Gores Holdings IV (Gores Holdings IV) Cash And Cash Equivalents : $1,592.66 Mil (As of Mar. 2021)

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What is Gores Holdings IV Cash And Cash Equivalents?

Gores Holdings IV's quarterly cash and cash equivalents declined from Sep. 2020 ($0.22 Mil) to Dec. 2020 ($0.05 Mil) but then increased from Dec. 2020 ($0.05 Mil) to Mar. 2021 ($1,592.66 Mil).

Gores Holdings IV's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2019 ($0.00 Mil) and increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.05 Mil).

Gores Holdings IV Cash And Cash Equivalents Historical Data

The historical data trend for Gores Holdings IV's Cash And Cash Equivalents 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 Holdings IV Cash And Cash Equivalents Chart

Gores Holdings IV Annual Data

Trend

Dec19

Dec20

Cash And Cash Equivalents

0.05

Gores Holdings IV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.11	0.54	0.22	0.05	1,592.66

Gores Holdings IV Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Gores Holdings IV (NAS:GHIVU) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Gores Holdings IV Cash And Cash Equivalents Related Terms

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Gores Holdings IV (Gores Holdings IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gores Holdings IV Inc (NAS:GHIVU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.

Executives

Alec E Gores	director, 10 percent owner	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc	director, 10 percent owner	6260 LOOKOUT RD., BOULDER CO 80301
Gores Sponsor Iv Llc	director, 10 percent owner	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Jeffrey Gene Rea	director	C/O STOCK BUILDING SUPPLY HOLDINGS, INC., 8020 ARCO CORPORATE DRIVE, SUITE 400, RALEIGH NC 27617
Mark Stone	officer: Chief Executive Officer	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Patton William B Jr	director
Randy Bort	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201