Harley-Davidson Inc (HOG)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 773,378 | 3,252,810 | 2,906,810 | 2,553,240 | 1,722,780 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $773,378K)
= 0.00
Based on the provided data, Harley-Davidson Inc's debt-to-capital ratio has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure during these years. This suggests that the company is primarily financed by equity rather than debt, which may reflect a strong financial position with lower financial risk due to reduced interest payments and debt obligations. However, it's important to note that having a zero debt-to-capital ratio may not always be favorable as having some level of debt could help the company benefit from tax advantages and optimize its capital structure for efficient operations and growth.
Peer comparison
Dec 31, 2024