Gores Guggenheim (Gores Guggenheim) Total Current Assets : $1.59 Mil (As of Mar. 2022)

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What is Gores Guggenheim Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gores Guggenheim's total current assets for the quarter that ended in Mar. 2022 was $1.59 Mil.

Gores Guggenheim Total Current Assets Historical Data

The historical data trend for Gores Guggenheim's Total Current 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 Current Assets Chart

Gores Guggenheim Annual Data

Trend

Dec20

Dec21

Total Current Assets

1.78

Gores Guggenheim Semi-Annual Data
	Jan21	Mar21	Jun21	Sep21	Dec21	Mar22
Total Current Assets	Get a 7-Day Free Trial			1.74	3.19	2.30	1.78	1.59

Gores Guggenheim Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.303	+	0	+	0	+	1.477
	=	1.78

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.35	+	0	+	0	+	1.238
	=	1.59

Total Current Assets is linked to the Current Ratio, which is the result of 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.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Gores Guggenheim (NAS:GGPIW) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Gores Guggenheim's Liquidation Value for the quarter that ended in Mar. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.35	-	117.65	+	0.75 * 0	+	0.5 * 0
=	-117.30

Gores Guggenheim Total Current Assets Related Terms

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