Global Lights Acquisition Corp Unit
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.
Global Lights Acquisition Corp Unit (GLACU) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.003x
Based on the latest financial reports, Global Lights Acquisition Corp Unit (GLACU) has a cash flow conversion efficiency ratio of -0.003x as of September 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.
Global Lights Acquisition Corp Unit - Cash Flow Conversion Efficiency Trend (2022–2023)
This chart illustrates how Global Lights Acquisition Corp Unit's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Global Lights Acquisition Corp Unit Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Global Lights Acquisition Corp Unit ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mr Bricolage
PA:ALMRB
|
0.019x |
|
Coffee Holding Co Inc
NASDAQ:JVA
|
0.014x |
|
Teads B.V.
NASDAQ:TEAD
|
0.014x |
|
Kwang Myung El
KO:017040
|
0.147x |
|
SEKER YATIRIM
IS:SKYMD
|
-0.197x |
|
Delticom AG
F:DEX
|
-0.009x |
|
Fulin Plastic Industry Cayman Holding Co Ltd
TW:1341
|
0.026x |
|
White Cliff Minerals Ltd
AU:WCN
|
-0.510x |
Annual Cash Flow Conversion Efficiency for Global Lights Acquisition Corp Unit (2022–2023)
The table below shows the annual cash flow conversion efficiency of Global Lights Acquisition Corp Unit from 2022 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $67.46 Million | $-1.64 Million | -0.024x | -491.65% |
| 2022-12-31 | $-76.48K | $315.00 | -0.004x | -- |