Gores Holdings IX Inc
Gores Holdings IX, Inc. does not have significant operations. It intends to effect on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado. Gores Holdings IX, Inc. is a subsidiary of Gores Sponsor IX LLC.
Gores Holdings IX Inc (GHIX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.001x
Based on the latest financial reports, Gores Holdings IX Inc (GHIX) has a cash flow conversion efficiency ratio of -0.001x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-45.77K) by net assets ($38.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Gores Holdings IX Inc - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Gores Holdings IX Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Gores Holdings IX Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gores Holdings IX Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
UPDATER SERVICES LIMITED
NSE:UDS
|
N/A |
|
Sixxon Tech Co Ltd
TW:4569
|
0.045x |
|
STX Corporation
KO:011810
|
-0.060x |
|
EURO PRATIK SALES LIMITED
NSE:EUROPRATIK
|
N/A |
|
Wave Sync Corp
PINK:WAYS
|
-0.015x |
|
General Plastic Industrial Co Ltd
TW:6128
|
0.040x |
|
Twinhead International Corp
TW:2364
|
0.144x |
|
Ctek AB
ST:CTEK
|
0.182x |
Annual Cash Flow Conversion Efficiency for Gores Holdings IX Inc (2021–2024)
The table below shows the annual cash flow conversion efficiency of Gores Holdings IX Inc from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $531.68 Million | $-1.41 Million | -0.003x | -0.02% |
| 2023-12-31 | $531.77 Million | $-1.41 Million | -0.003x | +46.31% |
| 2022-12-31 | $508.52 Million | $-2.51 Million | -0.005x | +99.95% |
| 2021-12-31 | $18.89K | $-177.84K | -9.416x | -- |