Gores Non Current Assets Total vs Short Long Term Debt Analysis

GHIX Stock  USD 10.40  0.11  1.05%   
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 Non Current Assets Total and its Short Long Term Debt 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.

Non Current Assets Total vs Short Long Term Debt

Non Current Assets Total vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gores Holdings IX Non Current Assets Total account and Short Long Term Debt. At this time, the significance of the direction appears to have totally related.
The correlation between Gores Holdings' Non Current Assets Total and Short Long Term Debt is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Short Long Term Debt 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' Non Current Assets Total and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Gores Holdings IX are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Gores Holdings' Non Current Assets Total and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 Expense4.1K18.3M21.1M22.1M
Depreciation And Amortization6.671.6M2.0M1.3M

Gores Holdings fundamental ratios Correlations

1.00.310.821.00.98-0.72-0.980.81.00.980.8-0.481.00.04-0.991.01.01.00.981.0-0.641.01.0-0.65-0.65
1.00.370.851.00.99-0.77-0.990.841.00.990.84-0.520.99-0.03-0.991.01.01.00.991.0-0.71.01.0-0.7-0.7
0.310.370.80.310.36-0.78-0.30.690.310.360.69-0.090.26-0.83-0.30.310.310.370.510.31-0.820.370.31-0.55-0.55
0.820.850.80.820.83-0.91-0.80.910.820.830.91-0.340.79-0.46-0.80.820.820.850.920.82-0.890.850.82-0.73-0.73
1.01.00.310.820.98-0.72-0.980.81.00.980.8-0.481.00.04-0.991.01.01.00.981.0-0.641.01.0-0.65-0.65
0.980.990.360.830.98-0.81-1.00.880.981.00.88-0.650.97-0.1-1.00.980.980.990.970.98-0.740.990.98-0.79-0.79
-0.72-0.77-0.78-0.91-0.72-0.810.77-0.99-0.72-0.81-0.990.64-0.680.660.76-0.72-0.72-0.77-0.83-0.720.99-0.77-0.720.930.93
-0.98-0.99-0.3-0.8-0.98-1.00.77-0.85-0.98-1.0-0.850.63-0.980.031.0-0.98-0.98-0.99-0.96-0.980.7-0.99-0.980.760.76
0.80.840.690.910.80.88-0.99-0.850.80.881.0-0.70.77-0.55-0.840.80.80.840.880.8-0.970.840.8-0.95-0.95
1.01.00.310.821.00.98-0.72-0.980.80.980.8-0.481.00.04-0.991.01.01.00.981.0-0.641.01.0-0.65-0.65
0.980.990.360.830.981.0-0.81-1.00.880.980.88-0.650.97-0.1-1.00.980.980.990.970.98-0.740.990.98-0.79-0.79
0.80.840.690.910.80.88-0.99-0.851.00.80.88-0.70.77-0.55-0.840.80.80.840.880.8-0.970.840.8-0.95-0.95
-0.48-0.52-0.09-0.34-0.48-0.650.640.63-0.7-0.48-0.65-0.7-0.490.320.61-0.48-0.48-0.52-0.47-0.480.62-0.52-0.480.880.88
1.00.990.260.791.00.97-0.68-0.980.771.00.970.77-0.490.1-0.991.01.00.990.961.0-0.60.991.0-0.63-0.63
0.04-0.03-0.83-0.460.04-0.10.660.03-0.550.04-0.1-0.550.320.10.020.050.04-0.03-0.150.040.74-0.030.040.590.59
-0.99-0.99-0.3-0.8-0.99-1.00.761.0-0.84-0.99-1.0-0.840.61-0.990.02-0.99-0.99-0.99-0.96-0.990.69-0.99-0.990.740.74
1.01.00.310.821.00.98-0.72-0.980.81.00.980.8-0.481.00.05-0.991.01.00.981.0-0.641.01.0-0.65-0.65
1.01.00.310.821.00.98-0.72-0.980.81.00.980.8-0.481.00.04-0.991.01.00.981.0-0.641.01.0-0.65-0.65
1.01.00.370.851.00.99-0.77-0.990.841.00.990.84-0.520.99-0.03-0.991.01.00.991.0-0.71.01.0-0.7-0.7
0.980.990.510.920.980.97-0.83-0.960.880.980.970.88-0.470.96-0.15-0.960.980.980.990.98-0.770.990.98-0.72-0.72
1.01.00.310.821.00.98-0.72-0.980.81.00.980.8-0.481.00.04-0.991.01.01.00.98-0.641.01.0-0.65-0.65
-0.64-0.7-0.82-0.89-0.64-0.740.990.7-0.97-0.64-0.74-0.970.62-0.60.740.69-0.64-0.64-0.7-0.77-0.64-0.7-0.640.920.92
1.01.00.370.851.00.99-0.77-0.990.841.00.990.84-0.520.99-0.03-0.991.01.01.00.991.0-0.71.0-0.7-0.7
1.01.00.310.821.00.98-0.72-0.980.81.00.980.8-0.481.00.04-0.991.01.01.00.981.0-0.641.0-0.65-0.65
-0.65-0.7-0.55-0.73-0.65-0.790.930.76-0.95-0.65-0.79-0.950.88-0.630.590.74-0.65-0.65-0.7-0.72-0.650.92-0.7-0.651.0
-0.65-0.7-0.55-0.73-0.65-0.790.930.76-0.95-0.65-0.79-0.950.88-0.630.590.74-0.65-0.65-0.7-0.72-0.650.92-0.7-0.651.0
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Gores Holdings Account Relationship Matchups

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