Herc Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Herc Holdings has a total shareholder equity of $1.4B and total debt of $3.9B, which brings its debt-to-equity ratio to 287.4%. Its total assets and total liabilities are $7.6B and $6.2B respectively. Herc Holdings's EBIT is $679.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $70.0M.
Key information
287.4%
Debt to equity ratio
US$3.91b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$70.00m |
| Equity | US$1.36b |
| Total liabilities | US$6.21b |
| Total assets | US$7.58b |
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
Returns 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 14Returns Are Gaining Momentum At Herc Holdings (NYSE:HRI)
Nov 29Herc Holdings (NYSE:HRI) Has A Somewhat Strained Balance Sheet
Nov 09Herc Holdings Benefits From Roll-Up Logic
Oct 27Herc Q3 2022 Earnings Preview
Oct 19If EPS Growth Is Important To You, Herc Holdings (NYSE:HRI) Presents An Opportunity
Sep 10Financial Position Analysis
Short Term Liabilities: HRI's short term assets ($717.0M) exceed its short term liabilities ($585.0M).
Long Term Liabilities: HRI's short term assets ($717.0M) do not cover its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: HRI's net debt to equity ratio (282.2%) is considered high.
Reducing Debt: HRI's debt to equity ratio has reduced from 363.3% to 287.4% over the past 5 years.
Debt Coverage: HRI's debt is well covered by operating cash flow (28.8%).
Interest Coverage: HRI's interest payments on its debt are not well covered by EBIT (2.8x coverage).