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 -151.8% as of March 2026. Working capital of $1.19 Billion (current assets of $2.34 Billion minus current liabilities of $1.15 Billion) is measured against net assets of $-786.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HTZ net asset quality index to measure how much of total assets are equity-financed.
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 -151.8%, reflecting working capital of $1.19 Billion against net assets of $-786.00 Million USD. Check tangible equity quality of Hertz Global Holdings Inc to evaluate the tangible quality of the company's equity base.
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 Hertz Global Holdings Inc stock valuation.
| 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 | — |