Hertz Global Holdings Inc (HTZ) — Tangible Net Worth Ratio
Hertz Global Holdings Inc (HTZ) has a Tangible Net Worth Ratio of -1764.1% as of December 2024. This metric is calculated by deducting intangible assets ($2.85 Billion) from net assets ($153.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Hertz Global Holdings Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hertz Global Holdings Inc Tangible Net Worth Ratio (2002–2024)
This chart shows how Hertz Global Holdings Inc's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of December 2024, the ratio stands at -1764.1%, reflecting net assets of $153.00 Million with intangible assets of $2.85 Billion USD. See Hertz Global Holdings Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Hertz Global Holdings Inc (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Hertz Global Holdings Inc from 2002 to 2024, covering 23 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Hertz Global Holdings Inc (HTZ) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -1764.1% | $153.00 Million | $2.85 Billion | $21.80 Billion | ▼ -1771.5 pp |
| 2023 | 7.4% | $3.09 Billion | $2.86 Billion | $24.61 Billion | ▲ +16.6 pp |
| 2022 | -9.1% | $2.65 Billion | $2.89 Billion | $22.50 Billion | ▼ -11.3 pp |
| 2021 | 2.2% | $2.98 Billion | $2.91 Billion | $19.78 Billion | ▲ +3119.4 pp |
| 2020 | -3117.2% | $93.00 Million | $2.99 Billion | $16.91 Billion | ▼ -3045.7 pp |
| 2019 | -71.5% | $1.89 Billion | $3.24 Billion | $24.63 Billion | ▲ +114.5 pp |
| 2018 | -186.0% | $1.12 Billion | $3.20 Billion | $21.38 Billion | ▼ -72.7 pp |
| 2017 | -113.3% | $1.52 Billion | $3.24 Billion | $20.06 Billion | ▲ +96.7 pp |
| 2016 | -210.0% | $1.07 Billion | $3.33 Billion | $19.16 Billion | ▼ -120.7 pp |
| 2015 | -89.3% | $2.02 Billion | $3.82 Billion | $23.36 Billion | ▼ -26.6 pp |
| 2014 | -62.7% | $2.46 Billion | $4.01 Billion | $23.98 Billion | ▼ -21.0 pp |
| 2013 | -41.7% | $2.77 Billion | $3.93 Billion | $24.59 Billion | ▲ +19.1 pp |
| 2012 | -60.8% | $2.51 Billion | $4.03 Billion | $23.29 Billion | ▼ -46.2 pp |
| 2011 | -14.7% | $2.23 Billion | $2.56 Billion | $17.67 Billion | ▲ +5.0 pp |
| 2010 | -19.7% | $2.13 Billion | $2.55 Billion | $17.33 Billion | ▲ +4.2 pp |
| 2009 | -23.9% | $2.10 Billion | $2.60 Billion | $16.00 Billion | ▲ +52.3 pp |
| 2008 | -76.1% | $1.49 Billion | $2.62 Billion | $16.45 Billion | ▼ -69.7 pp |
| 2007 | -6.4% | $2.93 Billion | $3.12 Billion | $19.26 Billion | ▲ +17.3 pp |
| 2006 | -23.8% | $2.56 Billion | $3.17 Billion | $18.68 Billion | ▲ +18.4 pp |
| 2005 | -42.2% | $2.28 Billion | $3.24 Billion | $18.57 Billion | ▼ -142.2 pp |
| 2004 | 100.0% | $2.67 Billion | $0.00 | $14.10 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $2.23 Billion | $0.00 | $12.58 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $1.92 Billion | $0.00 | $11.13 Billion | — |