Herc Holdings Inc

NYSE HRI

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Herc Holdings Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2024: 3.93

Herc Holdings Inc Cash Interest Coverage Ratio is 3.93 for the quarter ending March 31, 2024, a -19.64% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability.
  • Herc Holdings Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2023 was 4.90, a -22.97% change year over year.
  • Herc Holdings Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2022 was 6.36, a 0.97% change year over year.
  • Herc Holdings Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2021 was 6.29, a 51.31% change year over year.
  • Herc Holdings Inc Cash Interest Coverage Ratio for the quarter ending March 31, 2020 was 4.16, a 4.31% change year over year.
NYSE: HRI

Herc Holdings Inc

CEO Mr. Lawrence H. Silber
IPO Date July 1, 2016
Location United States
Headquarters 27500 Riverview Center Boulevard, Bonita Springs, FL, United States, 34134
Employees 7,600
Sector Industrials
Industry Rental & leasing services
Description

Herc Holdings Inc., together with its subsidiaries, operates as an equipment rental supplier in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. The company offers ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment; and ProContractor professional grade tools. In addition, it provides various services, including repair, maintenance, equipment management, and safety training; and equipment re-rental and on-site support services, as well as ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor. Further, the company sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including refineries and petrochemical, automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, and food and beverage industries; infrastructure and government sectors; and commercial facilities, commercial warehousing, education, healthcare, data centers, hospitality, retail, special event management customers. The company sells its products through its sales team and industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet. Herc Holdings Inc. was incorporated in 1965 and is based in Bonita Springs, Florida.

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StockViz Staff

September 19, 2024

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