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Gores Holdings VII (Gores Holdings VII) Debt-to-EBITDA : -0.91 (As of Sep. 2022)


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What is Gores Holdings VII Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gores Holdings VII's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $1.70 Mil. Gores Holdings VII's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Gores Holdings VII's annualized EBITDA for the quarter that ended in Sep. 2022 was $-1.87 Mil. Gores Holdings VII's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.91.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Gores Holdings VII's Debt-to-EBITDA or its related term are showing as below:

GSEV's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.96
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gores Holdings VII Debt-to-EBITDA Historical Data

The historical data trend for Gores Holdings VII's Debt-to-EBITDA 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 VII Debt-to-EBITDA Chart

Gores Holdings VII Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.36

Gores Holdings VII Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial -0.18 -0.70 -0.70 -0.98 -0.91

Competitive Comparison of Gores Holdings VII's Debt-to-EBITDA

For the Shell Companies subindustry, Gores Holdings VII's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gores Holdings VII's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gores Holdings VII's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gores Holdings VII's Debt-to-EBITDA falls into.



Gores Holdings VII Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gores Holdings VII's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.35 + 0) / -3.792
=-0.36

Gores Holdings VII's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.7 + 0) / -1.872
=-0.91

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2022) EBITDA data.


Gores Holdings VII  (NAS:GSEV) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Gores Holdings VII Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Gores Holdings VII's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Gores Holdings VII (Gores Holdings VII) Business Description

Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Holdings VII Inc is a blank check company.
Executives
Alec E Gores 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 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
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Elizabeth Marcellino director 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Sponsor Vii Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings VII (Gores Holdings VII) Headlines