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Gores Holdings VIII Balance Sheet Health
Financial Health criteria checks 1/6
Key information
-7.7%
Debt to equity ratio
US$1.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$817.97k |
| Equity | -US$25.19m |
| Total liabilities | US$372.28m |
| Total assets | US$347.08m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GIIX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GIIX 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: GIIX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GIIX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GIIX's debt is well covered by operating cash flow (20.9%).
Interest Coverage: Insufficient data to determine if GIIX's interest payments on its debt are well covered by EBIT.