Hertz Global Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Hertz Global Holdings has a total shareholder equity of $2.8B and total debt of $15.7B, which brings its debt-to-equity ratio to 559.9%. Its total assets and total liabilities are $24.3B and $21.5B respectively. Hertz Global Holdings's EBIT is $118.0M making its interest coverage ratio 0.1. It has cash and short-term investments of $471.0M.
Key information
559.9%
Debt to equity ratio
US$15.74b
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$471.00m |
| Equity | US$2.81b |
| Total liabilities | US$21.50b |
| Total assets | US$24.31b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) Earnings
Apr 08
Hertz: The Tesla Pain Continues
Mar 20Hertz: Take The Wheel, Contrarians
Mar 01Earnings Troubles May Signal Larger Issues for Hertz Global Holdings (NASDAQ:HTZ) Shareholders
Feb 13Hertz: Scaling Back EVs But Challenges Remain
Jan 12Hertz Global Holdings, Inc. (NASDAQ:HTZ) Held Back By Insufficient Growth Even After Shares Climb 28%
Dec 28There's Been No Shortage Of Growth Recently For Hertz Global Holdings' (NASDAQ:HTZ) Returns On Capital
Nov 24Hertz Global Holdings' (NASDAQ:HTZ) Returns On Capital Are Heading Higher
Jul 31Do Hertz Global Holdings' (NASDAQ:HTZ) Earnings Warrant Your Attention?
Jul 05Investors Will Want Hertz Global Holdings' (NASDAQ:HTZ) Growth In ROCE To Persist
Apr 14Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) Business And Shares Still Trailing The Market
Dec 09Returns Are Gaining Momentum At Hertz Global Holdings (NASDAQ:HTZ)
Nov 184 stocks to watch on Tuesday: Hertz, Avidity Biosciences and more
Sep 27Hertz: Financial Resurgence And The EV Catalyst
Aug 15Hertz Global Holdings Q2 2022 Earnings Preview
Jul 27Hertz Global Holdings (NASDAQ:HTZ) Is Experiencing Growth In Returns On Capital
Jul 22Hertz's Stock Price Simply Doesn't Make Sense
May 25Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) Intrinsic Value Is Potentially 36% Above Its Share Price
Apr 03Is Hertz Global Holdings, Inc. (NASDAQ:HTZ) Trading At A 38% Discount?
Dec 15Here's How Hertz Might Save Itself From A Catastrophic End
Nov 22Financial Position Analysis
Short Term Liabilities: HTZ's short term assets ($2.9B) do not cover its short term liabilities ($4.2B).
Long Term Liabilities: HTZ's short term assets ($2.9B) do not cover its long term liabilities ($17.3B).
Debt to Equity History and Analysis
Debt Level: HTZ's net debt to equity ratio (543.1%) is considered high.
Reducing Debt: HTZ's debt to equity ratio has reduced from 1717.1% to 559.9% over the past 5 years.
Debt Coverage: HTZ's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: HTZ's interest payments on its debt are not well covered by EBIT (0.1x coverage).