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Gores Guggenheim (Gores Guggenheim) Interest Expense : $-0.05 Mil (TTM As of Mar. 2022)


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What is Gores Guggenheim Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gores Guggenheim's interest expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.05 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 Guggenheim's Operating Income for the three months ended in Mar. 2022 was $ -1.66 Mil. Gores Guggenheim's Interest Expense for the three months ended in Mar. 2022 was $ 0.00 Mil. Gores Guggenheim 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 Guggenheim Interest Expense Historical Data

The historical data trend for Gores Guggenheim'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 Guggenheim Interest Expense Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
Interest Expense
- -0.83

Gores Guggenheim Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
Interest Expense - -0.05 - - -

Gores Guggenheim 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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 Guggenheim  (NAS:GGPI) 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 Guggenheim's Interest Expense for the three months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2022 was $-1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $0.00 Mil.

Gores Guggenheim's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Gores Guggenheim 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 Guggenheim (Gores Guggenheim) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Guggenheim Inc (NAS:GGPI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Guggenheim Inc is a blank check company.
Executives
Andrew Rosenfield director, 10 percent owner 227 W. MONROE STREET, 49TH FLOOR, CHICAGO IL 60606
Nancy Tellem director 1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
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: CFO & Secretary 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Randy Bort director 1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Elizabeth Marcellino director 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Guggenheim Sponsor Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301
Ggp Sponsor Holdings, Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301
Gg Sponsor, Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301