Gores Price Cash Flow Ratio vs Free Cash Flow 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 Price Cash Flow Ratio and its Free Cash Flow 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.
Price Cash Flow Ratio vs Free Cash Flow
Price Cash Flow Ratio vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gores Holdings IX Price Cash Flow Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Gores Holdings' Price Cash Flow Ratio and Free Cash Flow is -0.96. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Free Cash Flow 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' Price Cash Flow Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of Gores Holdings IX are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Price Cash Flow Ratio i.e., Gores Holdings' Price Cash Flow Ratio and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Price Cash Flow Ratio
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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.