Hertz Capital Stock vs Retained Earnings Analysis
| HTZWW Stock | USD 3.21 0.09 2.73% |
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 Capital Stock and its Retained Earnings 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 tightly coupled with the direction of predictive economic indicators such as signals in housing.
Capital Stock vs Retained Earnings
Capital Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hertz Global Hldgs Capital Stock account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.
The correlation between Hertz Global's Capital Stock and Retained Earnings is 0.07. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Retained Earnings 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 Capital Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Hertz Global Hldgs are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Stock i.e., Hertz Global's Capital Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.07 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 tightly coupled 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 | 2.9B | 3.0B | 3.3B | 1.7B |
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
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 24.6B | 16.9B | 19.8B | 22.5B | 24.6B | 20.9B | |
| Total Stockholder Equity | 1.9B | 56M | 3.0B | 2.6B | 3.1B | 1.7B | |
| Common Stock Shares Outstanding | 117M | 150M | 315M | 403M | 326M | 206.9M | |
| Liabilities And Stockholders Equity | 24.6B | 16.9B | 19.8B | 22.5B | 24.6B | 20.9B | |
| Other Stockholder Equity | 3.0B | 2.9B | 5.5B | 3.2B | 3.0B | 3.1B | |
| Total Liab | 22.7B | 16.8B | 16.8B | 19.9B | 21.5B | 19.0B | |
| Short Long Term Debt Total | 18.9B | 7.9B | 12.4B | 15.7B | 17.8B | 15.2B | |
| Other Current Liab | 1.3B | 1.4B | 1.0B | (414M) | 1.0B | 1.1B | |
| Total Current Liabilities | 2.4B | 3.0B | 1.6B | 1.7B | 3.1B | 3.0B | |
| Property Plant And Equipment Net | 16.4B | 8.4B | 11.4B | 15.0B | 17.6B | 13.9B | |
| Net Debt | 18.1B | 6.8B | 10.2B | 14.7B | 17.1B | 14.1B | |
| Retained Earnings | (967M) | (2.7B) | (2.3B) | (256M) | 360M | 378M | |
| Accounts Payable | 943M | 418M | 572M | 657M | 701M | 666.0M | |
| Cash | 865M | 1.1B | 2.3B | 943M | 764M | 1.0B | |
| Non Current Assets Total | 20.7B | 12.4B | 15.4B | 19.0B | 22.2B | 18.5B | |
| Non Currrent Assets Other | (1.1B) | 1.8B | (1.0B) | (1.4B) | 726M | 762.3M | |
| Cash And Short Term Investments | 865M | 1.1B | 2.3B | 943M | 764M | 1.0B | |
| Net Receivables | 1.8B | 777M | 758M | 974M | 1.2B | 1.2B | |
| Non Current Liabilities Total | 20.3B | 13.8B | 15.2B | 18.1B | 18.4B | 17.1B | |
| Inventory | 495M | 2.2B | 393M | 475M | (284M) | (269.8M) | |
| Total Current Assets | 3.9B | 4.5B | 4.4B | 3.5B | 2.4B | 3.9B | |
| Accumulated Other Comprehensive Income | (189M) | (212M) | (214M) | (294M) | (248M) | (235.6M) | |
| Intangible Assets | 3.2B | 3.0B | 2.9B | 2.9B | 2.9B | 3.5B | |
| Other Current Assets | 689M | 373M | 1.0B | 1.2B | 726M | 620.1M | |
| Current Deferred Revenue | 160M | 136M | 880M | 1.4B | 1.6B | 1.6B | |
| Long Term Debt | 16.6B | 5.9B | 10.8B | 13.7B | 14.3B | 10.4B | |
| Net Invested Capital | 18.9B | 6.3B | 13.9B | 16.5B | 18.8B | 17.0B | |
| Short Long Term Debt | 443M | 390M | 146M | 135M | 1.4B | 1.4B | |
| Non Current Liabilities Other | 399M | 5.5B | 463M | 472M | 471M | 447.5M | |
| Net Working Capital | 1.2B | 969M | 2.7B | 1.7B | (699M) | (664.1M) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Hertz Global Hldgs is a strong investment it is important to analyze Hertz Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hertz Global's future performance. For an informed investment choice regarding Hertz Stock, refer to the following important reports: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 tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary 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.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Is Hertz Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hertz Global. If investors know Hertz will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hertz Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share 1.193 | Revenue Per Share 30.434 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0031 |
The market value of Hertz Global Hldgs is measured differently than its book value, which is the value of Hertz that is recorded on the company's balance sheet. Investors also form their own opinion of Hertz Global's value that differs from its market value or its book value, called intrinsic value, which is Hertz Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hertz Global's market value can be influenced by many factors that don't directly affect Hertz Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hertz Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hertz Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hertz Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.