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GuruFocus has detected 1 Warning Sign with Harley-Davidson Inc $HOG.
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Harley-Davidson Inc (NYSE:HOG)
LT-Debt-to-Total-Asset
0.52 (As of Mar. 2017)

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 divide by its total assets. Harley-Davidson Inc's long-term debt to total assests ratio for the quarter that ended in Mar. 2017 was 0.52.

Harley-Davidson Inc's long-term debt to total assets ratio declined from Mar. 2016 (0.52) to Mar. 2017 (0.52). It may suggest that Harley-Davidson Inc is progressively becoming less dependent on debt to grow their business.


Definition

Harley-Davidson Inc's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )=Long-Term Debt (A: Dec. 2016 )/Total Assets (A: Dec. 2016 )
=4666.975/9890.24
=0.47

Harley-Davidson Inc's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

LT Debt to Total Assets (Q: Mar. 2017 )=Long-Term Debt (Q: Mar. 2017 )/Total Assets (Q: Mar. 2017 )
=5320.797/10281.855
=0.52

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Long-Term Debt, Total Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Harley-Davidson Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ltd2asset 0.170.280.450.480.400.480.360.400.490.47

Harley-Davidson Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ltd2asset 0.400.420.430.470.490.520.510.510.470.52
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