Global Lights Acquisition Corp Ordinary Shares Cash Flow Conversion Efficiency
Global Lights Acquisition Corp Ordinary Shares cash flow conversion efficiency. Based on the latest financial reports, Global Lights Acquisition Corp Ordinary Shares (GLACF) 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.
Cash Flow Conversion Efficiency of Global Lights Acquisition Corp Ordinary Shares (2018–2023)
Cash flow conversion efficiency of Global Lights Acquisition Corp Ordinary Shares from 2018 to 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. View Global Lights Acquisition Corp Ordinary (GLACF) share price today for real-time trading data and today's change.
Global Lights Acquisition Corp Ordinary Shares Cash Flow Conversion Ratio Explained
Global Lights Acquisition Corp Ordinary Shares cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Global Lights Acquisition Corp Ordinary stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
OptiNose
NASDAQ:OPTN
|
-0.027x |
|
Indústrias Romi S.A
SA:ROMI3
|
-0.005x |
|
Isiklar Enerji ve Yapi Holding AS
IS:IEYHO
|
-0.116x |
|
First Northwest Bancorp
NASDAQ:FNWB
|
0.009x |
|
Bansal Wire Industries Ltd
NSE:BANSALWIRE
|
0.104x |
|
Charlton Aria Acquisition Corporation Class A Ordinary Shares
NASDAQ:CHAR
|
-0.003x |
|
Flexopack Société Anonyme Commercial and Industrial Plastics Company
AT:FLEXO
|
0.048x |
|
S&D Co. Ltd.
KQ:260970
|
0.098x |
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. Review GLACF cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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.