Herc Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Herc Holdings has a total shareholder equity of $1.5B and total debt of $4.2B, which brings its debt-to-equity ratio to 285.4%. Its total assets and total liabilities are $8.2B and $6.7B respectively. Herc Holdings's EBIT is $705.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $142.0M.
Key information
285.4%
Debt to equity ratio
US$4.22b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$142.00m |
| Equity | US$1.48b |
| Total liabilities | US$6.70b |
| Total assets | US$8.17b |
Recent financial health updates
Here's Why Herc Holdings (NYSE:HRI) Is Weighed Down By Its Debt Load
Jul 15
Herc Holdings (NYSE:HRI) Has A Somewhat Strained Balance Sheet
Apr 10Does Herc Holdings (NYSE:HRI) Have A Healthy Balance Sheet?
Dec 12Is Herc Holdings (NYSE:HRI) Using Too Much Debt?
Sep 01Is Herc Holdings (NYSE:HRI) A Risky Investment?
Jun 03These 4 Measures Indicate That Herc Holdings (NYSE:HRI) Is Using Debt Extensively
Feb 24Recent updates
Herc Holdings Inc. (NYSE:HRI) Doing What It Can To Lift Shares
Oct 09Herc Holdings: Favorable Outlook And Attractive Multiple Make It A Decent Buy
Sep 20Returns At Herc Holdings (NYSE:HRI) Are On The Way Up
Aug 25Are Investors Undervaluing Herc Holdings Inc. (NYSE:HRI) By 43%?
Aug 09Here's Why Herc Holdings (NYSE:HRI) Is Weighed Down By Its Debt Load
Jul 15Herc Holdings: Fundamental Are Strong, Should Own This Stock At The Current Levels
Jun 16Herc Holdings Inc.'s (NYSE:HRI) Subdued P/E Might Signal An Opportunity
Jun 13Herc Holdings (NYSE:HRI) Is Doing The Right Things To Multiply Its Share Price
May 13Herc Holdings (NYSE:HRI) Has A Somewhat Strained Balance Sheet
Apr 10Are Investors Undervaluing Herc Holdings Inc. (NYSE:HRI) By 30%?
Mar 27With EPS Growth And More, Herc Holdings (NYSE:HRI) Makes An Interesting Case
Feb 06Herc Holdings: Growth Built On Little Working Capital, Increasing Value Intrinsically
Feb 06We Like These Underlying Return On Capital Trends At Herc Holdings (NYSE:HRI)
Jan 24Herc Holdings Inc.'s (NYSE:HRI) Subdued P/E Might Signal An Opportunity
Jan 09Does Herc Holdings (NYSE:HRI) Have A Healthy Balance Sheet?
Dec 12Herc Holdings Inc.'s (NYSE:HRI) Intrinsic Value Is Potentially 87% Above Its Share Price
Nov 29Herc Holdings: Minor Studio Headwinds Outweighed By Megaprojects
Nov 13Do Herc Holdings' (NYSE:HRI) Earnings Warrant Your Attention?
Nov 02Herc Holdings' (NYSE:HRI) Returns On Capital Are Heading Higher
Oct 03Herc Holdings: Still Appealing Even Though Shares Are Underperforming
Sep 09Is Herc Holdings (NYSE:HRI) Using Too Much Debt?
Sep 01We Ran A Stock Scan For Earnings Growth And Herc Holdings (NYSE:HRI) Passed With Ease
Jul 27There's Been No Shortage Of Growth Recently For Herc Holdings' (NYSE:HRI) Returns On Capital
Jun 16Is Herc Holdings (NYSE:HRI) A Risky Investment?
Jun 03Herc Holdings Inc.'s (NYSE:HRI) Intrinsic Value Is Potentially 44% Above Its Share Price
May 15Here's Why Herc Holdings (NYSE:HRI) Has Caught The Eye Of Investors
Apr 16Returns Are Gaining Momentum At Herc Holdings (NYSE:HRI)
Mar 10These 4 Measures Indicate That Herc Holdings (NYSE:HRI) Is Using Debt Extensively
Feb 24Herc Holdings: Carl Icahn Is Quietly Exiting
Feb 23Herc GAAP EPS of $3.27 misses by $0.22, revenue of $786M beats by $12.71M, announces full year guidance
Feb 14Herc Holdings (NYSE:HRI) Is Paying Out A Larger Dividend Than Last Year
Feb 11Herc raises dividend by 10% to $0.6325
Feb 08Herc Holdings Inc.'s (NYSE:HRI) Intrinsic Value Is Potentially 59% Above Its Share Price
Feb 08Herc Holdings Inc.: Own This Infrastructure Play Bolstered By Strong Tailwinds
Dec 22Should You Be Adding Herc Holdings (NYSE:HRI) To Your Watchlist Today?
Dec 14Financial Position Analysis
Short Term Liabilities: HRI's short term assets ($851.0M) exceed its short term liabilities ($697.0M).
Long Term Liabilities: HRI's short term assets ($851.0M) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: HRI's net debt to equity ratio (275.8%) is considered high.
Reducing Debt: HRI's debt to equity ratio has reduced from 379% to 285.4% over the past 5 years.
Debt Coverage: HRI's debt is well covered by operating cash flow (28.1%).
Interest Coverage: HRI's interest payments on its debt are not well covered by EBIT (2.8x coverage).