Global Lights Acquisition Corp Ordinary Shares (GLAC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Global Lights Acquisition Corp Ordinary Shares (GLAC) has a cash flow conversion efficiency ratio of -0.003x as of August 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-224.94K) by net assets ($69.62 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Global Lights Acquisition Corp Ordinary worth for the company's overall valuation and market capitalisation.
Global Lights Acquisition Corp Ordinary Shares - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Global Lights Acquisition Corp Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Global Lights Acquisition Corp Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Global Lights Acquisition Corp Ordinary Shares ranked by their cash flow conversion efficiency. Explore GLAC cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag
F:0AP
|
0.160x |
|
Flexopack Société Anonyme Commercial and Industrial Plastics Company
AT:FLEXO
|
0.048x |
|
Charlton Aria Acquisition Corporation Class A Ordinary Shares
NASDAQ:CHAR
|
-0.003x |
|
Hongli Group Inc. Ordinary Shares
NASDAQ:HLP
|
0.020x |
|
Champion Building Materials Co Ltd
TW:1806
|
0.027x |
|
Wealth First Portfolio Managers Limited
NSE:WEALTH
|
0.069x |
|
Indo Amines Limited
NSE:INDOAMIN
|
0.022x |
|
Lee Ku Ind
KO:025820
|
0.156x |
Annual Cash Flow Conversion Efficiency for Global Lights Acquisition Corp Ordinary Shares (2018–2023)
The table below shows the annual cash flow conversion efficiency of Global Lights Acquisition Corp Ordinary Shares from 2018 to 2023. View GLAC live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-11-30 | $67.46 Million | $-1.64 Million | -0.024x | -491.65% |
| 2022-11-30 | $-76.48K | $315.00 | -0.004x | +95.57% |
| 2018-11-30 | $5.00 Million | $-465.02K | -0.093x | -- |
About Global Lights Acquisition Corp Ordinary Shares
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.