Gores Guggenheim (Gores Guggenheim) Equity-to-Asset : 0.85 (As of Mar. 2022)

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What is Gores Guggenheim Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gores Guggenheim's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $684.08 Mil. Gores Guggenheim's Total Assets for the quarter that ended in Mar. 2022 was $801.72 Mil.

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

GGPIW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.85 Max: 0.92
Current: 0.85

During the past 2 years, the highest Equity to Asset Ratio of Gores Guggenheim was 0.92. The lowest was 0.01. And the median was 0.85.

GGPIW's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.82 vs GGPIW: 0.85

Gores Guggenheim Equity-to-Asset Historical Data

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

Gores Guggenheim Annual Data

Trend

Dec20

Dec21

Equity-to-Asset

0.83

Gores Guggenheim Semi-Annual Data
	Jan21	Mar21	Jun21	Sep21	Dec21	Mar22
Equity-to-Asset	Get a 7-Day Free Trial			0.94	0.92	0.89	0.83	0.85

Competitive Comparison of Gores Guggenheim's Equity-to-Asset

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

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

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

Gores Guggenheim 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 Guggenheim's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )	=	Total Stockholders Equity	/	Total Assets
	=	668.907	/	801.836
	=

Gores Guggenheim's Equity to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Equity to Asset (Q: Mar. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	684.075	/	801.724
	=

Gores Guggenheim (NAS:GGPIW) 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 Guggenheim Equity-to-Asset Related Terms

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