Gores Holdings IX (Gores Holdings IX) FCF Yield % : -0.70 (As of May. 12, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Gores Holdings IX FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Gores Holdings IX's Trailing 12-Month Free Cash Flow is $-1.41 Mil, and Market Cap is $202.28 Mil. Therefore, Gores Holdings IX's FCF Yield % for today is -0.70%.

The historical rank and industry rank for Gores Holdings IX's FCF Yield % or its related term are showing as below:

GHIX' s FCF Yield % Range Over the Past 10 Years
Min: -0.7 Med: 0 Max: 0
Current: -0.7

GHIX's FCF Yield % is ranked better than
63.3% of 643 companies
in the Diversified Financial Services industry
Industry Median: -1.54 vs GHIX: -0.70

Gores Holdings IX's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

Gores Holdings IX FCF Yield % Historical Data

The historical data trend for Gores Holdings IX's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gores Holdings IX FCF Yield % Chart

Gores Holdings IX Annual Data

Trend

Dec21

Dec22

Dec23

FCF Yield %

-0.39

-0.20

Gores Holdings IX Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial					-0.06	-0.30	-0.41	0.49	-0.61

Competitive Comparison of Gores Holdings IX's FCF Yield %

For the Shell Companies subindustry, Gores Holdings IX's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gores Holdings IX's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gores Holdings IX's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Gores Holdings IX's FCF Yield % falls into.

Gores Holdings IX FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Gores Holdings IX's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-1.411	/	689.0625
	=	-0.20%

Gores Holdings IX's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-1.051	*	4	/	689.0625
	=	-0.61%

Gores Holdings IX FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Gores Holdings IX FCF Yield % Related Terms

Thank you for viewing the detailed overview of Gores Holdings IX's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gores Holdings IX (Gores Holdings IX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Holdings IX Inc (NAS:GHIX) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6260 Lookout Road, Boulder, CO, USA, 80301

Website

https://www.gores.com

Gores Holdings IX Inc is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Alec E Gores	director, 10 percent owner	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Mark Stone	officer: Chief Executive Officer	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc	director, 10 percent owner	6260 LOOKOUT RD., BOULDER CO 80301
Andrew Mcbride	officer: See Remarks	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Randy Bort	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Keith Covington	director	500 WEST ILLINOIS, MIDLAND TX 79701
Elizabeth Marcellino	director	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Sponsor Ix Llc	director, 10 percent owner	6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings IX (Gores Holdings IX) Headlines

From GuruFocus

Gores Holdings IX, Inc. Announces Pricing of $525 Million Initial Public Offering

By Business Wire Business Wire • 01-12-2022

Gores Holdings IX, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 4, 2022

By Business Wire Business Wire • 03-01-2022

Gores Holdings IX, Inc. Completes $525 Million Initial Public Offering

By Business Wire Business Wire • 01-14-2022