Global Lights Acquisition Corp Ordinary Shares (GLACF) - 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. See Global Lights Acquisition Corp Ordinary (GLACF) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Global Lights Acquisition Corp Ordinary (GLACF) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Renascor Resources Ltd
AU:RNU
|
0.003x |
|
OptiNose
NASDAQ:OPTN
|
-0.027x |
|
Samwha Electri
KO:009470
|
0.025x |
|
Bapcor Ltd
AU:BAP
|
0.032x |
|
GEA Grenobl. Elect.
PA:GEA
|
0.134x |
|
Cibus Global LLC
NASDAQ:CBUS
|
-0.324x |
|
Flexopack Société Anonyme Commercial and Industrial Plastics Company
AT:FLEXO
|
0.048x |
|
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC
|
-0.003x |
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. For the full company profile with market capitalisation and key ratios, see Global Lights Acquisition Corp Ordinary market capitalisation.
| 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.