186,000 (-8.39%) | -$8,475,000 (-558.00%) | -$1,288,000 (90.07%) | -$12,975,000 (59.71%) |
Net Cash Flow from Financing | -$33,269,000 (-566.71%) | -$4,990,000 (88.43%) | -$43,133,000 (-643.31%) | $7,939,000 (476.43%) |
Net Cash Flow from Operations | $61,917,000 (777.14%) | $7,059,000 (28.91%) | $5,476,000 (-86.65%) | $41,017,000 (4.73%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $17,520,000 (429.51%) | -$5,317,000 (87.87%) | -$43,845,000 (-226.04%) | $34,786,000 (522.62%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $7,962,000 (0%) | $0 (0%) |
Capital Expenditure | -$9,186,000 (-8.39%) | -$8,475,000 (8.38%) | -$9,250,000 (28.71%) | -$12,975,000 (59.71%) |
Issuance (Repayment) of Debt Securities | -$2,336,000 (-13.67%) | -$2,055,000 (94.70%) | -$38,791,000 (-1580.72%) | -$2,308,000 (56.01%) |
Issuance (Purchase) of Equity Shares | -$23,419,000 (-457.11%) | $6,558,000 (234.76%) | $1,959,000 (-84.09%) | $12,311,000 (124.98%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$1,942,000 (-278.33%) | $1,089,000 (122.22%) | -$4,900,000 (-310.04%) | -$1,195,000 (-261.92%) |
Share Based Compensation | $28,073,000 (2.72%) | $27,329,000 (8.40%) | $25,212,000 (4.81%) | $24,056,000 (33.35%) |
Depreciation Amortization & Accretion | $12,139,000 (-0.95%) | $12,255,000 (-0.04%) | $12,260,000 (-6.08%) | $13,053,000 (-16.90%) |
HLIT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 53.90% (4.86%) | 51.40% (1.78%) | 50.50% (-1.37%) | 51.20% (-0.58%) |
Profit Margin | 5.80% (-57.97%) | 13.80% (206.67%) | 4.50% (73.08%) | 2.60% (133.77%) |
EBITDA Margin | 11.40% (103.57%) | 5.60% (-43.43%) | 9.90% (54.69%) | 6.40% (2033.33%) |
Return on Average Equity (ROAE) | 9.20% (-60.17%) | 23.10% (148.39%) | 9.30% (93.75%) | 4.80% (139.34%) |
Return on Average Assets (ROAA) | 5.20% (-55.93%) | 11.80% (195.00%) | 4.00% (100.00%) | 2.00% (139.22%) |
Return on Sales (ROS) | 9.60% (166.67%) | 3.60% (-54.43%) | 7.90% (107.89%) | 3.80% (197.44%) |
Return on Invested Capital (ROIC) | 16.20% (95.18%) | 8.30% (-49.39%) | 16.40% (130.99%) | 7.10% (222.41%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 38.91 (123.80%) | 17.39 (-64.16%) | 48.52 (-46.37%) | 90.46 (467.24%) |
Price to Sales Ratio (P/S) | 2.24 (-6.30%) | 2.4 (8.72%) | 2.2 (-6.37%) | 2.35 (24.37%) |
Price to Book Ratio (P/B) | 3.31 (-1.05%) | 3.35 (-21.31%) | 4.26 (4.42%) | 4.08 (45.73%) |
Debt to Equity Ratio (D/E) | 0.71 (-6.07%) | 0.76 (-36.20%) | 1.19 (-11.41%) | 1.34 (3.95%) |
Earnings Per Share (EPS) | 0.34 (-54.67%) | 0.75 (177.78%) | 0.27 (107.69%) | 0.13 (143.33%) |
Sales Per Share (SPS) | 5.9 (8.28%) | 5.45 (-8.44%) | 5.95 (19.01%) | 5 (27.90%) |
Free Cash Flow Per Share (FCFPS) | 0.46 (3623.08%) | -0.01 (63.89%) | -0.04 (-113.04%) | 0.28 (283.33%) |
Book Value Per Share (BVPS) | 4.04 (3.30%) | 3.91 (26.72%) | 3.09 (5.90%) | 2.92 (9.46%) |
Tangible Assets Book Value Per Share (TABVPS) | 4.86 (2.60%) | 4.74 (5.43%) | 4.49 (0.58%) | 4.47 (24.56%) |
Enterprise Value Over EBIT (EV/EBIT) | 25 (-64.79%) | 71 (136.67%) | 30 (-53.85%) | 65 (218.18%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 21.11 (-53.36%) | 45.27 (89.94%) | 23.83 (-38.74%) | 38.91 (-95.19%) |
Asset Turnover | 0.9 (5.25%) | 0.86 (-3.82%) | 0.89 (14.08%) | 0.78 (17.80%) |
Current Ratio | 2.19 (79.98%) | 1.21 (13.25%) | 1.07 (-25.56%) | 1.44 (-10.89%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $52,731,000 (3823.94%) | -$1,416,000 (62.48%) | -$3,774,000 (-113.46%) | $28,042,000 (303.02%) |
Enterprise Value (EV) | $1,634,291,245 (5.89%) | $1,543,330,700 (4.80%) | $1,472,574,010 (16.28%) | $1,266,353,019 (56.59%) |
Earnings Before Tax (EBT) | $57,933,000 (202.66%) | $19,141,000 (-56.97%) | $44,485,000 (401.47%) | $8,871,000 (133.84%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $77,398,000 (127.03%) | $34,092,000 (-44.82%) | $61,785,000 (89.82%) | $32,549,000 (3158.16%) |
Invested Capital | $438,587,000 (33.53%) | $328,444,000 (48.35%) | $221,402,000 (-22.77%) | $286,676,000 (-0.01%) |
Working Capital | $198,507,000 (240.27%) | $58,338,000 (151.16%) | $23,227,000 (-76.46%) | $98,666,000 (8.73%) |
Tangible Asset Value | $559,630,000 (5.78%) | $529,056,000 (12.02%) | $472,279,000 (4.15%) | $453,473,000 (30.36%) |
Market Capitalization | $1,541,668,245 (5.38%) | $1,462,956,700 (5.92%) | $1,381,217,010 (14.51%) | $1,206,204,019 (66.98%) |
Average Equity | $424,039,250 (16.47%) | $364,065,250 (20.69%) | $301,654,000 (10.02%) | $274,172,000 (14.31%) |
Average Assets | $752,683,250 (6.15%) | $709,046,000 (1.05%) | $701,698,250 (8.02%) | $649,625,250 (13.73%) |
Invested Capital Average | $403,454,750 (53.75%) | $262,404,750 (-12.90%) | $301,259,500 (9.48%) | $275,168,500 (9.00%) |
Shares | 116,528,212 (3.87%) | 112,189,931 (6.41%) | 105,436,413 (2.80%) | 102,568,369 (4.93%) |
