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Gores Guggenheim Equity-to-Asset

: 0.85 (As of Mar. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gores Guggenheim's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $684.08 Mil. Gores Guggenheim's Total Assets for the quarter that ended in Mar. 2022 was $801.72 Mil.

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

GGPI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.85   Max: 0.92
Current: 0.85

During the past 2 years, the highest Equity to Asset Ratio of Gores Guggenheim was 0.92. The lowest was 0.01. And the median was 0.85.

GGPI's Equity-to-Asset is ranked worse than
73.13% of 871 companies
in the Diversified Financial Services industry
Industry Median: 0.94 vs GGPI: 0.85

Gores Guggenheim Equity-to-Asset Historical Data

The historical data trend for Gores Guggenheim'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 Guggenheim Annual Data
Trend Dec20 Dec21
Equity-to-Asset
- 0.83

Gores Guggenheim Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
Equity-to-Asset 0.01 0.92 0.89 0.83 0.85

Competitive Comparison

For the Shell Companies subindustry, Gores Guggenheim'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 Guggenheim Equity-to-Asset Distribution

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

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



Gores Guggenheim 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 Guggenheim'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
=668.907/801.836
=

Gores Guggenheim's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )=Total Stockholders Equity/Total Assets
=684.075/801.724
=

* 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  (NAS:GGPI) 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 Guggenheim Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Gores Guggenheim's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gores Guggenheim Business Description

Gores Guggenheim logo
Traded in Other Exchanges
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Guggenheim Inc is a blank check company.
Executives
Rosenfield Andrew director, 10 percent owner 227 W. MONROE STREET 49TH FLOOR CHICAGO IL 60606
Tellem Nancy director 1016 LAKE PARK DRIVE BIRMINGHAM MI 48009
Gores Alec E director, 10 percent owner 10877 WILSHIRE BOULEVARD 18TH FLOOR LOS ANGELES CA 90024
Stone Mark 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
Mcbride Andrew officer: CFO & Secretary 9800 WILSHIRE BLVD. BEVERLY HILLS CA 90212
Bort Randy director 1150 N. ALMA SCHOOL ROAD MESA AZ 85201
Marcellino Elizabeth 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

Gores Guggenheim Headlines

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