Hertz Debt Equity Ratio from 2010 to 2024

HTZ Stock  USD 4.07  0.18  4.63%   
Hertz Global Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hertz Global Debt Equity Ratio regression line of annual values had r-squared of  0.04 and arithmetic mean of  14.26. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
5.07470893
Current Value
9.43
Quarterly Volatility
27.17069499
 
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 Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Hertz Global Holdings over the last few years. It is Hertz Global's Debt Equity 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.
Debt Equity Ratio10 Years Trend
Pretty Stable
   Debt Equity Ratio   
       Timeline  

Hertz Debt Equity Ratio Regression Statistics

Arithmetic Mean14.26
Geometric Mean8.14
Coefficient Of Variation190.59
Mean Deviation13.06
Median7.23
Standard Deviation27.17
Sample Variance738.25
Range108
R-Value0.20
Mean Square Error763.08
R-Squared0.04
Significance0.47
Slope1.22
Total Sum of Squares10,335

Hertz Debt Equity Ratio History

2024 9.43
2023 5.07
2022 5.04
2021 3.5
2020 111.91
2019 9.05
2018 14.58

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Debt Equity 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
Debt Equity Ratio 5.07  9.43 

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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.