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Gores Holdings VII (Gores Holdings VII) Equity-to-Asset : 0.96 (As of Sep. 2022)


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What is Gores Holdings VII Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gores Holdings VII's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $527.49 Mil. Gores Holdings VII's Total Assets for the quarter that ended in Sep. 2022 was $551.99 Mil.

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

GSEV's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Gores Holdings VII Equity-to-Asset Historical Data

The historical data trend for Gores Holdings VII's Equity-to-Asset 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 VII Equity-to-Asset Chart

Gores Holdings VII Annual Data
Trend Dec20 Dec21
Equity-to-Asset
-2.00 0.93

Gores Holdings VII Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial 0.93 0.93 0.94 0.95 0.96

Competitive Comparison of Gores Holdings VII's Equity-to-Asset

For the Shell Companies subindustry, Gores Holdings VII's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 VII's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gores Holdings VII's Equity-to-Asset distribution charts can be found below:

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



Gores Holdings VII Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Gores Holdings VII's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=513.136/551.474
=

Gores Holdings VII's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=527.491/551.987
=

* 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 VII  (NAS:GSEV) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gores Holdings VII Equity-to-Asset Related Terms

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Gores Holdings VII (Gores Holdings VII) Business Description

Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Holdings VII Inc is a blank check company.
Executives
Alec E Gores 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 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
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Elizabeth Marcellino director 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Sponsor Vii Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings VII (Gores Holdings VII) Headlines