Global Lights Acquisition Corp Ordinary Shares (GLACF) — Defensive Interval Ratio

Latest as of August 2024: 759 days

Global Lights Acquisition Corp Ordinary Shares (GLACF) has a Defensive Interval Ratio of 759 days as of August 2024. Defensive assets of $1.19 Million (cash $-, short-term investments $1.19 Million, receivables $-) cover 759 days of daily cash needs of $1.57K/day. Check Global Lights Acquisition Corp Ordinary tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

759 days
Days of operational coverage

Defensive Assets

$1.19 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.57K
Current Liabilities ÷ 365

Current Liabilities

$572.18K
USD

Global Lights Acquisition Corp Ordinary Shares Defensive Interval Ratio (2018–2018)

This chart shows how Global Lights Acquisition Corp Ordinary Shares's Defensive Interval Ratio has evolved across 1 annual periods from 2018 to 2018. As of August 2024, the ratio stands at 759 days, meaning defensive assets of $1.19 Million can fund 759 days of operations without new revenue. Also explore GLACF year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Global Lights Acquisition Corp Ordinary Shares (2018–2018)

The table below presents the year-by-year Defensive Interval Ratio for Global Lights Acquisition Corp Ordinary Shares from 2018 to 2018, covering 1 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Global Lights Acquisition Corp Ordinary (GLACF) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2018 0 days $0.00 $85.69/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)