Harley-Davidson Inc (HOG)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 3,166,050 | 3,431,310 | 3,437,760 | 3,337,720 | 3,252,810 | 3,311,270 | 3,189,860 | 3,095,850 | 2,906,810 | 2,840,210 | 2,635,150 | 2,509,100 | 2,553,240 | 2,333,890 | 2,184,270 | 1,976,390 | 1,722,780 | 1,769,900 | 1,623,700 | 1,691,980 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,166,050K)
= 0.00
The debt-to-capital ratio for Harley-Davidson Inc has consistently remained at 0.00% across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or growth during the mentioned periods. A debt-to-capital ratio of 0.00% typically implies that the company's capital structure is predominantly equity-funded, which can be seen as a positive sign as it signifies lower financial risk and potential interest cost savings. However, it's important to note that while a low debt-to-capital ratio may indicate financial stability, it may also suggest underutilization of debt as a tool for potential growth and leveraging opportunities.
Peer comparison
Dec 31, 2024