Global Lights Acquisition Corp Ordinary Shares (GLACF) - Total Assets
Based on the latest financial reports, Global Lights Acquisition Corp Ordinary Shares (GLACF) holds total assets worth $72.61 Million USD as of August 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check GLACF cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Global Lights Acquisition Corp Ordinary Shares - Total Assets Trend (2018–2023)
This chart illustrates how Global Lights Acquisition Corp Ordinary Shares's total assets have evolved over time, based on quarterly financial data. Explore investment intensity of Global Lights Acquisition Corp Ordinary to see how much of total assets are deployed in long-term investments.
Global Lights Acquisition Corp Ordinary Shares - Asset Composition Analysis
Current Asset Composition (November 2023)
Global Lights Acquisition Corp Ordinary Shares's total assets of $72.61 Million consist of 0.4% current assets and 99.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2023)
This chart illustrates how Global Lights Acquisition Corp Ordinary Shares's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GLACF market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Lights Acquisition Corp Ordinary Shares's current assets represent 0.4% of total assets in 2023, a decrease from 1.6% in 2018.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, down from 1.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Global Lights Acquisition Corp Ordinary Shares Competitors by Total Assets
Key competitors of Global Lights Acquisition Corp Ordinary Shares based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
USA | $284.57 Million |
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
USA | $308.34 Million |
|
D. Boral Acquisition I Corp. Class A Ordinary Shares
NASDAQ:DBCA
|
USA | $25.00K |
|
Trailblazer Acquisition Corp. Class A Ordinary Shares
NASDAQ:BLZR
|
USA | $277.00 Million |
|
Talon Capital Corp. Class A Ordinary Shares
NASDAQ:TLNC
|
USA | $252.86 Million |
|
Rithm Acquisition Corp.
NYSE:RAC
|
USA | $239.10 Million |
|
Investcorp Europe Acquisition I Corp
NASDAQ:IVCB
|
USA | $129.01 Million |
|
Helix Acquisition Corp. II Class A Ordinary Shares
NASDAQ:HLXB
|
USA | $197.39 Million |
Global Lights Acquisition Corp Ordinary Shares - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.09 | 0.00 | 0.84 |
| Quick Ratio | 0.09 | 0.00 | 0.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-519.15K | $-1.08 Million | $-46.60K |
Global Lights Acquisition Corp Ordinary Shares - Advanced Valuation Insights
This section examines the relationship between Global Lights Acquisition Corp Ordinary Shares's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.40 |
| Latest Market Cap to Assets Ratio | 1.39 |
| Asset Growth Rate (YoY) | 8277.5% |
| Total Assets | $70.10 Million |
| Market Capitalization | $97.20 Million USD |
Valuation Analysis
Above Book Valuation: The market values Global Lights Acquisition Corp Ordinary Shares's assets above their book value (1.39x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Global Lights Acquisition Corp Ordinary Shares's assets grew by 8277.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Global Lights Acquisition Corp Ordinary Shares (2018–2023)
The table below shows the annual total assets of Global Lights Acquisition Corp Ordinary Shares from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-11-30 | $70.10 Million | +8277.46% |
| 2022-11-30 | $836.83K | +35.27% |
| 2021-11-30 | $618.64K | -98.63% |
| 2018-11-30 | $45.04 Million | -- |
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.