American Honda Finance leads captives with lowest debt-to-equity ratio | Auto Finance News | Auto Finance News

American Honda Finance leads captives with lowest debt-to-equity ratio

A man walks past Honda Motor Co. vehicles displayed outside a showroom at the company's headquarters in Tokyo, Japan, on Wednesday, May 8, 2019. Honda's annual operating profit fell short of the automaker’s own forecast, dragged down by a loss in the fourth quarter. Photographer: Toru Hanai/Bloomberg

American Honda Finance Corp.’s short-term debt rating was reaffirmed with a stable outlook by Fitch Ratings, thanks to a low corporate leverage ratio and credit losses, which are the lowest among its captive finance peers, Michael Taiano, Fitch senior director of the Financial Institutions Group, told Auto Finance News. “Honda Finance has the lowest debt […]

Get Auto Finance News Premium for as low as $8 per week!

Start your free one week trial today for access to the latest industry news and trends.

Subscribe

Latest Magazine Issue
Sign Up Email List