Is it safe?
Can HLIT take a bad year?
Harmonic Inc. carries $2.3M of net debt at 0.07× EBITDA: a load its earnings can carry.
$2.3M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.07×
Net debt / EBITDA · −0.31× a year ago · the load is going up
- Altman Z-score
- -0.10
Altman Z-score · distress zone, below 1.8
- Interest cover
- 7.17×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $111M
- Cash and short-term investments
- $109M
- Net debt
- $2.3M
- EBITDA, trailing twelve months
- $35M
- Operating profit, trailing twelve months
- $24M
- Debt / equity
- 0.31×
- Total debt / EBITDA
- 3.15×
- Annualised volatilitytwo years of daily moves
- 52%
- Worst drawdown on file
- −55%
- Below its 52-week high
- −27%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Communication Equipment
Ranks #3 of 21 by Smart Score