Hertz Net Working Capital from 2010 to 2024

HTZ Stock  USD 4.89  0.02  0.41%   
Hertz Global Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hertz Global Net Working Capital regression line of annual values had r-squared of  0.02 and arithmetic mean of  890,930,000. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-699 M
Current Value
-664 M
Quarterly Volatility
801.8 M
 
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 0.0332 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Hertz Global Holdings over the last few years. It is Hertz Global's Net Working Capital 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.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Hertz Net Working Capital Regression Statistics

Arithmetic Mean890,930,000
Geometric Mean999,290,185
Coefficient Of Variation89.99
Mean Deviation444,846,667
Median867,000,000
Standard Deviation801,785,972
Sample Variance642860.7T
Range3.4B
R-Value(0.14)
Mean Square Error678994.5T
R-Squared0.02
Significance0.62
Slope(24,865,536)
Total Sum of Squares9000050.4T

Hertz Net Working Capital History

2024-664 M
2023-699 M
20221.7 B
20212.7 B
20201.2 B
20191.2 B
2018B

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 Net Working Capital, 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
Net Working Capital-699 M-664 M

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.
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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
0.17
Revenue Per Share
30.434
Quarterly Revenue Growth
0.016
Return On Assets
0.0031
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.