Global Lights Acquisition Stock Current Liabilities
| GLACR Stock | USD 0.23 0.00 0.00% |
Global Lights Acquisition fundamentals help investors to digest information that contributes to Global Lights' financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Lights' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global Lights stock.
As of 03/14/2025, Total Current Liabilities is likely to drop to about 192.7 K. In addition to that, Non Current Liabilities Total is likely to drop to about 1.9 M. Global | Current Liabilities |
Global Lights Acquisition Company Current Liabilities Analysis
Global Lights' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Global Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Global Lights is extremely important. It helps to project a fair market value of Global Stock properly, considering its historical fundamentals such as Current Liabilities. Since Global Lights' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Global Lights' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Global Lights' interrelated accounts and indicators.
| -0.98 | -0.98 | 0.92 | 0.93 | -0.99 | 1.0 | ||
| -0.98 | 1.0 | -0.95 | -0.92 | 1.0 | -0.98 | ||
| -0.98 | 1.0 | -0.95 | -0.92 | 1.0 | -0.98 | ||
| 0.92 | -0.95 | -0.95 | 0.96 | -0.94 | 0.92 | ||
| 0.93 | -0.92 | -0.92 | 0.96 | -0.91 | 0.93 | ||
| -0.99 | 1.0 | 1.0 | -0.94 | -0.91 | -0.99 | ||
| 1.0 | -0.98 | -0.98 | 0.92 | 0.93 | -0.99 |
Click cells to compare fundamentals
Global Current Liabilities Historical Pattern
Today, most investors in Global Lights Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Global Lights' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Global Lights current liabilities as a starting point in their analysis.
Global Lights Current Liabilities |
| Timeline |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
CompetitionGlobal Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Global Lights Acquisition has a Current Liabilities of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Shell Companies (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Global Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Lights' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Lights could also be used in its relative valuation, which is a method of valuing Global Lights by comparing valuation metrics of similar companies.Global Lights is currently under evaluation in current liabilities category among its peers.
Global Fundamentals
| Return On Asset | -0.0154 | ||||
| Number Of Shares Shorted | 1.53 K | ||||
| EBITDA | (369.96 K) | ||||
| Net Income | 79.99 K | ||||
| Total Debt | 2.64 M | ||||
| Book Value Per Share | (0.33) X | ||||
| Cash Flow From Operations | (1.64 M) | ||||
| Total Asset | 70.1 M | ||||
| Retained Earnings | (2.33 M) | ||||
| Net Asset | 70.1 M |
About Global Lights Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Lights Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Lights using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Lights Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Global Lights
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Lights position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Lights will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Global Lights could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Lights when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Lights - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Lights Acquisition to buy it.
The correlation of Global Lights is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Lights moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Lights Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global Lights can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Global Stock Analysis
When running Global Lights' price analysis, check to measure Global Lights' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Lights is operating at the current time. Most of Global Lights' value examination focuses on studying past and present price action to predict the probability of Global Lights' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Lights' price. Additionally, you may evaluate how the addition of Global Lights to your portfolios can decrease your overall portfolio volatility.