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Hertz Global Holdings (FRA:AZK) Debt-to-Revenue : 2.15 (As of Mar. 2024)


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What is Hertz Global Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Hertz Global Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,052 Mil. Hertz Global Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €15,365 Mil. Hertz Global Holdings's annualized Revenue for the quarter that ended in Mar. 2024 was €7,654 Mil. Hertz Global Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 2.14.


Hertz Global Holdings Debt-to-Revenue Historical Data

The historical data trend for Hertz Global Holdings's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hertz Global Holdings Debt-to-Revenue Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 1.50 1.69 1.80 1.90

Hertz Global Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 1.91 1.68 2.04 2.15

Competitive Comparison of Hertz Global Holdings's Debt-to-Revenue

For the Rental & Leasing Services subindustry, Hertz Global Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hertz Global Holdings's Debt-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Hertz Global Holdings's Debt-to-Revenue falls into.



Hertz Global Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Hertz Global Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1263.626 + 15089.235) / 8593.207
=1.90

Hertz Global Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1051.56 + 15364.92) / 7654.4
=2.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Hertz Global Holdings Debt-to-Revenue Related Terms

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Hertz Global Holdings (FRA:AZK) Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.

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