Gores Capital Stock vs Net Working Capital Analysis
| GHIXU Stock | USD 10.31 0.00 0.00% |
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 Capital Stock and its Net Working Capital 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.
Capital Stock vs Net Working Capital
Capital Stock vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gores Holdings IX Capital Stock account and Net Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Gores Holdings' Capital Stock and Net Working Capital is -0.64. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Working Capital 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' Capital Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Gores Holdings IX are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Capital Stock i.e., Gores Holdings' Capital Stock and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Net Working Capital
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 comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 27.57 in 2024, whereas Sales General And Administrative To Revenue is likely to drop (0.83) 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
Thematic Opportunities
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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.