Harley-Davidson Inc (HOG)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,166,050K
= 0.00
The debt-to-equity ratio of Harley-Davidson Inc has consistently been reported as 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not reported any debt on its balance sheet relative to its equity during this period. A debt-to-equity ratio of 0.00 signifies that the company is not relying on external debt financing to fund its operations and growth, and is primarily financed by equity. While a low or zero debt-to-equity ratio can suggest financial stability and low financial risk, it may also indicate missed opportunities for tax benefits from debt financing or potential underutilization of leverage to maximize returns for shareholders. It would be essential to analyze the company's overall financial strategy and performance in conjunction with other financial metrics to understand the implications of such a consistent debt-to-equity ratio over time.
Peer comparison
Dec 31, 2024