Hertz Good Will vs Property Plant And Equipment Net Analysis

HTZWW Stock

USD 2.25 0.08 3.69%

Hertz Global financial indicator trend analysis is much more than just examining Hertz Global Hldgs latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hertz Global Hldgs is a good investment. Please check the relationship between Hertz Global Good Will and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hertz Global Hldgs Good Will account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak relationship.

The correlation between Hertz Global's Good Will and Property Plant And Equipment Net is 0.39. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Hertz Global Hldgs, assuming nothing else is changed. The correlation between historical values of Hertz Global's Good Will and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Hertz Global Hldgs are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Good Will i.e., Hertz Global's Good Will and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Most indicators from Hertz Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hertz Global Hldgs current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Sales General And Administrative To Revenue is likely to climb to 0.09 in 2025, whereas Selling General Administrative is likely to drop slightly above 584.1 M in 2025.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	959M	798M	819M	1.2B
Cost Of Revenue	5.7B	7.6B	9.3B	6.5B

Total Operating Expenses Cost Of Revenue

Hertz Global fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Common Stock Shares Outstanding	Other Assets	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Total Current Assets	Intangible Assets	Common Stock	Other Current Assets	Current Deferred Revenue
Total Assets		0.45	0.13	-0.25	0.28	0.98	0.79	0.42	0.64	0.85	0.78	0.3	0.15	-0.28	0.85	0.7	-0.27	-0.01	0.47	0.77	-0.36	-0.06	0.34	0.38	-0.32	-0.07
Total Stockholder Equity	0.45		0.63	-0.33	0.52	0.29	0.53	-0.26	0.2	0.64	0.51	0.45	0.0	-0.04	0.61	-0.01	-0.03	0.06	0.13	0.33	-0.68	-0.37	0.09	0.8	0.14	0.05
Common Stock Shares Outstanding	0.13	0.63		-0.49	0.43	0.0	0.02	-0.14	0.07	0.22	0.02	0.15	-0.28	-0.02	0.17	0.03	-0.02	-0.13	-0.22	-0.07	-0.24	-0.2	-0.14	0.66	-0.22	0.3
Other Assets	-0.25	-0.33	-0.49		-0.15	-0.18	-0.21	-0.56	-0.19	-0.36	-0.22	-0.41	0.16	0.13	-0.33	-0.33	0.13	-0.01	0.28	-0.12	0.48	0.39	0.08	-0.33	0.55	-0.21
Other Stockholder Equity	0.28	0.52	0.43	-0.15		0.18	-0.03	-0.06	0.06	0.12	-0.11	-0.38	-0.13	0.59	0.09	0.33	0.59	-0.46	-0.02	0.03	-0.01	0.4	-0.14	0.62	0.14	0.19
Total Liab	0.98	0.29	0.0	-0.18	0.18		0.75	0.48	0.66	0.79	0.76	0.25	0.17	-0.32	0.8	0.74	-0.31	0.01	0.5	0.77	-0.25	0.01	0.37	0.24	-0.36	-0.1
Short Long Term Debt Total	0.79	0.53	0.02	-0.21	-0.03	0.75		0.18	0.34	0.94	0.99	0.67	0.1	-0.34	0.94	0.21	-0.34	0.27	0.44	0.91	-0.66	-0.4	0.32	0.17	-0.13	-0.03
Other Current Liab	0.42	-0.26	-0.14	-0.56	-0.06	0.48	0.18		0.43	0.28	0.2	0.1	-0.02	-0.21	0.3	0.68	-0.21	-0.15	0.04	0.28	0.02	-0.01	0.09	-0.1	-0.67	0.07
Total Current Liabilities	0.64	0.2	0.07	-0.19	0.06	0.66	0.34	0.43		0.42	0.4	0.15	0.35	-0.62	0.52	0.51	-0.62	0.32	0.65	0.17	-0.17	0.09	0.79	0.37	-0.21	-0.35
Property Plant And Equipment Net	0.85	0.64	0.22	-0.36	0.12	0.79	0.94	0.28	0.42		0.94	0.67	0.07	-0.38	0.99	0.32	-0.37	0.12	0.39	0.88	-0.63	-0.45	0.26	0.41	-0.29	0.02
Net Debt	0.78	0.51	0.02	-0.22	-0.11	0.76	0.99	0.2	0.4	0.94		0.71	0.14	-0.46	0.95	0.2	-0.45	0.33	0.46	0.89	-0.66	-0.44	0.38	0.17	-0.16	-0.07
Retained Earnings	0.3	0.45	0.15	-0.41	-0.38	0.25	0.67	0.1	0.15	0.67	0.71		0.1	-0.54	0.66	-0.11	-0.53	0.32	0.16	0.5	-0.8	-0.72	0.23	0.18	-0.18	-0.06
Accounts Payable	0.15	0.0	-0.28	0.16	-0.13	0.17	0.1	-0.02	0.35	0.07	0.14	0.1		-0.29	0.12	0.07	-0.29	0.48	0.31	0.01	-0.12	0.12	0.33	0.11	0.22	-0.99
Cash	-0.28	-0.04	-0.02	0.13	0.59	-0.32	-0.34	-0.21	-0.62	-0.38	-0.46	-0.54	-0.29		-0.44	-0.01	1.0	-0.62	-0.36	-0.16	0.24	0.43	-0.59	-0.06	0.29	0.33
Non Current Assets Total	0.85	0.61	0.17	-0.33	0.09	0.8	0.94	0.3	0.52	0.99	0.95	0.66	0.12	-0.44		0.31	-0.43	0.16	0.52	0.85	-0.62	-0.43	0.4	0.4	-0.29	-0.04
Non Currrent Assets Other	0.7	-0.01	0.03	-0.33	0.33	0.74	0.21	0.68	0.51	0.32	0.2	-0.11	0.07	-0.01	0.31		-0.01	-0.36	0.09	0.31	0.05	0.25	0.04	0.19	-0.5	0.0
Cash And Short Term Investments	-0.27	-0.03	-0.02	0.13	0.59	-0.31	-0.34	-0.21	-0.62	-0.37	-0.45	-0.53	-0.29	1.0	-0.43	-0.01		-0.63	-0.36	-0.16	0.24	0.42	-0.59	-0.06	0.29	0.33
Net Receivables	-0.01	0.06	-0.13	-0.01	-0.46	0.01	0.27	-0.15	0.32	0.12	0.33	0.32	0.48	-0.62	0.16	-0.36	-0.63		0.19	-0.01	-0.36	-0.17	0.51	-0.16	0.29	-0.54
Good Will	0.47	0.13	-0.22	0.28	-0.02	0.5	0.44	0.04	0.65	0.39	0.46	0.16	0.31	-0.36	0.52	0.09	-0.36	0.19		0.37	-0.09	0.08	0.83	0.12	-0.01	-0.3
Non Current Liabilities Total	0.77	0.33	-0.07	-0.12	0.03	0.77	0.91	0.28	0.17	0.88	0.89	0.5	0.01	-0.16	0.85	0.31	-0.16	-0.01	0.37		-0.39	-0.26	0.11	0.05	-0.27	0.09
Inventory	-0.36	-0.68	-0.24	0.48	-0.01	-0.25	-0.66	0.02	-0.17	-0.63	-0.66	-0.8	-0.12	0.24	-0.62	0.05	0.24	-0.36	-0.09	-0.39		0.58	-0.25	-0.35	-0.13	0.08
Total Current Assets	-0.06	-0.37	-0.2	0.39	0.4	0.01	-0.4	-0.01	0.09	-0.45	-0.44	-0.72	0.12	0.43	-0.43	0.25	0.42	-0.17	0.08	-0.26	0.58		0.09	-0.14	0.3	-0.11
Intangible Assets	0.34	0.09	-0.14	0.08	-0.14	0.37	0.32	0.09	0.79	0.26	0.38	0.23	0.33	-0.59	0.4	0.04	-0.59	0.51	0.83	0.11	-0.25	0.09		0.09	0.07	-0.36
Common Stock	0.38	0.8	0.66	-0.33	0.62	0.24	0.17	-0.1	0.37	0.41	0.17	0.18	0.11	-0.06	0.4	0.19	-0.06	-0.16	0.12	0.05	-0.35	-0.14	0.09		0.02	-0.06
Other Current Assets	-0.32	0.14	-0.22	0.55	0.14	-0.36	-0.13	-0.67	-0.21	-0.29	-0.16	-0.18	0.22	0.29	-0.29	-0.5	0.29	0.29	-0.01	-0.27	-0.13	0.3	0.07	0.02		-0.27
Current Deferred Revenue	-0.07	0.05	0.3	-0.21	0.19	-0.1	-0.03	0.07	-0.35	0.02	-0.07	-0.06	-0.99	0.33	-0.04	0.0	0.33	-0.54	-0.3	0.09	0.08	-0.11	-0.36	-0.06	-0.27

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Hertz Global Account Relationship Matchups

Hertz Global fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.9B	19.8B	22.5B	24.6B	28.3B	20.9B
Total Stockholder Equity	56M	3.0B	2.6B	3.1B	2.8B	1.7B
Common Stock Shares Outstanding	150M	315M	403M	326M	306M	208.4M
Liabilities And Stockholders Equity	16.9B	19.8B	22.5B	24.6B	28.3B	20.9B
Other Stockholder Equity	2.9B	5.5B	3.2B	3.0B	3.4B	3.1B
Total Liab	16.8B	16.8B	19.9B	21.5B	24.7B	19.0B
Short Long Term Debt Total	7.9B	12.4B	15.7B	17.8B	20.5B	15.2B
Other Current Liab	2.6B	(157M)	(641M)	2.2B	2.6B	2.7B
Total Current Liabilities	3.0B	1.6B	1.7B	3.1B	3.6B	3.0B
Property Plant And Equipment Net	8.4B	11.4B	15.0B	17.6B	20.2B	13.9B
Net Debt	6.8B	10.2B	14.7B	17.1B	19.6B	14.1B
Retained Earnings	(2.7B)	(2.3B)	(256M)	360M	324M	340.2M
Accounts Payable	418M	572M	657M	701M	806.2M	765.8M
Cash	1.1B	2.3B	943M	764M	878.6M	1.0B
Non Current Assets Total	12.4B	15.4B	19.0B	22.2B	25.5B	18.5B
Non Currrent Assets Other	1.8B	(1.0B)	(1.4B)	1.8B	2.0B	2.1B
Cash And Short Term Investments	1.1B	2.3B	943M	774M	890.1M	1.0B
Net Receivables	777M	758M	974M	1.2B	1.1B	1.2B
Non Current Liabilities Total	13.8B	15.2B	18.1B	18.4B	21.2B	17.1B
Inventory	2.2B	393M	475M	(284M)	(326.6M)	(310.3M)
Total Current Assets	4.5B	4.4B	3.5B	2.4B	2.8B	3.9B
Accumulated Other Comprehensive Income	(212M)	(214M)	(294M)	(248M)	(223.2M)	(212.0M)
Intangible Assets	3.0B	2.9B	2.9B	2.9B	3.3B	3.5B
Other Current Assets	411M	1.0B	680M	442M	397.8M	588.0M
Short Term Debt	250M	9M	471M	1.4B	1.2B	939.6M
Long Term Debt	5.9B	10.8B	13.7B	14.3B	12.9B	10.4B
Net Invested Capital	6.3B	13.9B	16.5B	18.8B	21.6B	17.0B
Short Long Term Debt	390M	146M	135M	1.4B	1.6B	1.7B
Non Current Liabilities Other	5.5B	463M	472M	471M	541.7M	514.6M
Net Working Capital	969M	2.7B	1.7B	(699M)	(629.1M)	(597.6M)
Capital Lease Obligations	1.6B	1.5B	1.8B	2.1B	2.5B	2.0B
Property Plant And Equipment Gross	9.9B	13.0B	16.8B	20.5B	23.6B	17.9B

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Hertz Good Will vs Property Plant And Equipment Net Analysis

Good Will vs Property Plant And Equipment Net

Good Will vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Good Will

Property Plant And Equipment Net

Hertz Global fundamental ratios Correlations

Hertz Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hertz Global fundamental ratios Accounts

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Additional Tools for Hertz Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.98	Total Assets
Non Current Assets Total	+ 0.95	Net Debt
Property Plant And Equipment Net	+ 0.94	Short Long Term Debt Total

Current Deferred Revenue	- 0.99	Accounts Payable
Inventory	- 0.8	Retained Earnings
Total Current Assets	- 0.72	Retained Earnings
Inventory	- 0.68	Total Stockholder Equity
Other Current Assets	- 0.67	Other Current Liab
Inventory	- 0.66	Net Debt