Global Lights Acquisition Corp Ordinary Shares Working Capital to Net Assets Ratio
Global Lights Acquisition Corp Ordinary Shares working capital to net assets ratio. Global Lights Acquisition Corp Ordinary Shares (GLACF) 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Global Lights Acquisition Corp Ordinary Shares (2018–2023)
Working capital to net assets ratio of Global Lights Acquisition Corp Ordinary Shares from 2018 to 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. Explore GLACF long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Global Lights Acquisition Corp Ordinary Shares Working Capital to Net Assets Ratio by Year (2018–2023)
Global Lights Acquisition Corp Ordinary Shares working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see Global Lights Acquisition Corp Ordinary balance sheet assets.
| 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 | — |