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Gores Technology Partners (Gores Technology Partners) Total Current Assets : $1.32 Mil (As of Sep. 2022)


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What is Gores Technology Partners Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gores Technology Partners's total current assets for the quarter that ended in Sep. 2022 was $1.32 Mil.

Gores Technology Partners Total Current Assets Historical Data

The historical data trend for Gores Technology Partners's Total Current 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 Technology Partners Total Current Assets Chart

Gores Technology Partners Annual Data
Trend Dec20 Dec21
Total Current Assets
0.01 1.29

Gores Technology Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial 1.61 1.29 1.01 0.67 1.32

Gores Technology Partners Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Gores Technology Partners's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.222+0+0+1.072
=1.29

Gores Technology Partners's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.908+0+0+0.411
=1.32

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Gores Technology Partners  (NAS:GTPA) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Gores Technology Partners's Liquidation Value for the quarter that ended in Sep. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.908-14.6+0.75 * 0+0.5 * 0
=-13.69

* 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 Technology Partners Total Current Assets Related Terms

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Gores Technology Partners (Gores Technology Partners) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Technology Partners Inc (NAS:GTPA) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Technology Partners Inc is a blank check company.
Executives
Alec E Gores director 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
Manik Gupta director 1999 SCOTT LN, LOS ALTOS CA 94024
Gores Technology Partners Sponsor Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301
Edward William Fike officer: Co-Chief Executive Officer 6260 LOOKOUT ROAD, BOULDER CO 80301
Shivakumar Rajaraman director 6260 LOOKOUT ROAD, BOULDER CO 80301
Muhammad Shahzad director 6260 LOOKOUT ROAD, BOULDER CO 80301
Justin Lawrence Wilson officer: Co-Chief Executive Officer 6260 LOOKOUT ROAD, BOULDER CO 80301