GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Holdings IX Inc (NAS:GHIX) » Definitions » Liabilities-to-Assets

Gores Holdings IX (Gores Holdings IX) Liabilities-to-Assets : 0.48 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Gores Holdings IX 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 IX's Total Liabilities for the quarter that ended in Mar. 2024 was $31.55 Mil. Gores Holdings IX's Total Assets for the quarter that ended in Mar. 2024 was $65.70 Mil. Therefore, Gores Holdings IX's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.48.


Gores Holdings IX Liabilities-to-Assets Historical Data

The historical data trend for Gores Holdings IX'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 IX Liabilities-to-Assets Chart

Gores Holdings IX Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.96 0.05 0.05

Gores Holdings IX Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.48

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

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

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

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



Gores Holdings IX 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 IX's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=25.641/557.409
=0.05

Gores Holdings IX's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=31.549/65.704
=0.48

* 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) 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 IX Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Gores Holdings IX's Liabilities-to-Assets 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