Hertz Global Holdings Inc (HTZ)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 153,000 | 681,000 | 1,958,000 | 2,812,000 | 3,092,000 | 3,390,000 | 2,839,000 | 2,774,000 | 2,645,000 | 2,761,000 | 2,729,000 | 2,702,000 | 2,977,000 | 4,206,000 | 3,620,000 | 265,000 | 56,000 | 341,000 | 559,000 | 1,372,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $153,000K)
= 0.00
Hertz Global Holdings Inc has consistently maintained a debt-to-capital ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt significantly to finance its operations or investments relative to its capital structure during these periods, implying a relatively low level of financial leverage. A debt-to-capital ratio of 0.00 signifies that the company's total debt is essentially non-existent or negligible compared to its total capital, which includes both debt and equity. This can be viewed positively by investors and creditors as it suggests a lower risk of financial distress or default due to a lower reliance on debt financing. However, it is also important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of Hertz Global Holdings Inc's overall financial health and performance.
Peer comparison
Dec 31, 2024