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


GGPIW Gores Guggenheim Inc GGPIW
22 GF Score
Price $2.52
! 1 Warning Sign
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What is Gores Guggenheim Interest Expense?

Gores Guggenheim GGPIW 22 Interest Expense is $-0.05 Mil as of Mar. 2022. GuruFocus rates GGPIW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gores Guggenheim's interest expense for the six 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 six months ended in Mar. 2022 was $ -1.66 Mil. Gores Guggenheim's Interest Expense for the six 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  (NAS:GGPIW) 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 six months ended in Mar. 2022 was $0.00 Mil. Its Operating Income for the six months ended in Mar. 2022 was $-1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six 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 Interest Expense Historical Data

* Premium members only.

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.

Gores Guggenheim Interest Expense Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
Interest Expense
0.00 -0.83

Gores Guggenheim Semi-Annual Data
Jan21 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Expense Get a 7-Day Free Trial -0.78 -0.05 0.00 0.00 0.00
GGPIW
22GF Score
Gores Guggenheim Inc GGPIW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Gores Guggenheim Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2022 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.05 Mil mean?
Gores Guggenheim (GGPIW) has a Interest Expense of $-0.05 Mil as of Mar. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gores Guggenheim and its competitors.
Is Gores Guggenheim's Interest Expense too high?
Gores Guggenheim's current Interest Expense is $-0.05 Mil. Overall, Gores Guggenheim has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Guggenheim's Interest Expense compare to CRHC and CPUH?
Gores Guggenheim's Interest Expense of $-0.05 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gores Guggenheim and its competitors. Gores Guggenheim's current Interest Expense is $-0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Guggenheim stock overvalued right now?
Gores Guggenheim (GGPIW) has a current Interest Expense of $-0.05 Mil. The current Interest Expense is $-0.05 Mil. Gores Guggenheim's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Gores Guggenheim (GGPIW), the current Interest Expense is $-0.05 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gores Guggenheim Business Description

Address 6260 Lookout Road, Boulder, CO, USA, 80301
Gores Guggenheim Inc is a blank check company.
22GF Score

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