Global Star Acquisition, Inc. Class A Common Stock
Global Star Acquisition, Inc. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.
Global Star Acquisition, Inc. Class A Common Stock (GLST) - Total Assets
Latest total assets as of September 2024: $13.34 Million USD
Based on the latest financial reports, Global Star Acquisition, Inc. Class A Common Stock (GLST) holds total assets worth $13.34 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.
Global Star Acquisition, Inc. Class A Common Stock - Total Assets Trend (2020–2023)
This chart illustrates how Global Star Acquisition, Inc. Class A Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Global Star Acquisition, Inc. Class A Common Stock - Asset Composition Analysis
Current Asset Composition (December 2023)
Global Star Acquisition, Inc. Class A Common Stock's total assets of $13.34 Million consist of 2.8% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| 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 (2020–2023)
This chart illustrates how Global Star Acquisition, Inc. Class A Common Stock'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 Star Acquisition, Inc. Class A Common Stock's current assets represent 2.8% of total assets in 2023, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2023, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Global Star Acquisition, Inc. Class A Common Stock Competitors by Total Assets
Key competitors of Global Star Acquisition, Inc. Class A Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Global Star Acquisition, Inc. Class A Common Stock - 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 Star Acquisition, Inc. Class A Common Stock generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Global Star Acquisition, Inc. Class A Common Stock generates $ 2.53 in net profit.
Global Star Acquisition, Inc. Class A Common Stock - 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 | 0.08 | 0.73 | 0.85 |
| Quick Ratio | 0.08 | 0.73 | 0.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.75 Million | $ -950.02K | $ -8.91K |
Global Star Acquisition, Inc. Class A Common Stock - Advanced Valuation Insights
This section examines the relationship between Global Star Acquisition, Inc. Class A Common Stock'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 | 9.27 |
| Latest Market Cap to Assets Ratio | 0.14 |
| Asset Growth Rate (YoY) | -40.5% |
| Total Assets | $57.30 Million |
| Market Capitalization | $8.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Global Star Acquisition, Inc. Class A Common Stock's assets below their book value (0.14 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Global Star Acquisition, Inc. Class A Common Stock's assets decreased by 40.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Global Star Acquisition, Inc. Class A Common Stock (2020–2023)
The table below shows the annual total assets of Global Star Acquisition, Inc. Class A Common Stock from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $57.30 Million | -40.50% |
| 2022-12-31 | $96.29 Million | +118676.49% |
| 2021-12-31 | $81.07K | +223.96% |
| 2020-12-31 | $25.02K | -- |