HTZWW (Hertz Global Holdings) Total Current Assets : $2,338.00 Mil (As of Dec. 2024)

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What is Hertz Global Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hertz Global Holdings's total current assets for the quarter that ended in Dec. 2024 was $2,338.00 Mil.

Hertz Global Holdings Total Current Assets Historical Data

The historical data trend for Hertz Global Holdings's Total Current Assets 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 Total Current Assets Chart

Hertz Global Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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2,284.00

3,409.00

2,392.00

2,397.00

2,338.00

Hertz Global Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															2,397.00	2,158.00	2,261.00	2,245.00	2,338.00

Hertz Global Holdings Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Hertz Global Holdings's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	592	+	1205	+	0	+	541
	=	2,338.00

Hertz Global Holdings's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	592	+	1205	+	0	+	541
	=	2,338.00

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Hertz Global Holdings (NAS:HTZWW) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Hertz Global Holdings's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	592	-	21649	+	0.75 * 1205	+	0.5 * 0
=	-20,153.25

Hertz Global Holdings Total Current Assets Related Terms

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Hertz Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (NAS:HTZWW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HTZ:USA HTZ1:Mexico AZK0:Germany

Address

8501 Williams Road, 3rd Floor, Estero, FL, USA, 33928

Website

https://www.hertz.com

Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through Hertz, Dollar and Thrifty brands. The Company has identified two reportable segments: Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean; International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The Company maintain a substantial network of company-operated rental locations, a majority of which are in Europe, and have franchisees and partners that operate rental locations under brands. Geographical markets includes U.S., Europe, Pacific Asia, Middle East and Africa, Latin America.