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Gores Guggenheim (Gores Guggenheim) Total Current Assets : $1.59 Mil (As of Mar. 2022)


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What is Gores Guggenheim Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gores Guggenheim's total current assets for the quarter that ended in Mar. 2022 was $1.59 Mil.

Gores Guggenheim Total Current Assets Historical Data

The historical data trend for Gores Guggenheim's Total Current Assets 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.

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Gores Guggenheim Total Current Assets Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
Total Current Assets
- 1.78

Gores Guggenheim Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
Total Current Assets 0.57 3.19 2.30 1.78 1.59

Gores Guggenheim Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Gores Guggenheim's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.303+0+0+1.477
=1.78

Gores Guggenheim's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.35+0+0+1.238
=1.59

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Gores Guggenheim  (NAS:GGPI) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Gores Guggenheim's Liquidation Value for the quarter that ended in Mar. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.35-117.65+0.75 * 0+0.5 * 0
=-117.30

* 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 Total Current Assets Related Terms

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Gores Guggenheim (Gores Guggenheim) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Guggenheim Inc (NAS:GGPI) » Definitions » Total Current Assets
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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