GLAC (Global Lights Acquisition) Market Cap : $95.50 Mil (As of Dec. 11, 2024)

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What is Global Lights Acquisition Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Global Lights Acquisition's share price for the quarter that ended in Sep. 2024 was $10.47. Global Lights Acquisition's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 8.98 Mil. Therefore, Global Lights Acquisition's market cap for the quarter that ended in Sep. 2024 was $93.97 Mil.

Global Lights Acquisition's quarterly market cap increased from Mar. 2024 ($91.37 Mil) to Jun. 2024 ($92.49 Mil) and increased from Jun. 2024 ($92.49 Mil) to Sep. 2024 ($93.97 Mil).

Global Lights Acquisition's annual market cap stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($90.47 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Global Lights Acquisition's Enterprise Value for Today is $95.72 Mil.

Global Lights Acquisition Market Cap Historical Data

The historical data trend for Global Lights Acquisition's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Global Lights Acquisition Market Cap Chart

Global Lights Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Market Cap

90.47

Global Lights Acquisition Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial					-	90.47	91.37	92.49	93.97

Competitive Comparison of Global Lights Acquisition's Market Cap

For the Shell Companies subindustry, Global Lights Acquisition's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Lights Acquisition's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Lights Acquisition's Market Cap distribution charts can be found below:

* The bar in red indicates where Global Lights Acquisition's Market Cap falls into.

Global Lights Acquisition Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Global Lights Acquisition's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$10.08	*	8.975
	=	$90.47

Global Lights Acquisition's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	$10.47	*	8.975
	=	$93.97

Global Lights Acquisition (NAS:GLAC) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Global Lights Acquisition Market Cap Related Terms

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