Global Lights Acquisition Corp Unit (GLACU) — Working Capital to Net Assets Ratio
Global Lights Acquisition Corp Unit (GLACU) has a Working Capital to Net Assets ratio of -0.7% as of September 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 GLACU defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Global Lights Acquisition Corp Unit Working Capital to Net Assets (2021–2023)
This chart shows how Global Lights Acquisition Corp Unit's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at -0.7%, reflecting working capital of $-519.15K against net assets of $69.62 Million USD. For the complete balance sheet picture, see total assets of Global Lights Acquisition Corp Unit.
Annual Working Capital to Net Assets for Global Lights Acquisition Corp Unit (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Global Lights Acquisition Corp Unit from 2021 to 2023, covering 3 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. Check financial resilience of Global Lights Acquisition Corp Unit to evaluate the company's liquid asset resilience ratio.
| 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 | — |