GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Holdings IX Inc (NAS:GHIX) » Definitions » Interest Expense

Gores Holdings IX (Gores Holdings IX) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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

What is Gores Holdings IX Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gores Holdings IX's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Gores Holdings IX's Operating Income for the three months ended in Mar. 2024 was $ -0.61 Mil. Gores Holdings IX's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Gores Holdings IX has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Gores Holdings IX Interest Expense Historical Data

The historical data trend for Gores Holdings IX's Interest Expense 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 Interest Expense Chart

Gores Holdings IX Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- -0.62 -

Gores Holdings IX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Gores Holdings IX Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

Gores Holdings IX  (NAS:GHIX) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gores Holdings IX's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

Gores Holdings IX's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Gores Holdings IX had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

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 » Interest Expense
Comparable Companies
ALCC AACT AAC DWAC SAGA HCVI TRTL CCVI SLAM CVII PBAJ SVMB SCRM LSE:ADMR NETD CXAC NFNT APGB KCGI CNDA
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. Completes $525 Million Initial Public Offering

By Business Wire Business Wire • 01-14-2022

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