Global Lights Acquisition Corp Unit Total Assets
Global Lights Acquisition Corp Unit 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. Also see how much is Global Lights Acquisition Corp Unit worth for the company's overall valuation and market capitalisation.
Total Assets of Global Lights Acquisition Corp Unit (2021–2023)
Total assets of Global Lights Acquisition Corp Unit from 2021 to 2023. This chart illustrates how Global Lights Acquisition Corp Unit's total assets have evolved over time, based on quarterly financial data. See Global Lights Acquisition Corp Unit (GLACU) share price today for real-time trading data and today's change.
Global Lights Acquisition Corp Unit - Asset Composition Analysis
Global Lights Acquisition Corp Unit Total Assets Breakdown (December 2023)
Global Lights Acquisition Corp Unit total assets breakdown as of 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. Explore Global Lights Acquisition Corp Unit current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
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 IX
NASDAQ:CCIX
|
USA | $310.55 Million |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
USA | $241.51 Million |
|
BTC Development Corp.
NASDAQ:BDCI
|
USA | $260.91 Million |
|
Range Capital Acquisition Corp II Class A Ordinary Shares
NASDAQ:RNGT
|
USA | $237.20 Million |
|
ITHAX Acquisition Corp III Class A Ordinary Shares
NASDAQ:ITHA
|
USA | $30.90K |
|
Fortress Value Acquisition Corp. V Class A Ordinary Shares
NASDAQ:FVAV
|
USA | $292.17 Million |
|
Solarius Capital Acquisition Corp.
NASDAQ:SOCA
|
USA | $180.29 Million |
|
Apogee Acquisition Corp Class A Ordinary Shares
NASDAQ:AACP
|
USA | $175.36 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 | $108.45K 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.