Hertz is the largest car rental company in the world and the company is preparing to file for bankruptcy after they have failed to pay some of their contractual obligations.
It is not that simple to say that they have a lot of debts.
We need to understand these debts first since they have business-related debts and debts which they took to buy their vehicles.
For the time being, I have only put Hertz on my watchlist. I need to analyze the competitors first and I am not going to invest in a company which is going bankrupt. After the bankruptcy, after they have negotiated with the creditors, then we can look at it again.
The company is interesting but we will need to wait. Here's the full analysis: https://ishfaaqpeerally.teachable.com/courses/662813/lectures/16547456