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Gores Holdings IV (Gores Holdings IV) Liabilities-to-Assets : 0.73 (As of Mar. 2021)


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What is Gores Holdings IV Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Gores Holdings IV's Total Liabilities for the quarter that ended in Mar. 2021 was $7,594.59 Mil. Gores Holdings IV's Total Assets for the quarter that ended in Mar. 2021 was $10,372.63 Mil. Therefore, Gores Holdings IV's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.73.


Gores Holdings IV Liabilities-to-Assets Historical Data

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

* Premium members only.

Gores Holdings IV Liabilities-to-Assets Chart

Gores Holdings IV Annual Data
Trend Dec19 Dec20
Liabilities-to-Assets
1.03 0.05

Gores Holdings IV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Liabilities-to-Assets Get a 7-Day Free Trial 0.04 0.04 0.05 0.05 0.73

Competitive Comparison of Gores Holdings IV's Liabilities-to-Assets

For the Mortgage Finance subindustry, Gores Holdings IV's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

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

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



Gores Holdings IV Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Gores Holdings IV's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=20.073/425.566
=0.05

Gores Holdings IV's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )=Total Liabilities/Total Assets
=7594.59/10372.626
=0.73

* 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 IV  (NAS:GHIVU) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Gores Holdings IV Liabilities-to-Assets Related Terms

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Gores Holdings IV (Gores Holdings IV) Business Description

Traded in Other Exchanges
N/A
Address
585 South Boulevard E, Pontiac, MI, USA, 48341
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