HRI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HRI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Debt-to-EBITDA measures a company's ability to pay off its debt.
Herc Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $58 Mil. Herc Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5,094 Mil. Herc Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was $1,744 Mil. Herc Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.95.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's
The historical rank and industry rank for Herc Holdings's Debt-to-EBITDA or its related term are showing as below:
During the past 11 years, the highest Debt-to-EBITDA Ratio of Herc Holdings was 4.62. The lowest was 0.22. And the median was 3.14.
The historical data trend for Herc Holdings's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Herc Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | 3.69 | 3.14 | 2.85 | 3.05 | 3.14 |
Herc Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-EBITDA | Get a 7-Day Free Trial | 2.79 | 2.97 | 3.49 | 3.43 | 2.95 |
For the Rental & Leasing Services subindustry, Herc Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Business Services industry and Industrials sector, Herc Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Herc Holdings's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
Herc Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (56 | + | 4423) | / | 1426 | |
= | 3.14 |
Herc Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (58 | + | 5094) | / | 1744 | |
= | 2.95 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.
Herc Holdings (NYSE:HRI) Debt-to-EBITDA Explanation
In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.
Be Aware
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's
Thank you for viewing the detailed overview of Herc Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Aaron Birnbaum | officer: SVP & Chief Operating Officer | 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Tamir Peres | officer: SVP&Chief Information Officer | 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Lawrence Harris Silber | director, officer: President & CEO | 7 FOX HOLLOW COURT, FLEMINGTON NJ 08822 |
Christian J Cunningham | officer: SVP & Chief HR Officer | C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Mark Alan Schumacher | officer: VP, CAO and Controller | 27500 RIVERVIEW CENTER BLVD, BONITA SPRINGS FL 34134 |
Carl C Icahn | 10 percent owner | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160 |
Mark Irion | officer: SVP & CFO | C/O NEFF CORPORATION, SUITE 400, 3750 N.W. 87TH AVENUE, MIAMI FL 33178 |
Hunter Clark Gary | director | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
Steven D Miller | director | 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160 |
Rakesh Sachdev | director | 3050 SPRUCE STREET, ST LOUIS MO 63103 |
James H Browning | director | 3760 JARDIN, HOUSTON TX 77005 |
Andrew Teno | director | C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036 |
Shari L Burgess | director | |
Andrew Langham | director | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
Herbert L Henkel | director | C/O INGERSOLL-RAND COMPANY LIMITED, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645 |
From GuruFocus
By Business Wire • 08-09-2024
By GuruFocus Research • 09-17-2024
By Business Wire • 08-12-2024
By Business Wire • 05-17-2024
By GuruFocus Research • 07-24-2024
By GuruFocus Research • 08-14-2024
By GuruFocus Research • 04-23-2024
By Business Wire • 03-04-2024
By Business Wire • 07-23-2024
By GuruFocus Research • 05-15-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.