Gores Net Debt vs Cash Analysis
| GHIXW Stock | USD 0 0.0003 15.79% |
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 Net Debt and its Cash 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 interest.
Net Debt vs Cash
Net Debt vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gores Holdings IX Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Gores Holdings' Net Debt and Cash is -0.99. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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' Net Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Gores Holdings IX are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Gores Holdings' Net Debt and Cash go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Cash
Cash refers to the most liquid asset of Gores Holdings IX, which is listed under current asset account on Gores Holdings IX balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Gores Holdings customers. The amounts must be unrestricted with restricted cash listed in a different Gores Holdings account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 interest. At this time, Gores Holdings' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 27.57 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 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.