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NASDAQ: GLAC
Global Lights Acquisition Corp Stock

$10.22-0.01 (-0.1%)
Updated Apr 30, 2024
GLAC Price
$10.22
Fair Value Price
N/A
Market Cap
$91.72M
52 Week Low
$10.04
52 Week High
$10.33
P/E
-3.3x
P/B
-39.36x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$79.99k
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.13
Operating Cash Flow
-$2M
Beta
0.04
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

GLAC Overview

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.

Zen Score

–
Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how GLAC scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GLAC is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GLAC is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
GLAC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more GLAC due diligence checks available for Premium users.

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Valuation

GLAC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-3.3x
Industry
32.32x
Market
40.82x

GLAC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-39.36x
Industry
-14.49x

GLAC's financial health

Profit margin

Revenue
$0.0
Net Income
$148.4k
Profit Margin
0%
GLAC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$70.1M
Liabilities
$2.6M
Debt to equity
-1.13
GLAC's short-term assets ($309.96k) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GLAC's long-term liabilities ($2.42M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GLAC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GLAC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$1.6M
Investing
$0.0
Financing
$0.0
GLAC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GLAC vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
GLAC$91.72M-0.10%-3.30x-39.36x
QETA$91.62M+0.20%N/A-52.55x
BKHAU$91.88M-0.10%N/A-3,742.14x
PPYA$91.37M+1.36%100.81x-4.45x
AFJK$92.61M-0.10%N/A-690.46x

Global Lights Acquisition Stock FAQ

What is Global Lights Acquisition's quote symbol?

(NASDAQ: GLAC) Global Lights Acquisition trades on the NASDAQ under the ticker symbol GLAC. Global Lights Acquisition stock quotes can also be displayed as NASDAQ: GLAC.

If you're new to stock investing, here's how to buy Global Lights Acquisition stock.

What is the 52 week high and low for Global Lights Acquisition (NASDAQ: GLAC)?

(NASDAQ: GLAC) Global Lights Acquisition's 52-week high was $10.33, and its 52-week low was $10.04. It is currently -1.02% from its 52-week high and 1.79% from its 52-week low.

How much is Global Lights Acquisition's stock price per share?

(NASDAQ: GLAC) Global Lights Acquisition stock price per share is $10.22 today (as of Apr 30, 2024).

What is Global Lights Acquisition's Market Cap?

(NASDAQ: GLAC) Global Lights Acquisition's market cap is $91.72M, as of May 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Global Lights Acquisition's market cap is calculated by multiplying GLAC's current stock price of $10.22 by GLAC's total outstanding shares of 8,975,000.
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