Herc Holdings (Herc Holdings) Cash per Share : $2.23 (As of Mar. 2024)

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What is Herc Holdings Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Herc Holdings's Cash per Share for the quarter that ended in Mar. 2024 was $2.23.

Herc Holdings Cash per Share Historical Data

The historical data trend for Herc Holdings's Cash per Share 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.

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Herc Holdings Cash per Share Chart

Herc Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash per Share

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1.15

1.12

1.18

1.87

2.52

Herc Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash per Share	Get a 7-Day Free Trial															1.39	1.31	2.51	2.52	2.23

Herc Holdings Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Herc Holdings's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	71	/	28
	=	2.52

Herc Holdings's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	63	/	28
	=	2.23

Herc Holdings (NYSE:HRI) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Herc Holdings Cash per Share Related Terms

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Herc Holdings (Herc Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Herc Holdings Inc (NYSE:HRI) » Definitions » Cash per Share

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Traded in Other Exchanges

H9B1:Germany

Address

27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134

Website

https://www.hercrentals.com

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

Executives

Mark Alan Schumacher	officer: VP, CAO and Controller	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
Aaron Birnbaum	officer: SVP & Chief Operating Officer	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
Tamir Peres	officer: SVP&Chief Information Officer	27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
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