Hertz Global Holdings Inc (HTZ)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 153,000 | 3,092,000 | 2,645,000 | 2,977,000 | 56,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $153,000K)
= 0.00
The debt-to-capital ratio of Hertz Global Holdings Inc has remained consistently at 0.00 for the years ranging from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and investments relative to its total capital structure during this period. While a low debt-to-capital ratio can signify financial stability and lower risk of default, it might also suggest missed opportunities for leveraging debt to potentially enhance returns. Further analysis of the company's financial structure and strategic decisions would be necessary to fully understand the implications of this consistent ratio.
Peer comparison
Dec 31, 2024