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Gores Holdings IX (Gores Holdings IX) Equity-to-Asset : 0.95 (As of Dec. 2023)


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What is Gores Holdings IX Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gores Holdings IX's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $531.77 Mil. Gores Holdings IX's Total Assets for the quarter that ended in Dec. 2023 was $557.41 Mil.

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

GHIX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.95   Max: 0.95
Current: 0.95

During the past 3 years, the highest Equity to Asset Ratio of Gores Holdings IX was 0.95. The lowest was 0.04. And the median was 0.95.

GHIX's Equity-to-Asset is ranked better than
80.38% of 627 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs GHIX: 0.95

Gores Holdings IX Equity-to-Asset Historical Data

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

Gores Holdings IX Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.04 0.95 0.95

Gores Holdings IX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.95 0.95 0.95

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

For the Shell Companies subindustry, Gores Holdings IX'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 IX's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Gores Holdings IX 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 IX's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=531.769/557.409
=

Gores Holdings IX's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=531.769/557.409
=

* 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 IX  (NAS:GHIX) 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 IX Equity-to-Asset Related Terms

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


Gores Holdings IX (Gores Holdings IX) Business Description

Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Gores Holdings IX Inc is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Alec E Gores director, 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 director, 10 percent owner 6260 LOOKOUT RD., BOULDER CO 80301
Andrew Mcbride officer: See Remarks 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 Ix Llc director, 10 percent owner 6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings IX (Gores Holdings IX) Headlines