Hertz Fixed Asset Turnover from 2010 to 2024

HTZ Stock  USD 4.92  0.30  6.49%   
Hertz Global Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hertz Global Fixed Asset Turnover regression line of annual values had r-squared of  0.16 and arithmetic mean of  0.68. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.53320057
Current Value
0.76
Quarterly Volatility
0.07057513
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Hertz Global Holdings over the last few years. It is Hertz Global's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Hertz Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.68
Geometric Mean0.67
Coefficient Of Variation10.44
Mean Deviation0.06
Median0.69
Standard Deviation0.07
Sample Variance0
Range0.2268
R-Value(0.39)
Mean Square Error0
R-Squared0.16
Significance0.15
Slope(0.01)
Total Sum of Squares0.07

Hertz Fixed Asset Turnover History

2024 0.76
2023 0.53
2022 0.58
2021 0.64
2019 0.6
2017 0.72
2016 0.75

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Fixed Asset Turnover, 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
Fixed Asset Turnover 0.53  0.76 

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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.