Global Lights Acquisition Corp Ordinary Shares (GLAC) — Tangible Net Worth Ratio
Global Lights Acquisition Corp Ordinary Shares (GLAC) has a Tangible Net Worth Ratio of 100.0% as of August 2024. This metric is calculated by deducting intangible assets ($0.00) from net assets ($69.62 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Global Lights Acquisition Corp Ordinary current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Global Lights Acquisition Corp Ordinary Shares Tangible Net Worth Ratio (2018–2023)
This chart shows how Global Lights Acquisition Corp Ordinary Shares's Tangible Net Worth Ratio has changed across 2 annual periods from 2018 to 2023. As of August 2024, the ratio stands at 100.0%, reflecting net assets of $69.62 Million with intangible assets of $0.00 USD. See GLAC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Global Lights Acquisition Corp Ordinary Shares (2018–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Global Lights Acquisition Corp Ordinary Shares from 2018 to 2023, covering 2 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see GLAC company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 100.0% | $67.46 Million | $0.00 | $70.10 Million | ▲ +0.0 pp |
| 2018 | 100.0% | $5.00 Million | $0.00 | $45.04 Million | — |