GLLUF (Global Lights Acquisition) ROC %: -0.81% (As of Sep. 2024)


GLLUF Global Lights Acquisition Corp GLLUF
22 GF Score
Price $11.00
! 1 Warning Sign
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What is Global Lights Acquisition ROC %?

Global Lights Acquisition GLLUF 22 ROC % is -0.81% as of Sep. 2024. GuruFocus rates GLLUF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Global Lights Acquisition's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was -0.81%.

As of today (2026-07-04), Global Lights Acquisition's WACC % is 10.15%. Global Lights Acquisition's ROC % is -1.58% (calculated using TTM income statement data). Global Lights Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Global Lights Acquisition  (OTCPK:GLLUF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Global Lights Acquisition's WACC % is 10.15%. Global Lights Acquisition's ROC % is -1.58% (calculated using TTM income statement data). Global Lights Acquisition earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Global Lights Acquisition ROC % Related Terms

Global Lights Acquisition ROC % Historical Data

* Premium members only.

The historical data trend for Global Lights Acquisition's ROC % 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.

Global Lights Acquisition ROC % Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROC %
0.00 -11.79 -0.53

Global Lights Acquisition Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.33 -3.41 -1.70 -0.88 -0.81
GLLUF
22GF Score
Global Lights Acquisition Corp GLLUF
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Lights Acquisition ROC % Calculation

Global Lights Acquisition's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-0.37 * ( 1 - 0% )/( (0 + 69.879)/ 1 )
=-0.37/69.879
=-0.53 %

where

Invested Capital(A: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.837 - 0.913 - ( 0 - max(0, 0.913 - 0.837+0))
=0

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=70.105 - 0.225 - ( 0.001 - max(0, 0.225 - 0.31+0.001))
=69.879

Global Lights Acquisition's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=-0.588 * ( 1 - 0% )/( (71.626 + 72.782)/ 2 )
=-0.588/72.204
=-0.81 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=71.748 - 0.494 - ( 0.001 - max(0, 0.494 - 0.122+0.001))
=71.626

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=72.61 - 0.347 - ( 0.001 - max(0, 0.572 - 0.053+0.001))
=72.782

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -0.81% mean?
Global Lights Acquisition (GLLUF) has a ROC % of -0.81% as of Sep. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Global Lights Acquisition and its competitors.
Is Global Lights Acquisition's ROC % too high?
Global Lights Acquisition's current ROC % is -0.81%. Overall, Global Lights Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Global Lights Acquisition's ROC % compare to NOEM and IRRX?
Global Lights Acquisition's ROC % of -0.81% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Global Lights Acquisition and its competitors. Global Lights Acquisition's current ROC % is -0.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lights Acquisition stock overvalued right now?
Global Lights Acquisition (GLLUF) has a current ROC % of -0.81%. The current ROC % is -0.81%. Global Lights Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Global Lights Acquisition (GLLUF), the current ROC % is -0.81% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Global Lights Acquisition Business Description

Address No. 201, Tangli Road, Room 902, Unit 1, 8th Floor, Building 5, Chaoyang, Beijing, CHN, 100123
Global Lights Acquisition Corp is a blank check company.
22GF Score

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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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