American Honda Finance Corporation (AHFC) is a California corporation that was incorporated on February 6, 1980. Unless otherwise indicated by the context, all references to the “Company”, “we”, “us”, and “our” in this report include AHFC and its consolidated subsidiaries, and references to “AHFC” refer solely to American Honda Finance Corporation (excluding its subsidiaries). AHFC is a wholly-owned subsidiary of American Honda Motor Co. Inc. (AHM). Honda Canada Finance Inc. (HCFI) is a majority-owned subsidiary of AHFC. Noncontrolling interest in HCFI is held by Honda Canada Inc. (HCI), an affiliate of AHFC. AHM is a wholly-owned subsidiary and HCI is an indirect wholly-owned subsidiary of Honda Motor Co. Ltd. (HMC). AHM and HCI are the sole authorized distributors of Honda and Acura products including motor vehicles, parts, and accessories in the United States and Canada. AHFC’s principal executive offices are located at 20800 Madrona Avenue, Torrance, California 90503. We provide various forms of financing in the United States and Canada to purchasers and lessees of Honda and Acura products and authorized independent dealers of Honda and Acura products. Our primary focus, in collaboration with AHM and HCI, is to provide support for the sale of Honda and Acura products and maintain customer and dealer satisfaction and loyalty. Our business is substantially dependent upon the sale of those Honda and Acura products in the United States and Canada and the percentage of those sales financed by us.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Latest filings (excl ownership)
FWP
Free writing prospectus
25 Apr 24
424B2
Prospectus for primary offering
9 Apr 24
FWP
Free writing prospectus
9 Apr 24
FWP
Free writing prospectus
8 Apr 24
8-K
Entry into a Material Definitive Agreement
28 Mar 24
424B2
Prospectus for primary offering
12 Mar 24
FWP
Free writing prospectus
11 Mar 24
FWP
Free writing prospectus
11 Mar 24
FWP
Free writing prospectus
11 Mar 24
8-K
Entry into a Material Definitive Agreement
27 Feb 24
Latest ownership filings
No filings
Financial summary
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Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn | 1.59 bn |
Cash burn (monthly) | 45.67 mm | 120.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 313.82 mm | 828.08 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.28 bn | 765.92 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 28.0 | 6.4 | n/a | n/a | n/a | n/a |