Hertz Global Holdings Stock Total Asset

HTZ Stock  USD 5.90  0.07  1.17%   
Hertz Global Holdings fundamentals help investors to digest information that contributes to Hertz Global's financial success or failures. It also enables traders to predict the movement of Hertz Stock. The fundamental analysis module provides a way to measure Hertz Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hertz Global stock.
Last ReportedProjected for Next Year
Total Assets24.6 B20.9 B
Intangibles To Total Assets 0.16  0.22 
Intangibles To Total Assets is likely to rise to 0.22 in 2024, whereas Total Assets are likely to drop slightly above 20.9 B in 2024.
  
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Hertz Global Holdings Company Total Asset Analysis

Hertz Global's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Hertz Global Total Asset

    
  24.61 B  
Most of Hertz Global's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hertz Global Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hertz Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Hertz Global is extremely important. It helps to project a fair market value of Hertz Stock properly, considering its historical fundamentals such as Total Asset. Since Hertz Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hertz Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hertz Global's interrelated accounts and indicators.
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Hertz Total Asset Historical Pattern

Today, most investors in Hertz Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hertz Global's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hertz Global total asset as a starting point in their analysis.
   Hertz Global Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Hertz Total Assets

Total Assets

20.86 Billion

At this time, Hertz Global's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Hertz Global Holdings has a Total Asset of 24.61 B. This is much higher than that of the Ground Transportation sector and 227.55% higher than that of the Industrials industry. The total asset for all United States stocks is 16.5% higher than that of the company.

Hertz Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hertz Global's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hertz Global could also be used in its relative valuation, which is a method of valuing Hertz Global by comparing valuation metrics of similar companies.
Hertz Global is currently under evaluation in total asset category among related companies.

Hertz Global Institutional Holders

Institutional Holdings refers to the ownership stake in Hertz Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hertz Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hertz Global's value.
Shares
Cpv Partners, Llc2023-12-31
3.2 M
Man Group Plc2023-12-31
3.2 M
Allianz Asset Management Ag2023-12-31
2.6 M
Morgan Stanley - Brokerage Accounts2023-12-31
2.4 M
Aqr Capital Management Llc2023-12-31
2.3 M
Geode Capital Management, Llc2023-12-31
2.3 M
Squarepoint Ops Llc2023-12-31
2.3 M
First Trust Advisors L.p.2023-12-31
1.9 M
Ameriprise Financial Inc2023-12-31
1.4 M
Knighthead Capital Management, Llc2023-12-31
181.5 M
Vanguard Group Inc2023-12-31
12.2 M

Hertz Fundamentals

About Hertz Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hertz Global Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hertz Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hertz Global Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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 Hertz Global Piotroski F Score and Hertz Global Altman Z Score analysis.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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
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.