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Gores Holdings IV (Gores Holdings IV) Total Current Liabilities : $6,569.76 Mil (As of Mar. 2021)


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What is Gores Holdings IV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gores Holdings IV's total current liabilities for the quarter that ended in Mar. 2021 was $6,569.76

Gores Holdings IV Total Current Liabilities Historical Data

The historical data trend for Gores Holdings IV's Total Current Liabilities 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 Total Current Liabilities Chart

Gores Holdings IV Annual Data
Trend Dec19 Dec20
Total Current Liabilities
0.43 5.20

Gores Holdings IV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Total Current Liabilities Get a 7-Day Free Trial 0.62 0.28 4.50 5.20 6,569.76

Gores Holdings IV Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Gores Holdings IV's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.198+1
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=5.20

Gores Holdings IV's Total Current Liabilities for the quarter that ended in Mar. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1346.016+5223.74
+Other Current Liabilities+Current Deferred Liabilities
=9.0949470177293E-13+0
=6,569.76

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Gores Holdings IV Total Current Liabilities 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 » Total Current Liabilities
Comparable Companies
GMHI HYAC PACQ CPAA FTAC CCH APXT THBR JIH LCA CCXX CCX FPAC VTIQ SPAQ FEAC LSE:EVRA SBE HCAC SFTW
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

Gores Holdings IV (Gores Holdings IV) Headlines

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