Harley-Davidson Inc (HOG)
Quick ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 1,589,610 | 2,243,910 | 1,986,640 | 1,594,360 | 1,638,450 | 1,878,350 | 1,521,940 | 1,561,200 | 1,433,180 | 2,017,510 | 2,420,750 | 1,393,730 | 1,874,740 | 2,061,300 | 1,741,970 | 2,320,640 | 3,257,200 | 3,560,950 | 3,856,600 | 1,465,060 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 1,860 | 2,060 | 360 | 112 | — | — | 47 | 60 | 152 | 2 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,557,490 | 4,169,520 | 3,764,340 | 3,491,320 | 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 |
| Quick ratio | 0.45 | 0.54 | 0.53 | 0.46 | 0.48 | 0.70 | 0.62 | 0.51 | 0.41 | 0.55 | 0.66 | 0.43 | 0.56 | 0.60 | 0.50 | 0.67 | 0.82 | 0.84 | 0.83 | 0.32 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,589,610K
+ $—K
+ $—K)
÷ $3,557,490K
= 0.45
The quick ratio of Harley-Davidson Inc has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The quick ratio, which measures the company's ability to meet its short-term obligations with its most liquid assets, started at a low of 0.32 on March 31, 2020. It then saw an improvement, reaching 0.84 on September 30, 2020, indicating a stronger ability to cover its short-term liabilities.
Although there were some fluctuations, the quick ratio generally remained above 0.5 until March 31, 2022, suggesting the company had an acceptable level of liquidity to meet its near-term financial obligations. However, the quick ratio decreased to 0.41 by December 31, 2022, indicating a decline in liquidity.
The quick ratio showed some recovery in the following periods, with values ranging from 0.46 to 0.70 until December 31, 2024. Overall, the quick ratio trend suggests mixed performance in terms of liquidity management for Harley-Davidson Inc during the period under review. It would be essential for the company to closely monitor its liquidity position to ensure it can meet its short-term obligations effectively.
Peer comparison
Dec 31, 2024