HTZWW Stock | | | USD 2.33 0.13 5.91% |
Hertz Global financial indicator trend analysis is much more than just examining Hertz Global Hldgs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hertz Global Hldgs is a good investment. Please check the relationship between Hertz Global Ebit Per Revenue and its Cost Of Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Ebit Per Revenue vs Cost Of Revenue
Ebit Per Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hertz Global Hldgs Ebit Per Revenue account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hertz Global's Ebit Per Revenue and Cost Of Revenue is -0.49. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Hertz Global Hldgs, assuming nothing else is changed. The correlation between historical values of Hertz Global's Ebit Per Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Hertz Global Hldgs are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit Per Revenue i.e., Hertz Global's Ebit Per Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Ebit Per Revenue
Cost Of Revenue
Cost of Revenue is found on Hertz Global Hldgs income statement and represents the costs associated with goods and services Hertz Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Hertz Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hertz Global Hldgs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Sales General And Administrative To Revenue is likely to climb to 0.09 in 2024, whereas
Selling General Administrative is likely to drop slightly above 584.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Cost Of Revenue | 4.6B | 5.7B | 7.6B | 6.3B | EBITDA | 1.3B | 3.8B | 3.6B | 3.8B |
Hertz Global fundamental ratios Correlations
Click cells to compare fundamentals
Hertz Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hertz Global fundamental ratios Accounts
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Additional Tools for Hertz Stock Analysis
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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.