Hertz Total Current Liabilities from 2010 to 2024

HTZ Stock  USD 5.80  0.34  6.23%   
Hertz Global Total Current Liabilities yearly trend continues to be fairly stable with very little volatility. Total Current Liabilities will likely drop to about 3 B in 2024. Total Current Liabilities is the total amount of liabilities that Hertz Global Holdings is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2006-09-30
Previous Quarter
2.1 B
Current Value
3.1 B
Quarterly Volatility
2.8 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 6.0E-4 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
This module can also supplement Hertz Global's financial leverage analysis and stock options assessment as well as various Hertz Global Technical models . Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Hertz Global Holdings over the last few years. Total Current Liabilities is an item on Hertz Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hertz Global Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Hertz Global's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hertz Global's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Pretty Stable
   Total Current Liabilities   
       Timeline  

Hertz Total Current Liabilities Regression Statistics

Arithmetic Mean2,988,128,139
Geometric Mean2,645,630,191
Coefficient Of Variation46.66
Mean Deviation1,081,270,300
Median2,574,000,000
Standard Deviation1,394,253,797
Sample Variance1943943.7T
Range4.6B
R-Value(0.21)
Mean Square Error1997156.5T
R-Squared0.05
Significance0.44
Slope(66,873,455)
Total Sum of Squares27215211.1T

Hertz Total Current Liabilities History

2024B
20233.1 B
20221.7 B
20211.6 B
2020B
20192.4 B
20182.6 B

About Hertz Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hertz Global income statement, its balance sheet, and the statement of cash flows. Hertz Global investors use historical funamental indicators, such as Hertz Global's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Hertz Global investors may use each financial statement separately, they are all related. The changes in Hertz Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hertz Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hertz Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities3.1 BB

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Hertz Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hertz Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hertz Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hertz Global Holdings Stock:
Check out the analysis of Hertz Global Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Hertz Stock analysis

When running Hertz Global's price analysis, check to measure Hertz Global's 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 Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Valuation
Check real value of public entities based on technical and fundamental data
Is Hertz Global's 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 Hertz Global. If investors know Hertz 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 Hertz Global 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
(0.31)
Earnings Share
1.39
Revenue Per Share
29.939
Quarterly Revenue Growth
0.073
Return On Assets
0.0201
The market value of Hertz Global Holdings is measured differently than its book value, which is the value of Hertz that is recorded on the company's balance sheet. Investors also form their own opinion of Hertz Global's value that differs from its market value or its book value, called intrinsic value, which is Hertz Global's 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 Hertz Global's market value can be influenced by many factors that don't directly affect Hertz Global's 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 Hertz Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hertz Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hertz Global's 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.