Harley-Davidson Balance Sheet Health
Financial Health criteria checks 3/6
Harley-Davidson has a total shareholder equity of $3.3B and total debt of $7.2B, which brings its debt-to-equity ratio to 216.1%. Its total assets and total liabilities are $12.3B and $9.0B respectively. Harley-Davidson's EBIT is $748.5M making its interest coverage ratio -36.7. It has cash and short-term investments of $1.5B.
Key information
216.1%
Debt to equity ratio
US$7.21b
Debt
Interest coverage ratio | -36.7x |
Cash | US$1.46b |
Equity | US$3.34b |
Total liabilities | US$9.00b |
Total assets | US$12.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOG's short term assets ($5.4B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: HOG's short term assets ($5.4B) do not cover its long term liabilities ($5.5B).
Debt to Equity History and Analysis
Debt Level: HOG's net debt to equity ratio (172.2%) is considered high.
Reducing Debt: HOG's debt to equity ratio has reduced from 406.6% to 216.1% over the past 5 years.
Debt Coverage: HOG's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: HOG earns more interest than it pays, so coverage of interest payments is not a concern.