Global Lights Acquisition Corp Rights
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 Rights (GLACR) - Total Assets
Latest total assets as of August 2024: $72.61 Million USD
Based on the latest financial reports, Global Lights Acquisition Corp Rights (GLACR) 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.
Global Lights Acquisition Corp Rights - Total Assets Trend (2021–2023)
This chart illustrates how Global Lights Acquisition Corp Rights’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Lights Acquisition Corp Rights - Asset Composition Analysis
Current Asset Composition (November 2023)
Global Lights Acquisition Corp Rights'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 (2021–2023)
This chart illustrates how Global Lights Acquisition Corp Rights'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Lights Acquisition Corp Rights's current assets represent 0.4% of total assets in 2023, an increase from 0.0% in 2021.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2023, the same as 0.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Global Lights Acquisition Corp Rights Competitors by Total Assets
Key competitors of Global Lights Acquisition Corp Rights based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Global Lights Acquisition Corp Rights - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Global Lights Acquisition Corp Rights generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Global Lights Acquisition Corp Rights is currently not profitable relative to its asset base.
Global Lights Acquisition Corp Rights - 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 | 0.00 |
| Quick Ratio | 0.09 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-519.15K | $ -1.05 Million | $ -194.46K |
Global Lights Acquisition Corp Rights - Advanced Valuation Insights
This section examines the relationship between Global Lights Acquisition Corp Rights'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 | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 8277.5% |
| Total Assets | $70.10 Million |
| Market Capitalization | $1.37 Million USD |
Valuation Analysis
Below Book Valuation: The market values Global Lights Acquisition Corp Rights's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Global Lights Acquisition Corp Rights'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 Rights (2021–2023)
The table below shows the annual total assets of Global Lights Acquisition Corp Rights from 2021 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 | -- |