Hertz Global Holdings, Inc.

Hertz Global Holdings, Inc.verified

HTZWW

Price:

$2.08

Market Cap:

$993.08M

Hertz Global Holdings, Inc. engages in the vehicle rental business through the Hertz, Dollar, and Thrifty brands. It operates under the Americas Rental Car (RAC) and International Rental Car (RAC) segments. The Americas RAC segment focuses on operations in the United States, Canada, Latin America, and the Caribbean. The International RAC segment includes the provision of rental and sales of vehicles and value-added services in other locations. The company was founded in 1918 and is headquartered in Estero, FL.[Read more]

Industry

Rental & Leasing Services

IPO Date

Stock Exchange

NASDAQ

Ticker

HTZWW

The Current Ratio as of October 2024 (TTM) for Hertz Global Holdings, Inc. (HTZWW) is 1.41

According to Hertz Global Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.41. This represents a change of 10.89% compared to the average of 1.27 of the last 4 quarters.

Hertz Global Holdings, Inc. (HTZWW) Historical Current Ratio (quarterly & annually)

How has HTZWW Current Ratio performed in the past?

The mean historical Current Ratio of Hertz Global Holdings, Inc. over the last ten years is 1.45. The current 1.41 Current Ratio has changed 9.65% with respect to the historical average. Over the past ten years (40 quarters), HTZWW's Current Ratio was at its highest in in the September 2021 quarter at 2.89. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.45

Median

1.49

Minimum

0.70

Maximum

2.78

Hertz Global Holdings, Inc. (HTZWW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hertz Global Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 85.36%

Maximum Annual Current Ratio = 2.78

Minimum Annual Increase = -62.06%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.77-62.06%
20222.04-26.59%
20212.7885.36%
20201.50-6.48%
20191.605.87%
20181.512.06%
20171.4815.82%
20161.2857.74%
20150.8115.90%
20140.70-1.35%

Hertz Global Holdings, Inc. (HTZWW) Average Current Ratio

How has HTZWW Current Ratio performed in the past?

The current Current Ratio of Hertz Global Holdings, Inc. (HTZWW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.87

5-year avg

1.74

10-year avg

1.45

Hertz Global Holdings, Inc. (HTZWW) Current Ratio vs. Peers

How is HTZWW’s Current Ratio compared to its peers?

Hertz Global Holdings, Inc.’s Current Ratio is less than Hertz Global Holdings, Inc. (1.41), greater than Avis Budget Group, Inc. (0.86), greater than Herc Holdings Inc. (1.23), greater than Digital World Acquisition Corp. (0.01), greater than Frontier Group Holdings, Inc. (0.52),

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