Global Lights Acquisition Corp Ordinary Shares - Asset Resilience Ratio

Latest as of August 2024: 1.64%

Global Lights Acquisition Corp Ordinary Shares (GLAC) has an Asset Resilience Ratio of 1.64% as of August 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read Global Lights Acquisition Corp Ordinary debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

$1.19 Million
Cash + Short-term Investments

Total Assets

$72.61 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2018)

This chart shows how Global Lights Acquisition Corp Ordinary Shares's Asset Resilience Ratio has changed over time. See Global Lights Acquisition Corp Ordinary (GLAC) net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Global Lights Acquisition Corp Ordinary Shares's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see GLAC market cap overview.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $1.19 Million 1.64%
Total Liquid Assets $1.19 Million 1.64%

Asset Resilience Insights

  • Limited Liquidity: Global Lights Acquisition Corp Ordinary Shares maintains only 1.64% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Global Lights Acquisition Corp Ordinary Shares Industry Peers by Asset Resilience Ratio

Compare Global Lights Acquisition Corp Ordinary Shares's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Centurion Acquisition Corp.
NASDAQ:ALF
Shell Companies 99.95%
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
Shell Companies 99.64%
Andretti Acquisition Corp. II Class A Ordinary Shares
NASDAQ:POLE
Shell Companies 99.49%
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC
Shell Companies 99.45%
Launch Two Acquisition Corp.
NASDAQ:LPBBU
Shell Companies 99.73%
Melar Acquisition Corp. I Unit
NASDAQ:MACIU
Shell Companies 97.77%
EGH Acquisition Corp. Class A Ordinary Shares
NASDAQ:EGHA
Shell Companies 100.00%

Annual Asset Resilience Ratio for Global Lights Acquisition Corp Ordinary Shares (2018–2018)

The table below shows the annual Asset Resilience Ratio data for Global Lights Acquisition Corp Ordinary Shares.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-11-30 0.00% $0.00 $45.04 Million --
pp = percentage points

About Global Lights Acquisition Corp Ordinary Shares

NASDAQ:GLAC USA Shell Companies
Market Cap
$97.20 Million
Market Cap Rank
#19287 Global
#4227 in USA
Share Price
$10.83
Change (1 day)
+0.00%
52-Week Range
$10.66 - $10.87
All Time High
$32.32
About

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.