Global Lights Acquisition Corp Ordinary Shares (GLAC) — Working Capital to Net Assets Ratio
Global Lights Acquisition Corp Ordinary Shares (GLAC) has a Working Capital to Net Assets ratio of -0.7% as of August 2024. Working capital of $-519.15K (current assets of $53.04K minus current liabilities of $572.18K) is measured against net assets of $69.62 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Global Lights Acquisition Corp Ordinary net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global Lights Acquisition Corp Ordinary Shares Working Capital to Net Assets (2018–2023)
This chart shows how Global Lights Acquisition Corp Ordinary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2018 to 2023. As of August 2024, the ratio stands at -0.7%, reflecting working capital of $-519.15K against net assets of $69.62 Million USD. Check Global Lights Acquisition Corp Ordinary tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Global Lights Acquisition Corp Ordinary Shares (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global Lights Acquisition Corp Ordinary Shares from 2018 to 2023, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Global Lights Acquisition Corp Ordinary stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 0.1% | $84.52K | $67.46 Million | $309.95K | $225.43K | ▼ -100.1 pp |
| 2022 | 100.2% | $-76.66K | $-76.48K | $836.65K | $913.31K | ▼ -18302.8 pp |
| 2021 | 18403.0% | $-622.02K | $-3.38K | $0.00 | $622.02K | ▲ +18389.0 pp |
| 2018 | 14.0% | $697.97K | $5.00 Million | $729.25K | $31.28K | — |