GLLUF (Global Lights Acquisition) Total Assets: $72.61 Mil (As of Sep. 2024)

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

Global Lights Acquisition GLLUF 22 Total Assets is $72.61 Mil as of Sep. 2024. GuruFocus rates GLLUF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Global Lights Acquisition's Total Assets for the quarter that ended in Sep. 2024 was $72.61 Mil.

During the past 12 months, Global Lights Acquisition's average Total Assets Growth Rate was 7640.80% per year.

Total Assets is connected with ROA %. Global Lights Acquisition's annualized ROA % for the quarter that ended in Sep. 2024 was 4.34%. Total Assets is also linked to Revenue through Asset Turnover. Global Lights Acquisition's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Global Lights Acquisition  (OTCPK:GLLUF) Total Assets Explanation

Total Assets is connected with ROA %.

Global Lights Acquisition's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=3.136/( (71.748+72.61)/ 2 )
=3.136/72.179
=4.34 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Global Lights Acquisition's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (71.748+72.61)/ 2 )
=0/72.179
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Global Lights Acquisition Total Assets Related Terms

Global Lights Acquisition Total Assets Historical Data

* Premium members only.

The historical data trend for Global Lights Acquisition's Total Assets 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 Total Assets Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.62 0.84 70.11

Global Lights Acquisition Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 70.11 70.84 71.75 72.61
GLLUF
22GF Score
Global Lights Acquisition Corp GLLUF
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Lights Acquisition Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=67.464+2.64
=70.10

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

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=69.623+2.987
=72.61

* 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 Total Assets →
What does a Total Assets of $72.61 Mil mean?
Global Lights Acquisition (GLLUF) has a Total Assets of $72.61 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Global Lights Acquisition and its competitors.
Is Global Lights Acquisition's Total Assets too high?
Global Lights Acquisition's current Total Assets is $72.61 Mil. 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 Total Assets compare to NOEM and IRRX?
Global Lights Acquisition's Total Assets of $72.61 Mil 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 Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Global Lights Acquisition and its competitors. Global Lights Acquisition's current Total Assets is $72.61 Mil. 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 Total Assets of $72.61 Mil. The current Total Assets is $72.61 Mil. 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Global Lights Acquisition (GLLUF), the current Total Assets is $72.61 Mil 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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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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