Hertz Net Income vs Net Income Per E B T Analysis

HTZWW Stock  USD 2.33  0.13  5.91%   
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 Net Income and its Net Income Per E B T 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.

Net Income vs Net Income Per E B T

Net Income vs Net Income Per E B T Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hertz Global Hldgs Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hertz Global's Net Income and Net Income Per E B T is -0.02. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T 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 Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Hertz Global Hldgs are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Hertz Global's Net Income and Net Income Per E B T go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hertz Global Hldgs financial statement analysis. It represents the amount of money remaining after all of Hertz Global Hldgs operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per E B T

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 2024, whereas Selling General Administrative is likely to drop slightly above 584.1 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue4.6B5.7B7.6B6.3B
EBITDA1.3B3.8B3.6B3.8B

Hertz Global fundamental ratios Correlations

0.40.080.060.250.980.730.160.480.810.730.190.2-0.30.820.7-0.230.110.510.69-0.280.120.390.32-0.08-0.14
0.40.62-0.120.510.220.49-0.590.050.640.460.40.02-0.030.59-0.060.060.120.170.32-0.67-0.320.10.780.440.03
0.080.62-0.510.42-0.06-0.05-0.290.010.19-0.040.12-0.27-0.020.130.010.02-0.11-0.21-0.1-0.22-0.17-0.130.66-0.130.29
0.06-0.12-0.51-0.120.110.19-0.18-0.150.110.16-0.030.10.140.13-0.130.17-0.310.410.390.210.03-0.04-0.190.33-0.07
0.250.510.42-0.120.13-0.11-0.170.020.04-0.19-0.45-0.120.60.010.310.59-0.45-0.04-0.050.020.49-0.140.620.230.18
0.980.22-0.060.110.130.70.290.510.740.70.140.22-0.340.760.73-0.280.120.530.68-0.160.180.410.16-0.17-0.17
0.730.49-0.050.19-0.110.7-0.250.150.930.990.630.15-0.380.920.13-0.290.440.490.86-0.64-0.280.370.060.21-0.1
0.16-0.59-0.29-0.18-0.170.29-0.250.61-0.26-0.2-0.550.13-0.25-0.210.43-0.320.170.03-0.250.570.430.21-0.33-0.41-0.18
0.480.050.01-0.150.020.510.150.610.180.21-0.170.37-0.530.30.28-0.620.430.54-0.140.080.280.760.26-0.09-0.43
0.810.640.190.110.040.740.93-0.260.180.940.630.13-0.450.980.26-0.320.320.470.85-0.61-0.320.330.330.11-0.07
0.730.46-0.040.16-0.190.70.99-0.20.210.940.670.19-0.50.940.13-0.420.50.510.84-0.63-0.330.440.060.15-0.15
0.190.40.12-0.03-0.450.140.63-0.55-0.170.630.670.13-0.550.62-0.19-0.450.420.190.47-0.78-0.680.250.10.08-0.1
0.20.02-0.270.1-0.120.220.150.130.370.130.190.13-0.290.190.09-0.310.470.30.02-0.140.10.330.140.2-0.99
-0.3-0.03-0.020.140.6-0.34-0.38-0.25-0.53-0.45-0.5-0.55-0.29-0.52-0.010.97-0.64-0.38-0.180.250.45-0.59-0.050.30.33
0.820.590.130.130.010.760.92-0.210.30.980.940.620.19-0.520.25-0.410.370.620.81-0.59-0.290.50.330.09-0.13
0.7-0.060.01-0.130.310.730.130.430.280.260.13-0.190.09-0.010.250.05-0.330.10.270.120.350.050.15-0.42-0.03
-0.230.060.020.170.59-0.28-0.29-0.32-0.62-0.32-0.42-0.45-0.310.97-0.410.05-0.68-0.34-0.040.170.3-0.650.00.30.37
0.110.12-0.11-0.31-0.450.120.440.170.430.320.50.420.47-0.640.37-0.33-0.680.190.07-0.45-0.280.52-0.110.17-0.53
0.510.17-0.210.41-0.040.530.490.030.540.470.510.190.3-0.380.620.1-0.340.190.4-0.110.030.790.150.02-0.29
0.690.32-0.10.39-0.050.680.86-0.25-0.140.850.840.470.02-0.180.810.27-0.040.070.4-0.35-0.230.05-0.030.040.06
-0.28-0.67-0.220.210.02-0.16-0.640.570.08-0.61-0.63-0.78-0.140.25-0.590.120.17-0.45-0.11-0.350.54-0.26-0.3-0.420.12
0.12-0.32-0.170.030.490.18-0.280.430.28-0.32-0.33-0.680.10.45-0.290.350.3-0.280.03-0.230.540.09-0.03-0.04-0.08
0.390.1-0.13-0.04-0.140.410.370.210.760.330.440.250.33-0.590.50.05-0.650.520.790.05-0.260.090.12-0.04-0.36
0.320.780.66-0.190.620.160.06-0.330.260.330.060.10.14-0.050.330.150.0-0.110.15-0.03-0.3-0.030.120.25-0.1
-0.080.44-0.130.330.23-0.170.21-0.41-0.090.110.150.080.20.30.09-0.420.30.170.020.04-0.42-0.04-0.040.25-0.2
-0.140.030.29-0.070.18-0.17-0.1-0.18-0.43-0.07-0.15-0.1-0.990.33-0.13-0.030.37-0.53-0.290.060.12-0.08-0.36-0.1-0.2
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Hertz Global Account Relationship Matchups

Hertz Global fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.6B16.9B19.8B22.5B24.6B20.9B
Total Stockholder Equity1.9B56M3.0B2.6B3.1B1.7B
Common Stock Shares Outstanding117M150M315M403M326M206.9M
Liabilities And Stockholders Equity24.6B16.9B19.8B22.5B24.6B20.9B
Other Stockholder Equity3.0B2.9B5.5B3.2B3.0B3.1B
Total Liab22.7B16.8B16.8B19.9B21.5B19.0B
Short Long Term Debt Total18.9B7.9B12.4B15.7B17.8B15.2B
Other Current Liab1.3B1.3B2.6B(157M)(641M)(149.2M)
Total Current Liabilities2.4B3.0B1.6B1.7B701M666.0M
Property Plant And Equipment Net16.4B8.4B11.4B15.0B17.6B13.9B
Net Debt18.1B6.8B10.2B14.7B17.1B14.1B
Retained Earnings(967M)(2.7B)(2.3B)(256M)360M378M
Accounts Payable943M418M572M657M701M666.0M
Cash865M1.1B2.3B943M764M1.0B
Non Current Assets Total20.7B12.4B15.4B19.0B22.2B18.5B
Non Currrent Assets Other(1.1B)1.8B(1.0B)(1.4B)1.8B1.9B
Cash And Short Term Investments865M1.1B2.3B943M1.2B1.1B
Net Receivables1.8B777M758M974M1.2B1.2B
Non Current Liabilities Total20.3B13.8B15.2B18.1B20.8B17.2B
Inventory495M2.2B393M475M(284M)(269.8M)
Total Current Assets3.9B4.5B4.4B3.5B2.4B3.9B
Accumulated Other Comprehensive Income(189M)(212M)(214M)(294M)(248M)(235.6M)
Intangible Assets3.2B3.0B2.9B2.9B2.9B3.5B
Other Current Assets689M411M1.0B680M726M600.7M
Current Deferred Revenue160M136M880M1.4B1.6B1.6B
Long Term Debt16.6B5.9B10.8B13.7B14.3B10.4B
Net Invested Capital18.9B6.3B13.9B16.5B18.8B17.0B
Short Long Term Debt443M390M146M135M1.4B1.4B
Non Current Liabilities Other399M5.5B463M472M471M447.5M
Net Working Capital1.2B969M2.7B1.7B(699M)(664.1M)

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