Gores Guggenheim (Gores Guggenheim) Total Assets : $801.72 Mil (As of Mar. 2022)

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What is Gores Guggenheim Total Assets?

Gores Guggenheim's Total Assets for the quarter that ended in Mar. 2022 was $801.72 Mil.

During the past 12 months, Gores Guggenheim's average Total Assets Growth Rate was 326991.40% per year.

Total Assets is connected with ROA %. Gores Guggenheim's annualized ROA % for the quarter that ended in Mar. 2022 was 1.89%. Total Assets is also linked to Revenue through Asset Turnover. Gores Guggenheim's Asset Turnover for the quarter that ended in Mar. 2022 was 0.00.

Gores Guggenheim Total Assets Historical Data

The historical data trend for Gores Guggenheim's Total 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.

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Gores Guggenheim Total Assets Chart

Gores Guggenheim Annual Data

Trend

Dec20

Dec21

Total Assets

801.84

Gores Guggenheim Semi-Annual Data
	Jan21	Mar21	Jun21	Sep21	Dec21	Mar22
Total Assets	Get a 7-Day Free Trial			751.74	803.22	802.34	801.84	801.72

Gores Guggenheim Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	668.907	+	132.929
	=	801.84

Gores Guggenheim's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2022 )	+	Total Liabilities (Q: Mar. 2022 )
	=	684.075	+	117.65
	=	801.73

Gores Guggenheim (NAS:GGPIW) Total Assets Explanation

Total Assets is connected with ROA %.

Gores Guggenheim's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %	=	Net Income (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
	=	15.168	/	( (801.836	+	801.724)	/ 2 )
	=	15.168	/	801.78
	=	1.89 %

Note: The Net Income data used here is one times the annual (Mar. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Gores Guggenheim's Asset Turnover for the quarter that ended in Mar. 2022 is

	Asset Turnover
=	Revenue (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
=	0	/	( (801.836	+	801.724)	/ 2 )
=	0	/	801.78
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Gores Guggenheim Total Assets Related Terms

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