Harley-Davidson Inc (HOG)

Debt-to-assets 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
Long-term debt US$ in thousands
Total assets US$ in thousands 11,881,600 13,026,700 12,760,200 12,334,900 12,140,600 12,462,200 12,015,600 12,029,600 11,492,500 11,927,600 12,121,600 10,894,600 11,051,100 11,199,800 10,909,200 11,339,000 12,010,600 12,532,300 13,156,200 11,139,900
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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

The debt-to-assets ratio for Harley-Davidson Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that Harley-Davidson has been entirely reliant on equity financing for its operations and investments, which may reflect a conservative financial strategy or strong cash reserves. It also implies a lower financial risk as the company does not have significant debt obligations that could impact its financial stability. Overall, maintaining a consistently low debt-to-assets ratio can be viewed positively by investors and creditors as it shows a sound financial position and may enhance the company's creditworthiness.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Harley-Davidson Inc
HOG
0.00
Fox Factory Holding Corp
FOXF
0.00