GIIXW (Gores Holdings VIII) Tax Rate %: 0.00% (As of Sep. 2022)

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GIIXW Gores Holdings VIII Inc GIIXW
22 GF Score
Price $0.00
! 1 Warning Sign
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What is Gores Holdings VIII Tax Rate %?

Gores Holdings VIII GIIXW 22 Tax Rate % is 0.00% as of Sep. 2022. GuruFocus rates GIIXW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gores Holdings VIII's Tax Expense for the three months ended in Sep. 2022 was $0.00 Mil. Gores Holdings VIII's Pre-Tax Income for the three months ended in Sep. 2022 was $-3.17 Mil. Therefore, Gores Holdings VIII's Tax Rate % for the quarter that ended in Sep. 2022 was 0.00%.

Gores Holdings VIII Tax Rate % Related Terms

Gores Holdings VIII Tax Rate % Historical Data

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The historical data trend for Gores Holdings VIII's Tax Rate % 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 Holdings VIII Tax Rate % Chart

Gores Holdings VIII Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

Gores Holdings VIII Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
GIIXW
22GF Score
Gores Holdings VIII Inc GIIXW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gores Holdings VIII Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Gores Holdings VIII's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/-8.679
=0.00 %

Gores Holdings VIII's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0/-3.167
=0.00 %

* 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 Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Gores Holdings VIII (GIIXW) has a Tax Rate % of 0.00% as of Sep. 2022.
Is Gores Holdings VIII's Tax Rate % too high?
Gores Holdings VIII's current Tax Rate % is 0.00%. Overall, Gores Holdings VIII has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Gores Holdings VIII's Tax Rate % compare to LUXA and BFAC?
Gores Holdings VIII's Tax Rate % of 0.00% 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 Tax Rate % for a Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Gores Holdings VIII's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gores Holdings VIII stock overvalued right now?
Gores Holdings VIII (GIIXW) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Gores Holdings VIII'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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Gores Holdings VIII (GIIXW), the current Tax Rate % is 0.00% as of Sep. 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 Holdings VIII Business Description

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

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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