Gores Current Ratio from 2010 to 2024

GHIX Stock  USD 10.18  0.02  0.20%   
Gores Holdings Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.49 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.51203946
Current Value
0.49
Quarterly Volatility
0.21905705
 
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' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Gores Holdings IX over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Gores Holdings' Current Ratio 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.
ViewLast Reported 1.04 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Gores Current Ratio Regression Statistics

Arithmetic Mean0.99
Geometric Mean0.96
Coefficient Of Variation22.08
Mean Deviation0.13
Median1.04
Standard Deviation0.22
Sample Variance0.05
Range0.9034
R-Value(0.38)
Mean Square Error0.04
R-Squared0.15
Significance0.16
Slope(0.02)
Total Sum of Squares0.67

Gores Current Ratio History

2024 0.49
2023 0.51
2022 1.39

About Gores Holdings Financial Statements

Gores Holdings investors use historical fundamental indicators, such as Gores Holdings' Current Ratio, 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
Current Ratio 0.51  0.49 

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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.