Harley-Davidson Inc (HOG)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 3.75 | 3.80 | 3.71 | 3.70 | 3.73 | 3.76 | 3.77 | 3.89 | 3.95 | 4.20 | 4.60 | 4.34 | 4.33 | 4.80 | 4.99 | 5.74 | 6.97 | 7.08 | 8.10 | 6.58 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,881,600K ÷ $3,166,050K
= 3.75
The financial leverage ratio of Harley-Davidson Inc has shown a declining trend over the past few years, indicating an improvement in the company's overall financial stability. The ratio decreased from 6.58 as of March 31, 2020, to 3.75 as of December 31, 2024. This suggests that the company has been reducing its reliance on debt to finance its operations and investments, which is generally viewed positively by investors and creditors. A lower financial leverage ratio typically indicates lower financial risk and greater ability to weather economic downturns. Overall, the decreasing trend in Harley-Davidson's financial leverage ratio demonstrates improving financial health and may enhance the company's long-term sustainability.
Peer comparison
Dec 31, 2024