Harley-Davidson (BSP:H1OG34) LT-Debt-to-Total-Asset : 0.37 (As of Sep. 2024)

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What is Harley-Davidson LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Harley-Davidson's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.37.

Harley-Davidson's long-term debt to total assets ratio declined from Sep. 2023 (0.47) to Sep. 2024 (0.37). It may suggest that Harley-Davidson is progressively becoming less dependent on debt to grow their business.

Harley-Davidson LT-Debt-to-Total-Asset Historical Data

The historical data trend for Harley-Davidson's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Harley-Davidson LT-Debt-to-Total-Asset Chart

Harley-Davidson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.49

0.50

0.42

0.39

0.42

Harley-Davidson Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.42	0.41	0.39	0.37

Harley-Davidson LT-Debt-to-Total-Asset Calculation

Harley-Davidson's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	24706.918	/	59486.286
	=	0.42

Harley-Davidson's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	26534.158	/	72139.032
	=	0.37

Harley-Davidson (BSP:H1OG34) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Harley-Davidson LT-Debt-to-Total-Asset Related Terms

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Harley-Davidson Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Harley-Davidson Inc (BSP:H1OG34) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HOG:USA 1HOG:Italy 0QYY:UK HAR:Germany HOG:Austria HOG:Argentina

Address

3700 West Juneau Avenue, Milwaukee, WI, USA, 53208

Website

https://www.harley-davidson.com

Harley-Davidson is a leading global manufacturer of heavyweight motorcycles across the custom, cruising, and touring segments, as well as related merchandise, parts, and accessories. In recent years, the firm has expanded into the adventure touring market with its Pan America model and into electric with the LiveWire brand. Its captive finance arm, Harley-Davidson Financial Services, provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley captured around 38% of the heavyweight domestic market in 2023.

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