Herc Net Receivables vs Total Liab Analysis
HRI Stock | USD 154.70 1.02 0.66% |
Herc Holdings financial indicator trend analysis is much more than just examining Herc Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herc Holdings is a good investment. Please check the relationship between Herc Holdings Net Receivables and its Total Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.
Net Receivables vs Total Liab
Net Receivables vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Herc Holdings Net Receivables account and Total Liab. At this time, the significance of the direction appears to have totally related.
The correlation between Herc Holdings' Net Receivables and Total Liab is 1.0. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Liab in the same time period over historical financial statements of Herc Holdings, assuming nothing else is changed. The correlation between historical values of Herc Holdings' Net Receivables and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Herc Holdings are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Receivables i.e., Herc Holdings' Net Receivables and Total Liab go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Herc Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herc Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.The Herc Holdings' current Tax Provision is estimated to increase to about 125 M, while Selling General Administrative is projected to decrease to under 396.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 379.9M | 558.9M | 663M | 629.9M | Other Operating Expenses | 1.7B | 2.2B | 2.6B | 2.5B |
Herc Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Herc Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Herc Holdings fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 3.6B | 4.5B | 6.0B | 7.5B | 7.1B | |
Total Current Liabilities | 323.1M | 328M | 529.9M | 604M | 508M | 482.6M | |
Total Stockholder Equity | 644.3M | 742M | 976.9M | 1.1B | 1.3B | 1.2B | |
Property Plant And Equipment Net | 3.0B | 2.8B | 3.4B | 4.4B | 5.0B | 4.7B | |
Net Debt | 2.4B | 2.0B | 2.4B | 3.6B | 4.4B | 4.6B | |
Retained Earnings | (351.2M) | (277.5M) | (53.4M) | 224.1M | 498M | 522.9M | |
Accounts Payable | 126.5M | 125.8M | 280.6M | 318.3M | 212M | 201.4M | |
Non Current Assets Total | 3.4B | 3.2B | 4.0B | 5.3B | 6.7B | 6.4B | |
Other Assets | 2.5B | 2.5B | 2.7B | 34.1M | 30.7M | 29.2M | |
Net Receivables | 306.7M | 301.2M | 388.1M | 522.5M | 563M | 534.9M | |
Good Will | 385.1M | 396.4M | 231.5M | 418.7M | 483M | 458.9M | |
Common Stock Shares Outstanding | 29.1M | 29.4M | 30.4M | 30.2M | 28.7M | 27.3M | |
Liabilities And Stockholders Equity | 3.8B | 3.6B | 4.5B | 6.0B | 7.5B | 7.1B | |
Non Current Liabilities Total | 2.8B | 2.5B | 3.0B | 4.2B | 5.7B | 5.4B | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.0B | 893M | 848.4M | |
Total Liab | 3.2B | 2.8B | 3.5B | 4.8B | 6.2B | 5.9B | |
Total Current Assets | 399.7M | 367.1M | 469.7M | 643.5M | 732M | 695.4M | |
Accumulated Other Comprehensive Income | (109.7M) | (107M) | (100.2M) | (128.5M) | (118M) | (112.1M) | |
Intangible Assets | 291.5M | 295.9M | 388.7M | 431.4M | 467M | 443.7M | |
Other Current Liab | 124.4M | 140.8M | 181.7M | 208.3M | 222M | 142.0M | |
Net Tangible Assets | 259.2M | 345.6M | 356.7M | 258.6M | 297.4M | 312.3M | |
Non Currrent Assets Other | 23.1M | 18.2M | 13.1M | 34.1M | 418M | 438.9M | |
Long Term Debt | 2.1B | 1.6B | 1.9B | 2.9B | 3.7B | 3.9B | |
Retained Earnings Total Equity | (351.2M) | (277.5M) | (53.4M) | 224.1M | 257.7M | 270.6M | |
Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 1.6B | 1.9B | |
Deferred Long Term Liab | 576.9M | 474M | 536.8M | 646.5M | 581.9M | 1.0B | |
Property Plant And Equipment Gross | 3.0B | 2.8B | 3.4B | 4.4B | 7.3B | 7.7B | |
Short Term Debt | 60.9M | 47.9M | 53.9M | 58M | 56M | 53.2M | |
Property Plant Equipment | 311.8M | 2.3B | 2.7B | 3.5B | 4.0B | 4.2B | |
Short Long Term Debt Total | 2.4B | 2.0B | 2.5B | 3.6B | 4.5B | 2.5B | |
Current Deferred Revenue | 11.3M | 13.5M | 13.7M | 19.4M | 18M | 14.9M | |
Other Current Assets | 60M | 32.9M | 46.5M | 67.5M | 98M | 57.1M | |
Other Liab | 498.3M | 518.3M | 568.9M | 686.7M | 789.7M | 583.8M |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running Herc Holdings' price analysis, check to measure Herc Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herc Holdings is operating at the current time. Most of Herc Holdings' value examination focuses on studying past and present price action to predict the probability of Herc Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herc Holdings' price. Additionally, you may evaluate how the addition of Herc Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Herc Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.004 | Dividend Share 2.563 | Earnings Share 12.1 | Revenue Per Share 118.129 | Quarterly Revenue Growth 0.086 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.