Global Historical Financial Ratios
| GLACR Stock | USD 0.15 0.0001 0.07% |
Global Lights is recently reporting on over 50 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.0 or Book Value Per Share of 36.06 will help investors to properly organize and evaluate Global Lights Acquisition financial condition quickly.
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About Global Financial Ratios Analysis
Global Lights AcquisitionFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Global Lights investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Global financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Global Lights history.
Global Lights Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Return On Equity
Return on Equity is the amount of Global Lights Acquisition net income returned as a percentage of Global Lights equity. Return on equity measures Global Lights profitability by revealing how much profit Global Lights Acquisition generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from Global Lights' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Global Lights Acquisition current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Global Lights' Price Earnings Ratio is relatively stable compared to the past year. As of 01/09/2025, Return On Assets is likely to grow to 0, while PB Ratio is likely to drop (7.23).
| 2010 | 2023 | 2024 | 2025 (projected) | Current Ratio | 3.45E-4 | 1.37 | 1.24 | 1.3 | Net Debt To EBITDA | 0.004299 | 0.00376 | 0.004324 | 0.004432 |
Global Lights fundamentals Correlations
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Global Lights Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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.Moving against Global Stock
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.