Hertz Cash Ratio from 2010 to 2024

HTZ Stock  USD 4.58  0.51  12.53%   
Hertz Global Cash Ratio yearly trend continues to be fairly stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hertz Global Cash Ratio regression line of annual values had r-squared of  0.15 and arithmetic mean of  0.56. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
1.08987161
Current Value
1.14
Quarterly Volatility
0.46376062
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0332 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Hertz Global Holdings over the last few years. It is Hertz Global's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hertz Global's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Hertz Cash Ratio Regression Statistics

Arithmetic Mean0.56
Geometric Mean0.38
Coefficient Of Variation83.48
Mean Deviation0.37
Median0.43
Standard Deviation0.46
Sample Variance0.22
Range1.3349
R-Value0.39
Mean Square Error0.20
R-Squared0.15
Significance0.15
Slope0.04
Total Sum of Squares3.01

Hertz Cash Ratio History

2024 1.14
2023 1.09
2022 0.54
2021 1.42
2020 0.37
2019 0.36
2018 0.44

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Cash Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Ratio 1.09  1.14 

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Additional Tools for Hertz Stock Analysis

When running Hertz Global's price analysis, check to measure Hertz Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.