Herc Accumulated Depreciation from 2010 to 2024
HRI Stock | USD 189.62 2.90 1.51% |
Accumulated Depreciation | First Reported 2010-12-31 | Previous Quarter -1.1 B | Current Value -1.1 B | Quarterly Volatility 94.6 M |
Check Herc Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Herc Holdings' main balance sheet or income statement drivers, such as Total Revenue of 3.1 B, Gross Profit of 1.2 B or Other Operating Expenses of 2.5 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0163 or PTB Ratio of 3.17. Herc financial statements analysis is a perfect complement when working with Herc Holdings Valuation or Volatility modules.
Herc | Accumulated Depreciation |
Latest Herc Holdings' Accumulated Depreciation Growth Pattern
Below is the plot of the Accumulated Depreciation of Herc Holdings over the last few years. Accumulated depreciation is the total amount of depreciation for Herc Holdings fixed asset that has been charged to Herc Holdings expense since that asset was acquired and made available for Herc Holdings use. The accumulated depreciation account is Herc Holdings asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Herc Holdings. It is Herc Holdings' Accumulated Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Herc Holdings' overall financial position and show how it may be relating to other accounts over time.
Accumulated Depreciation | 10 Years Trend |
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Accumulated Depreciation |
Timeline |
Herc Accumulated Depreciation Regression Statistics
Arithmetic Mean | (1,119,500,733) | |
Coefficient Of Variation | (8.45) | |
Mean Deviation | 58,132,551 | |
Median | (1,174,000,000) | |
Standard Deviation | 94,627,740 | |
Sample Variance | 8954.4T | |
Range | 365.3M | |
R-Value | (0.44) | |
Mean Square Error | 7810.1T | |
R-Squared | 0.19 | |
Significance | 0.10 | |
Slope | (9,225,468) | |
Total Sum of Squares | 125361.7T |
Herc Accumulated Depreciation History
About Herc Holdings Financial Statements
Investors use fundamental indicators, such as Herc Holdings' Accumulated Depreciation, to determine how well the company is positioned to perform in the future. Although Herc Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last Reported | Projected for Next Year | ||
Accumulated Depreciation | -1.1 B | -1.1 B |
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When determining whether Herc Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Herc Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Herc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Holdings Stock:Check out the analysis of Herc Holdings Correlation against competitors. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.081 | Dividend Share 2.628 | Earnings Share 12.21 | Revenue Per Share 121.337 | Quarterly Revenue Growth 0.063 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.