Gores Holdings IV (Gores Holdings IV) Debt-to-Equity : 54.69 (As of Mar. 2021)

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What is Gores Holdings IV Debt-to-Equity?

Gores Holdings IV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $5,223.74 Mil. Gores Holdings IV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $969.36 Mil. Gores Holdings IV's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $113.24 Mil. Gores Holdings IV's debt to equity for the quarter that ended in Mar. 2021 was 54.69.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gores Holdings IV's Debt-to-Equity or its related term are showing as below:

GHIVU' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.71 Med: 0 Max: 54.69
Current: 54.69

During the past 2 years, the highest Debt-to-Equity Ratio of Gores Holdings IV was 54.69. The lowest was -10.71. And the median was 0.00.

GHIVU's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.65 vs GHIVU: 54.69

Gores Holdings IV Debt-to-Equity Historical Data

The historical data trend for Gores Holdings IV's Debt-to-Equity 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.

* Premium members only.

Gores Holdings IV Debt-to-Equity Chart

Gores Holdings IV Annual Data

Trend

Dec19

Dec20

Debt-to-Equity

-10.71

Gores Holdings IV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Debt-to-Equity	Get a 7-Day Free Trial			-	-	-	-	54.69

Competitive Comparison of Gores Holdings IV's Debt-to-Equity

For the Mortgage Finance subindustry, Gores Holdings IV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gores Holdings IV's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gores Holdings IV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gores Holdings IV's Debt-to-Equity falls into.

Gores Holdings IV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gores Holdings IV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1	+	0)	/	405.493
	=	0.00

Gores Holdings IV's Debt to Equity Ratio for the quarter that ended in Mar. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(5223.74	+	969.355)	/	113.238
	=	54.69

Gores Holdings IV (NAS:GHIVU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Gores Holdings IV Debt-to-Equity 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 » Debt-to-Equity

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