Harley-Davidson Inc (HOG)
Current ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 5,163,730 | 5,422,810 | 5,014,420 | 5,290,510 | 4,750,650 | 5,012,180 | 5,308,170 | 4,387,260 | 4,550,090 | 4,708,420 | 4,469,600 | 5,187,140 | 5,845,430 | 6,156,730 | 6,811,830 | 4,976,380 | 4,202,820 | 4,089,000 | 4,312,160 | 4,374,080 |
| Total current liabilities | US$ in thousands | 3,384,260 | 2,672,820 | 2,466,460 | 3,084,580 | 3,533,910 | 3,679,910 | 3,675,900 | 3,283,260 | 3,342,890 | 3,430,110 | 3,451,150 | 3,454,600 | 3,981,950 | 4,217,430 | 4,655,100 | 4,580,070 | 3,196,770 | 3,698,750 | 3,742,250 | 3,590,060 |
| Current ratio | 1.53 | 2.03 | 2.03 | 1.72 | 1.34 | 1.36 | 1.44 | 1.34 | 1.36 | 1.37 | 1.30 | 1.50 | 1.47 | 1.46 | 1.46 | 1.09 | 1.31 | 1.11 | 1.15 | 1.22 |
December 31, 2023 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $5,163,730K ÷ $3,384,260K
= 1.53
The current ratio of Harley-Davidson, Inc. has shown relatively stable performance over the recent quarters, ranging from 1.32 to 1.41. This indicates that the company has generally maintained a strong ability to cover its short-term obligations with its current assets. However, it is worth noting that the ratio dipped slightly in Q1 2022 and has since fluctuated within a narrow range. Overall, the current ratio suggests that Harley-Davidson has a healthy liquidity position, with sufficient current assets to meet its short-term liabilities. Further analysis in conjunction with other financial metrics would provide a more comprehensive assessment of the company's financial health.
Peer comparison
Dec 31, 2023