Gores Gross Profit vs Income Before Tax Analysis
| GHIX Stock | USD 10.15 0.03 0.30% |
Gores Holdings financial indicator trend analysis is much more than just examining Gores Holdings IX latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gores Holdings IX is a good investment. Please check the relationship between Gores Holdings Gross Profit and its Income Before Tax accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gores Holdings IX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Gross Profit vs Income Before Tax
Gross Profit vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gores Holdings IX Gross Profit account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Gores Holdings' Gross Profit and Income Before Tax is -0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Gores Holdings IX, assuming nothing else is changed. The correlation between historical values of Gores Holdings' Gross Profit and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Gores Holdings IX are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Gross Profit i.e., Gores Holdings' Gross Profit and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.96 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Gores Holdings IX minus its cost of goods sold. It is profit before Gores Holdings operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Gores Holdings income statement and is an important metric when analyzing Gores Holdings IX profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most indicators from Gores Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gores Holdings IX current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gores Holdings IX. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Gores Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 27.57 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.1K | 18.3M | 21.1M | 22.1M | Depreciation And Amortization | 6.67 | 1.6M | 2.0M | 1.3M |
Gores Holdings fundamental ratios Correlations
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Gores Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.