Hertz Return On Tangible Assets from 2010 to 2024

HTZWW Stock  USD 2.33  0.13  5.91%   
Hertz Global Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.02976133
Current Value
0.0312
Quarterly Volatility
0.04978585
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0332 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Hertz Global Hldgs over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Hertz Global's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hertz Global's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

Hertz Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Coefficient Of Variation835.79
Mean Deviation0.03
Median0.01
Standard Deviation0.05
Sample Variance0
Range0.2448
R-Value0.13
Mean Square Error0
R-Squared0.02
Significance0.64
Slope0
Total Sum of Squares0.03

Hertz Return On Tangible Assets History

2024 0.0312
2023 0.0298
2022 0.11
2021 0.0231
2020 -0.13
2019 -0.002462
2018 -0.0132

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.03 

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Additional Tools for Hertz Stock Analysis

When running Hertz Global's price analysis, check to measure Hertz Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.