Global Lights Acquisition Corp Unit (GLACU) - Total Assets
Based on the latest financial reports, Global Lights Acquisition Corp Unit (GLACU) holds total assets worth $72.61 Million USD as of September 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 Global Lights Acquisition Corp Unit total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Global Lights Acquisition Corp Unit - Total Assets Trend (2021–2023)
This chart illustrates how Global Lights Acquisition Corp Unit's total assets have evolved over time, based on quarterly financial data. Check Global Lights Acquisition Corp Unit (GLACU) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Global Lights Acquisition Corp Unit - Asset Composition Analysis
Current Asset Composition (December 2023)
Global Lights Acquisition Corp Unit'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 Unit'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 GLACU stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Global Lights Acquisition Corp Unit'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 Unit Competitors by Total Assets
Key competitors of Global Lights Acquisition Corp Unit based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Churchill Capital Corp XI
NASDAQ:CCXI
|
USA | $415.91 Million |
|
Alussa Energy Acquisition Corp. II
NYSE:ALUB
|
USA | $292.38 Million |
|
Artius II Acquisition Inc. Units
NASDAQ:AACBU
|
USA | $230.30 Million |
|
Lionsgate Studios Holding Corp. (to be renamed Lionsgate Studios Corp.)
NYSE:LION
|
USA | $5.33 Billion |
|
Cantor Equity Partners III, Inc. Class A Ordinary Shares
NASDAQ:CAEP
|
USA | $284.57 Million |
|
Meshflow Acquisition Corp. Class A Ordinary Shares
NASDAQ:MESH
|
USA | $349.86 Million |
|
KRAKacquisition Corp Class A Ordinary Shares
NASDAQ:KRAQ
|
USA | $347.95 Million |
|
Insight Digital Partners II Class A Ordinary Shares
NASDAQ:DYOR
|
USA | $176.28 Million |
Global Lights Acquisition Corp Unit - 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 | 0.33 |
| Quick Ratio | 0.09 | 0.00 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-519.15K | $-1.08 Million | $-50.59K |
Global Lights Acquisition Corp Unit - Advanced Valuation Insights
This section examines the relationship between Global Lights Acquisition Corp Unit'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 | 0.00 |
| Asset Growth Rate (YoY) | 8277.5% |
| Total Assets | $70.10 Million |
| Market Capitalization | $101.46K USD |
Valuation Analysis
Below Book Valuation: The market values Global Lights Acquisition Corp Unit's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Global Lights Acquisition Corp Unit'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 Unit (2021–2023)
The table below shows the annual total assets of Global Lights Acquisition Corp Unit from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $70.10 Million | +8277.46% |
| 2022-12-31 | $836.83K | +35.27% |
| 2021-12-31 | $618.64K | -- |
About 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.