GLAC
Price:
$10.82
Market Cap:
$97.11M
Global Lights Acquisition Corp intends to effect a merger, share exchange, asset acquisition, stock purchase, 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.
Industry
Shell Companies
IPO Date
2023-12-04
Stock Exchange
NASDAQ
Ticker
GLAC
According to Global Lights Acquisition Corp Ordinary Shares’s latest financial reports and current stock price. The company's current Current Ratio is 0.09. This represents a change of -82.28% compared to the average of 0.52 of the last 4 quarters.
The mean historical Current Ratio of Global Lights Acquisition Corp Ordinary Shares over the last ten years is 0.76. The current 0.09 Current Ratio has changed 1.11% with respect to the historical average. Over the past ten years (40 quarters), GLAC's Current Ratio was at its highest in in the December 2023 quarter at 1.37. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
0.76
Median
0.92
Minimum
0
Maximum
1.37
Discovering the peaks and valleys of Global Lights Acquisition Corp Ordinary Shares Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 1.37
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 1.37 | 50.09% |
| 2022 | 0.92 | Infinity% |
The current Current Ratio of Global Lights Acquisition Corp Ordinary Shares (GLAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.76
5-year avg
0.76
10-year avg
0.76
Global Lights Acquisition Corp Ordinary Shares’s Current Ratio is less than Healthwell Acquisition Corp. I (0.50), greater than Evergreen Corporation (0.01), greater than Concord Acquisition Corp II (0.04), greater than 7GC & Co. Holdings Inc. (0.09), less than Plum Acquisition Corp. I (0.57), less than Global Partner Acquisition Corp II (0.17), greater than Disruptive Acquisition Corporation I (0.08), less than FinServ Acquisition Corp. II (1.43), less than Investcorp India Acquisition Corp (0.18), greater than Direct Selling Acquisition Corp. (0.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.50 | $327.34M | |
| 0.01 | $96.45M | |
| 0.04 | $80.07M | |
| 0.09 | $98.79M | |
| 0.57 | $100.95M | |
| 0.17 | $89.56M | |
| 0.08 | $91.68M | |
| 1.43 | $96.56M | |
| 0.18 | $95.33M | |
| 0.00 | $99.03M |
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