Hertz Global Holdings Stock Working Capital

HTZ Stock

USD 4.07 0.18 4.63%

Hertz Global Holdings fundamentals help investors to digest information that contributes to Hertz Global's financial success or failures. It also enables traders to predict the movement of Hertz Stock. The fundamental analysis module provides a way to measure Hertz Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hertz Global stock.

	Last Reported	Projected for Next Year
Net Working Capital	-699 M	-664 M
Change In Working Capital	-371 M	-352.4 M

Net Working Capital is likely to rise to about (664 M) in 2024. Change In Working Capital is likely to rise to about (352.4 M) in 2024.

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Hertz Global Holdings Company Working Capital Analysis

Hertz Global's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Hertz Global Working Capital

(699 M)

Most of Hertz Global's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hertz Global Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hertz Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Hertz Global is extremely important. It helps to project a fair market value of Hertz Stock properly, considering its historical fundamentals such as Working Capital. Since Hertz Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hertz Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hertz Global's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Total Liab	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Short Term Investments	Short Term Debt	Net Tangible Assets	Long Term Debt	Net Invested Capital	Short Long Term Debt	Net Working Capital	Property Plant Equipment	Capital Stock	Capital Surpluse	Deferred Long Term Liab	Treasury Stock
Total Assets		0.4	0.98	0.73	0.19	0.2	0.11	0.51	0.12	0.39	0.32	-0.14	-0.02	0.0	0.25	0.33	0.39	0.17	-0.15	0.24	0.17	0.24	0.28	-0.23
Total Stockholder Equity	0.4		0.22	0.46	0.4	0.02	0.12	0.17	-0.32	0.1	0.78	0.03	-0.45	0.43	0.69	0.39	0.55	0.21	0.02	0.23	0.44	0.28	0.37	-0.29
Total Liab	0.98	0.22		0.7	0.14	0.22	0.12	0.53	0.18	0.41	0.16	-0.17	0.07	-0.08	0.1	0.29	0.31	0.13	-0.17	0.2	0.07	0.19	0.21	-0.18
Net Debt	0.73	0.46	0.7		0.67	0.19	0.5	0.51	-0.33	0.44	0.06	-0.15	-0.2	0.16	0.25	0.76	0.83	0.4	-0.37	0.26	-0.01	0.3	0.32	-0.26
Retained Earnings	0.19	0.4	0.14	0.67		0.13	0.42	0.19	-0.68	0.25	0.1	-0.1	-0.56	0.39	0.31	0.54	0.76	0.74	-0.71	0.52	0.07	0.53	0.53	-0.53
Accounts Payable	0.2	0.02	0.22	0.19	0.13		0.47	0.3	0.1	0.33	0.14	-0.99	-0.25	0.29	-0.12	0.12	0.07	0.03	-0.01	-0.16	-0.2	-0.12	-0.14	0.15
Net Receivables	0.11	0.12	0.12	0.5	0.42	0.47		0.19	-0.28	0.52	-0.11	-0.53	-0.5	0.62	-0.38	0.69	0.53	0.21	-0.21	-0.4	-0.69	-0.27	-0.37	0.41
Good Will	0.51	0.17	0.53	0.51	0.19	0.3	0.19		0.03	0.79	0.15	-0.29	-0.11	0.16	-0.02	0.1	0.09	0.1	-0.1	-0.01	-0.03	0.06	0.03	0.02
Total Current Assets	0.12	-0.32	0.18	-0.33	-0.68	0.1	-0.28	0.03		0.09	-0.03	-0.08	0.41	-0.36	-0.12	-0.51	-0.55	-0.54	0.53	-0.24	-0.05	-0.42	-0.42	0.25
Intangible Assets	0.39	0.1	0.41	0.44	0.25	0.33	0.52	0.79	0.09		0.12	-0.36	-0.4	0.51	-0.26	0.19	0.16	0.19	-0.16	-0.27	-0.47	-0.21	-0.32	0.27
Common Stock	0.32	0.78	0.16	0.06	0.1	0.14	-0.11	0.15	-0.03	0.12		-0.1	-0.5	0.52	0.49	-0.08	0.04	0.03	0.11	0.22	0.46	0.18	0.31	-0.29
Current Deferred Revenue	-0.14	0.03	-0.17	-0.15	-0.1	-0.99	-0.53	-0.29	-0.08	-0.36	-0.1		0.26	-0.34	0.22	-0.15	-0.05	0.01	-0.02	0.27	0.3	0.21	0.24	-0.25
Short Term Investments	-0.02	-0.45	0.07	-0.2	-0.56	-0.25	-0.5	-0.11	0.41	-0.4	-0.5	0.26		-0.89	-0.02	-0.14	-0.29	-0.64	0.56	-0.12	0.12	-0.32	-0.16	0.1
Short Term Debt	0.0	0.43	-0.08	0.16	0.39	0.29	0.62	0.16	-0.36	0.51	0.52	-0.34	-0.89		-0.21	0.25	0.2	0.31	-0.26	-0.22	-0.37	-0.07	-0.15	0.19
Net Tangible Assets	0.25	0.69	0.1	0.25	0.31	-0.12	-0.38	-0.02	-0.12	-0.26	0.49	0.22	-0.02	-0.21		0.05	0.41	0.23	0.0	0.63	0.83	0.53	0.65	-0.68
Long Term Debt	0.33	0.39	0.29	0.76	0.54	0.12	0.69	0.1	-0.51	0.19	-0.08	-0.15	-0.14	0.25	0.05		0.88	0.15	-0.09	-0.16	-0.32	-0.09	-0.05	0.12
Net Invested Capital	0.39	0.55	0.31	0.83	0.76	0.07	0.53	0.09	-0.55	0.16	0.04	-0.05	-0.29	0.2	0.41	0.88		0.5	-0.36	0.22	0.0	0.29	0.29	-0.25
Short Long Term Debt	0.17	0.21	0.13	0.4	0.74	0.03	0.21	0.1	-0.54	0.19	0.03	0.01	-0.64	0.31	0.23	0.15	0.5		-0.93	0.53	0.13	0.78	0.52	-0.45
Net Working Capital	-0.15	0.02	-0.17	-0.37	-0.71	-0.01	-0.21	-0.1	0.53	-0.16	0.11	-0.02	0.56	-0.26	0.0	-0.09	-0.36	-0.93		-0.56	-0.04	-0.76	-0.55	0.47
Property Plant Equipment	0.24	0.23	0.2	0.26	0.52	-0.16	-0.4	-0.01	-0.24	-0.27	0.22	0.27	-0.12	-0.22	0.63	-0.16	0.22	0.53	-0.56		0.75	0.85	0.95	-0.98
Capital Stock	0.17	0.44	0.07	-0.01	0.07	-0.2	-0.69	-0.03	-0.05	-0.47	0.46	0.3	0.12	-0.37	0.83	-0.32	0.0	0.13	-0.04	0.75		0.67	0.8	-0.77
Capital Surpluse	0.24	0.28	0.19	0.3	0.53	-0.12	-0.27	0.06	-0.42	-0.21	0.18	0.21	-0.32	-0.07	0.53	-0.09	0.29	0.78	-0.76	0.85	0.67		0.9	-0.78
Deferred Long Term Liab	0.28	0.37	0.21	0.32	0.53	-0.14	-0.37	0.03	-0.42	-0.32	0.31	0.24	-0.16	-0.15	0.65	-0.05	0.29	0.52	-0.55	0.95	0.8	0.9		-0.94
Treasury Stock	-0.23	-0.29	-0.18	-0.26	-0.53	0.15	0.41	0.02	0.25	0.27	-0.29	-0.25	0.1	0.19	-0.68	0.12	-0.25	-0.45	0.47	-0.98	-0.77	-0.78	-0.94

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Hertz Global

Working Capital Over Time

Hertz Net Invested Capital

Net Invested Capital

16.99 Billion

At this time, Hertz Global's Net Invested Capital is fairly stable compared to the past year.

According to the company's disclosures, Hertz Global Holdings has a Working Capital of (699 Million). This is 316.94% lower than that of the Ground Transportation sector and 58.5% lower than that of the Industrials industry. The working capital for all United States stocks is 147.29% higher than that of the company.

Hertz Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hertz Global's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hertz Global could also be used in its relative valuation, which is a method of valuing Hertz Global by comparing valuation metrics of similar companies.

Hertz Global is currently under evaluation in working capital category among its peers.

Hertz Global ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hertz Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hertz Global's managers, analysts, and investors.

Environmental

Governance

Social

Hertz Fundamentals

	Return On Equity	-1.34
	Return On Asset	-0.0321
	Profit Margin	(0.30) %
	Operating Margin	(0.02) %
	Current Valuation	19.72 B
	Shares Outstanding	306.69 M
	Shares Owned By Insiders	2.70 %
	Shares Owned By Institutions	91.76 %
	Number Of Shares Shorted	43.04 M
	Price To Earning	20.51 X
	Price To Book	1.83 X
	Price To Sales	0.14 X
	Revenue	9.37 B
	Gross Profit	3.18 B
	EBITDA	3.64 B
	Net Income	616 M
	Cash And Equivalents	1.15 B
	Cash Per Share	3.45 X
	Total Debt	17.83 B
	Debt To Equity	5.30 %
	Current Ratio	1.84 X
	Book Value Per Share	2.22 X
	Cash Flow From Operations	2.47 B
	Short Ratio	10.24 X
	Earnings Per Share	(8.97) X
	Price To Earnings To Growth	(0.24) X
	Target Price	3.31
	Number Of Employees	27 K
	Beta	2.04
	Market Capitalization	1.25 B
	Total Asset	24.61 B
	Retained Earnings	360 M
	Working Capital	(699 M)
	Current Asset	3.43 B
	Current Liabilities	21.99 B
	Net Asset	24.61 B

About Hertz Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hertz Global Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hertz Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hertz Global Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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