Hertz Total Assets vs Total Debt Analysis
HTZ Stock | USD 5.90 0.07 1.17% |
Trend analysis of Hertz Global Holdings balance sheet accounts such as Common Stock Shares Outstanding of 206.9 M or Liabilities And Stockholders Equity of 20.9 B provides information on Hertz Global's total assets, liabilities, and equity, which is the actual value of Hertz Global Holdings to its prevalent stockholders. By breaking down trends over time using Hertz Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Hertz |
About Hertz Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Hertz Global Holdings at a specified time, usually calculated after every quarter, six months, or one year. Hertz Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hertz Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hertz currently owns. An asset can also be divided into two categories, current and non-current.
Hertz Global Balance Sheet Chart
Hertz Global Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Hertz Global Holdings uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Hertz Global's Property Plant Equipment is fairly stable compared to the past year. Add Fundamental
Total Assets
Total assets refers to the total amount of Hertz Global assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hertz Global Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Hertz Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hertz Global 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 Hertz Global 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 estimate. Tax Provision is likely to drop to about (182.7 M) in 2024. Selling General Administrative is likely to drop to about 910.6 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 4.6B | 5.7B | 7.6B | 6.3B | EBITDA | 2.9B | 3.0B | 3.3B | 1.7B |
Hertz Global fundamental ratios Correlations
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Hertz Global Account Relationship Matchups
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Hertz Global fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.6B | 16.9B | 19.8B | 22.5B | 24.6B | 20.9B | |
Total Stockholder Equity | 1.9B | 56M | 3.0B | 2.6B | 3.1B | 1.7B | |
Common Stock Shares Outstanding | 117M | 150M | 315M | 403M | 326M | 206.9M | |
Liabilities And Stockholders Equity | 24.6B | 16.9B | 19.8B | 22.5B | 24.6B | 20.9B | |
Other Assets | 13.8B | 6.1B | 11.2B | 12.8B | 14.7B | 10.6B | |
Other Stockholder Equity | 3.0B | 2.9B | 5.5B | 3.2B | 3.0B | 3.1B | |
Total Liab | 22.7B | 16.8B | 16.8B | 19.9B | 21.5B | 19.0B | |
Short Long Term Debt Total | 18.9B | 7.9B | 12.4B | 15.7B | 17.8B | 15.2B | |
Other Current Liab | 1.3B | 1.4B | 1.0B | (414M) | 1.0B | 1.1B | |
Total Current Liabilities | 2.4B | 3.0B | 1.6B | 1.7B | 3.1B | 3.0B | |
Property Plant And Equipment Net | 16.4B | 8.4B | 11.4B | 15.0B | 17.6B | 13.9B | |
Net Debt | 18.1B | 6.8B | 10.2B | 14.7B | 17.1B | 14.1B | |
Retained Earnings | (967M) | (2.7B) | (2.3B) | (256M) | 360M | 378M | |
Accounts Payable | 943M | 418M | 572M | 657M | 701M | 666.0M | |
Cash | 865M | 1.1B | 2.3B | 943M | 764M | 1.0B | |
Non Current Assets Total | 20.7B | 12.4B | 15.4B | 19.0B | 22.2B | 18.5B | |
Non Currrent Assets Other | (1.1B) | 1.8B | (1.0B) | (1.4B) | 726M | 762.3M | |
Cash And Short Term Investments | 865M | 1.1B | 2.3B | 943M | 764M | 1.0B | |
Net Receivables | 1.8B | 777M | 758M | 974M | 1.2B | 1.2B | |
Non Current Liabilities Total | 20.3B | 13.8B | 15.2B | 18.1B | 18.4B | 17.1B | |
Inventory | 495M | 2.2B | 393M | 475M | (284M) | (269.8M) | |
Total Current Assets | 3.9B | 4.5B | 4.4B | 3.5B | 2.4B | 3.9B | |
Accumulated Other Comprehensive Income | (189M) | (212M) | (214M) | (294M) | (248M) | (235.6M) | |
Intangible Assets | 3.2B | 3.0B | 2.9B | 2.9B | 2.9B | 3.5B | |
Other Current Assets | 689M | 373M | 1.0B | 1.2B | 726M | 620.1M | |
Current Deferred Revenue | 160M | 136M | 880M | 1.4B | 1.6B | 1.6B | |
Other Liab | 1.7B | 1.2B | 2.8B | 2.4B | 2.8B | 2.1B | |
Net Tangible Assets | (2.6B) | (4.0B) | (980M) | (1.3B) | (1.5B) | (1.6B) | |
Long Term Debt | 16.6B | 6.1B | 10.8B | 13.7B | 14.3B | 10.5B | |
Net Invested Capital | 18.9B | 6.3B | 13.9B | 16.5B | 18.8B | 17.0B | |
Short Long Term Debt | 443M | 140M | 146M | 135M | 1.4B | 1.4B | |
Non Current Liabilities Other | 399M | 5.5B | 2.8B | 2.4B | 471M | 447.5M | |
Net Working Capital | 1.2B | 1.2B | 2.7B | 1.7B | (699M) | (664.1M) | |
Property Plant Equipment | 2.6B | 2.3B | 608M | 12.5B | 14.4B | 15.1B |
Hertz Global Investors Sentiment
The influence of Hertz Global's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hertz. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hertz Global's public news can be used to forecast risks associated with an investment in Hertz. The trend in average sentiment can be used to explain how an investor holding Hertz can time the market purely based on public headlines and social activities around Hertz Global Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hertz Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hertz Global's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hertz Global's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hertz Global.
Hertz Global Implied Volatility | 96.83 |
Hertz Global's implied volatility exposes the market's sentiment of Hertz Global Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hertz Global's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hertz Global stock will not fluctuate a lot when Hertz Global's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hertz Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hertz Global's short interest history, or implied volatility extrapolated from Hertz Global options trading.
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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.