Gores Effective Tax Rate from 2010 to 2024

GHIX Stock  USD 10.15  0.03  0.30%   
Gores Holdings Effective Tax Rate yearly trend continues to be fairly stable with very little volatility. Effective Tax Rate is likely to outpace its year average in 2024. During the period from 2010 to 2024, Gores Holdings Effective Tax Rate regression line of annual values had r-squared of  0.44 and arithmetic mean of  0.02. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.11265286
Current Value
0.12
Quarterly Volatility
0.04056289
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gores Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gores Holdings' main balance sheet or income statement drivers, such as Tax Provision of 3.1 M, Net Interest Income of 0.0 or Depreciation And Amortization of 1.3 M, as well as many indicators such as Dividend Yield of 0.0096, Ptb Ratio of 1.23 or Days Sales Outstanding of 0.0. Gores financial statements analysis is a perfect complement when working with Gores Holdings Valuation or Volatility modules.
  
Check out the analysis of Gores Holdings Correlation against competitors.

Latest Gores Holdings' Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Gores Holdings IX over the last few years. Effective Tax Rate is the average rate at which Gores Holdings IX pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Gores Holdings total tax expenses by Gores Holdings earnings before taxes. It is Gores Holdings' Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gores Holdings' overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Slightly volatile
   Effective Tax Rate   
       Timeline  

Gores Effective Tax Rate Regression Statistics

Arithmetic Mean0.02
Geometric Mean0
Coefficient Of Variation211.64
Mean Deviation0.03
Median0
Standard Deviation0.04
Sample Variance0
Range0.1186
R-Value0.66
Mean Square Error0.001
R-Squared0.44
Significance0.01
Slope0.01
Total Sum of Squares0.02

Gores Effective Tax Rate History

2024 0.12
2023 0.11
2022 0.0378

About Gores Holdings Financial Statements

Gores Holdings investors use historical fundamental indicators, such as Gores Holdings' Effective Tax Rate, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Gores Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.11  0.12 

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Additional Tools for Gores Stock Analysis

When running Gores Holdings' price analysis, check to measure Gores Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gores Holdings is operating at the current time. Most of Gores Holdings' value examination focuses on studying past and present price action to predict the probability of Gores Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gores Holdings' price. Additionally, you may evaluate how the addition of Gores Holdings to your portfolios can decrease your overall portfolio volatility.