GLACF (Global Lights Acquisition) Tax Rate %: 0.00% (As of Sep. 2024)

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GLACF Global Lights Acquisition Corp GLACF
22 GF Score
Price $10.83
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What is Global Lights Acquisition Tax Rate %?

Global Lights Acquisition GLACF 22 Tax Rate % is 0.00% as of Sep. 2024. GuruFocus rates GLACF with a GF Score™ of 22/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Global Lights Acquisition's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. Global Lights Acquisition's Pre-Tax Income for the three months ended in Sep. 2024 was $0.78 Mil. Therefore, Global Lights Acquisition's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

Global Lights Acquisition Tax Rate % Related Terms

Global Lights Acquisition Tax Rate % Historical Data

* Premium members only.

The historical data trend for Global Lights Acquisition's Tax Rate % 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 Tax Rate % Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
0.00 0.00 0.00

Global Lights Acquisition Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
GLACF
22GF Score
Global Lights Acquisition Corp GLACF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Lights Acquisition Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Global Lights Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0/0.08
=0.00 %

Global Lights Acquisition's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0/0.784
=0.00 %

* 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 Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Global Lights Acquisition (GLACF) has a Tax Rate % of 0.00% as of Sep. 2024.
Is Global Lights Acquisition's Tax Rate % too high?
Global Lights Acquisition's current Tax Rate % is 0.00%. 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 Tax Rate % compare to NOEM and IRRX?
Global Lights Acquisition's Tax Rate % of 0.00% 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 Tax Rate % for a Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Global Lights Acquisition's current Tax Rate % is 0.00%. 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 (GLACF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Global Lights Acquisition's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Global Lights Acquisition (GLACF), the current Tax Rate % is 0.00% 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.83
Price