[df2006]

'Eating too much is not good for health.'
In parsing the above sentence, is the following way one of the possibilities?
'eating' = gerund (subject)
'too much' = adjectival phrase modifying 'eating'
'is' = verb
'not' = adverb
'good' = adjective
'for health' = prep. phrase modifying 'good'
Thanks for comments.