Harmonic Inc.

Harmonic Inc.verified

HLIT

Price:

$13.32

Market Cap:

$1.55B

Harmonic Inc., together with its subsidiaries, provide video delivery software, products, system solutions, and services worldwide. The company operates in two segments, Video and Cable Access. The Video segment sells video processing, production, and playout solutions and services to cable operators, and satellite and telecommunications Pay-TV service providers, as well as to broadcast and media, including streaming media companies. This segment's video processing appliance solutions include network management and application software, and hardware products, such as encoders, video servers, high-density stream processing systems, and edge processors. This segment also provides software-as-a...[Read more]

Industry

Communication Equipment

IPO Date

1995-05-23

Stock Exchange

NASDAQ

Ticker

HLIT

The Current Ratio as of September 2024 (TTM) for Harmonic Inc. (HLIT) is 1.87

According to Harmonic Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.87. This represents a change of 39.51% compared to the average of 1.34 of the last 4 quarters.

Harmonic Inc. (HLIT) Historical Current Ratio (quarterly & annually)

How has HLIT Current Ratio performed in the past?

The mean historical Current Ratio of Harmonic Inc. over the last ten years is 1.71. The current 1.87 Current Ratio has changed 10.83% with respect to the historical average. Over the past ten years (40 quarters), HLIT's Current Ratio was at its highest in in the December 2015 quarter at 3.37. The Current Ratio was at its lowest in in the December 2022 quarter at 1.08.

Quarterly (TTM)
Annual

Average

1.71

Median

1.47

Minimum

1.08

Maximum

3.37

Harmonic Inc. (HLIT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Harmonic Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 30.28%

Maximum Annual Current Ratio = 3.37

Minimum Annual Increase = -55.61%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.2111.83%
20221.08-25.01%
20211.44-10.92%
20201.62-4.51%
20191.6917.36%
20181.4419.28%
20171.21-19.22%
20161.50-55.61%
20153.3730.28%
20142.59-32.48%

Harmonic Inc. (HLIT) Average Current Ratio

How has HLIT Current Ratio performed in the past?

The current Current Ratio of Harmonic Inc. (HLIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.24

5-year avg

1.41

10-year avg

1.71

Harmonic Inc. (HLIT) Current Ratio vs. Peers

How is HLIT’s Current Ratio compared to its peers?

Harmonic Inc.’s Current Ratio is less than NETGEAR, Inc. (2.60), greater than Juniper Networks, Inc. (1.69), less than Digi International Inc. (2.00), less than Clearfield, Inc. (8.38), greater than Comtech Telecommunications Corp. (1.78), greater than DZS Inc. (1.48), less than KVH Industries, Inc. (4.72), less than Aviat Networks, Inc. (2.12), greater than CommScope Holding Company, Inc. (1.04), less than Knowles Corporation (2.36), greater than Extreme Networks, Inc. (0.90), greater than EchoStar Corporation (0.40),

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