Hertz Global Holdings Inc (HTZ) — Working Capital to Net Assets Ratio
Hertz Global Holdings Inc (HTZ) has a Working Capital to Net Assets ratio of 152.7% as of March 2026. Working capital of $-1.20 Billion (current assets of $3.53 Billion minus current liabilities of $4.73 Billion) is measured against net assets of $-786.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hertz Global Holdings Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hertz Global Holdings Inc Working Capital to Net Assets (2005–2025)
This chart shows how Hertz Global Holdings Inc's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 152.7%, reflecting working capital of $-1.20 Billion against net assets of $-786.00 Million USD. See Hertz Global Holdings Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hertz Global Holdings Inc (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hertz Global Holdings Inc from 2005 to 2025, covering 21 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see HTZ market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 538.6% | $-2.47 Billion | $-459.00 Million | $3.06 Billion | $5.53 Billion | ▲ +1078.4 pp |
| 2024 | -539.9% | $-826.00 Million | $153.00 Million | $2.34 Billion | $3.16 Billion | ▼ -517.3 pp |
| 2023 | -22.6% | $-699.00 Million | $3.09 Billion | $2.40 Billion | $3.10 Billion | ▼ -9.6 pp |
| 2022 | -13.0% | $-344.00 Million | $2.65 Billion | $2.39 Billion | $2.74 Billion | ▼ -107.2 pp |
| 2021 | 94.2% | $2.80 Billion | $2.98 Billion | $4.40 Billion | $1.59 Billion | ▼ -1089.7 pp |
| 2020 | 1183.9% | $1.10 Billion | $93.00 Million | $4.45 Billion | $3.35 Billion | ▲ +1178.4 pp |
| 2019 | 5.5% | $104.00 Million | $1.89 Billion | $3.86 Billion | $3.76 Billion | ▼ -112.8 pp |
| 2018 | 118.3% | $1.32 Billion | $1.12 Billion | $3.90 Billion | $2.57 Billion | ▲ +42.0 pp |
| 2017 | 76.3% | $1.16 Billion | $1.52 Billion | $3.56 Billion | $2.40 Billion | ▲ +15.9 pp |
| 2016 | 60.4% | $649.00 Million | $1.07 Billion | $2.96 Billion | $2.31 Billion | ▲ +103.9 pp |
| 2015 | -43.5% | $-879.00 Million | $2.02 Billion | $3.81 Billion | $4.68 Billion | ▲ +19.5 pp |
| 2014 | -63.1% | $-1.55 Billion | $2.46 Billion | $3.64 Billion | $5.20 Billion | ▼ -10.1 pp |
| 2013 | -53.0% | $-1.47 Billion | $2.77 Billion | $3.61 Billion | $5.07 Billion | ▲ +3.5 pp |
| 2012 | -56.5% | $-1.42 Billion | $2.51 Billion | $3.57 Billion | $4.98 Billion | ▼ -110.7 pp |
| 2011 | 54.2% | $1.21 Billion | $2.23 Billion | $3.36 Billion | $2.15 Billion | ▼ -51.6 pp |
| 2010 | 105.8% | $2.25 Billion | $2.13 Billion | $4.38 Billion | $2.12 Billion | ▲ +44.9 pp |
| 2009 | 60.9% | $1.28 Billion | $2.10 Billion | $3.07 Billion | $1.79 Billion | ▼ -34.6 pp |
| 2008 | 95.5% | $1.42 Billion | $1.49 Billion | $3.62 Billion | $2.20 Billion | ▲ +51.3 pp |
| 2007 | 44.2% | $1.30 Billion | $2.93 Billion | $3.52 Billion | $2.22 Billion | ▼ -19.8 pp |
| 2006 | 64.0% | $1.64 Billion | $2.56 Billion | $3.37 Billion | $1.72 Billion | ▼ -30.5 pp |
| 2005 | 94.5% | $2.15 Billion | $2.28 Billion | $2.77 Billion | $621.88 Million | — |