Harley-Davidson Inc (HOG)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 11,881,600 | 12,140,600 | 11,492,500 | 11,051,100 | 12,010,600 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,881,600K
= 0.00
Based on the data provided for Harley-Davidson Inc, the debt-to-assets ratio has been consistently calculated at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not utilized any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 reflects a strong financial position with minimal risk from debt obligations compared to total assets. Harley-Davidson Inc's ability to maintain a low debt-to-assets ratio signifies a sound capital structure and financial stability, suggesting that the company may be funding its operations primarily through equity or internally generated funds rather than resorting to external borrowing.
Peer comparison
Dec 31, 2024