This company is no longer active
Gores Guggenheim Balance Sheet Health
Financial Health criteria checks 0/6
Key information
-2.2%
Debt to equity ratio
US$2.50m
Debt
| Interest coverage ratio | n/a |
| Cash | US$350.21k |
| Equity | -US$115.93m |
| Total liabilities | US$917.65m |
| Total assets | US$801.72m |
Recent financial health updates
Recent updates
Is Gores Guggenheim A Buy Ahead Of Its Merger With Polestar?
Jun 21Gores Guggenheim-Polestar: A Promising EV Player
May 18What You Need To Know Ahead Of The Upcoming GGPI-Polestar Merger
Apr 07Buy GGPI Before The Merger With Polestar
Feb 11SPAC Series: Gores Guggenheim And Polestar Expected To Accelerate
Dec 02Gores Guggenheim: Polestar Merger Should Entice EV Bulls
Oct 04SPAC Series: Bullish On Gores Guggenheim
Jul 21Financial Position Analysis
Short Term Liabilities: GGPI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GGPI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GGPI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GGPI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GGPI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if GGPI's interest payments on its debt are well covered by EBIT.