Hertz Global Holdings Inc (HTZ)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 21,802,000 | 22,979,000 | 25,185,000 | 24,310,000 | 24,605,000 | 25,554,000 | 26,095,000 | 23,749,000 | 22,497,000 | 21,693,000 | 22,066,000 | 20,941,000 | 19,783,000 | 19,593,000 | 19,007,000 | 16,610,000 | 16,908,000 | 18,757,000 | 23,116,000 | 25,842,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $21,802,000K
= 0.00
The debt-to-assets ratio of Hertz Global Holdings Inc has consistently been at 0.00 over the periods reported from March 31, 2020, to December 31, 2024. This indicates that the company has had no debt relative to its total assets during these periods. A debt-to-assets ratio of 0.00 typically suggests that the company may be financing its operations primarily through equity rather than debt, which could signify a strong financial position with lower financial risk. It is important to note that while a low debt-to-assets ratio is generally viewed positively, it is essential to consider the specific circumstances and industry norms to fully assess the financial health and risk profile of the company.
Peer comparison
Dec 31, 2024