Global Lights Acquisition (GLAC) Return on Assets ROA from the third quarter of 2024 to third quarter of 2023 and for the year 2024, Average High and Low, Fundamental Ratios from Sep 30 2024 to Sep 30 2023 - CSIMarket
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Global Lights Acquisition Corp  (NASDAQ: GLAC)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial


Global Lights Acquisition's ROA from the third quarter of 2024 to the third quarter of 2023 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Global Lights Acquisition's ROA in the third quarter of 2024?
Global Lights Acquisition Corp achieved a return on average assets (ROA) of 3.26 % in its third quarter of 2024, this is above GLAC's average return on assets of 2.9%.
Global Lights Acquisition Corp assets over the 12 months ending in its third quarter of 2024 are valued at $71 million

ROA has improved compared to 2.84% in the second quarter of 2024, due to net income growth.

However, within the Financial sector 227 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2024 quarter, so far to 1581, from total ROA ranking in the second quarter of 2024 at 1769.

What is ROA?



Return On Assets (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Total Assets Change 7577.84 % 8401.31 % - - -
Y / Y Net Income Change - - - - -
Net Income (TTM) in million 2 2 1 0 0
Return On Assets (TTM) 3.26 % 2.84 % 2.09 % 0.44 % -15.43 %
GLAC's Total Ranking # 1581 # 1769 # # #
Total Assets (TTM) in million 72 71 70 70 1
Seq. Total Assets Change 1.31 % 1.41 % 0.04 % 7370.25 % 12.17 %
Seq. Net Income Change 2.68 % 24.89 % 311.76 % - -



Return On Assets Company Ranking
Within: No.
Industry # 28
Sector # 228
Overall # 1558

Return On Assets Statistics
High Average Low
3.23 %
2.9 %
2.57 %
(Sep 30 2024)   (Jun 30 2024)





Financial Statements
Global Lights Acquisition's Assets $ 72 million GLAC's Balance sheet
Global Lights Acquisition's Income $ 1 million Quarterly GLAC's Income Statement
GLAC's Income by Division See GLAC's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023

FY

FY

FY

FY
Y / Y Total Assets Change - - - - -
Total Assets in million 70 0 0 0 0
Y / Y Net Income Change - - - - -
Net Income in million 0 0 0 0 0
Annual Return On Assets 0.11 % - - - -




Comment on GLAC's ROA in the fiscal year ending 2023
In the fiscal year 2023 ROA deteriorated to 0.11 %, despite annual net income growth of % to $0.08 million, from $0.00 million a year ago, as GLAC's assets increase to $70.10 million, by %.


More Return On Assets Ratios
GLAC's' Return on Assets at Yahoo Finance
Blank Checks Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
GLAC's Roa Ratio versus Blank Checks Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Subscribers only: Roa for GLAC's Competitors
Subscribers only: Roa for Global Lights Acquisition's Suppliers
Subscribers only: Return On Assets for GLAC's Customers

You may also want to know
GLAC's Roi GLAC's Inventory Turnover Ratio GLAC's Growth Rates GLAC's Dividend Comparisons
GLAC's Profitability Ratios GLAC's Asset Turnover Ratio GLAC's Dividend Growth
GLAC's Roe GLAC's Valuation Ratios GLAC's Financial Strength Ratios GLAC's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2024, within Financial Sector ROA
Cincinnati Financial Corporation  8.88 %
Amtd Digital Inc   8.84 %
Arch Capital Group Ltd   8.76 %
Hci Group Inc   8.71 %
Goosehead Insurance Inc   8.67 %
Shf Holdings Inc   8.65 %
Tian Ruixiang Holdings Ltd  8.59 %
Piper Sandler Companies  8.57 %
Affiliated Managers Group inc   8.53 %
Greenlight Capital Re Ltd   8.50 %
Investors Title Co  8.44 %
Marsh and Mclennan Companies Inc   8.41 %
Progressive Corp  8.41 %
Simon Property Group inc   8.37 %
Mara Holdings Inc   8.18 %
White Mountains Insurance Group ltd  8.02 %
World Acceptance Corporation  7.85 %
Lamar Advertising Co  7.84 %
Rli Corp  7.69 %
Radian Group Inc  7.51 %
Molina Healthcare Inc   7.46 %
American Coastal Insurance Corporation  7.41 %
Digitalbridge Group Inc   7.35 %
Mercury General Corporation  7.35 %
Invesco Db Us Dollar Index Bearish Fund  7.33 %
Ryman Hospitality Properties inc   7.22 %
Janus Henderson Group Plc  7.09 %
Tradeweb Markets Inc   7.07 %
Lightstone Value Plus Reit V Inc   6.92 %
Fg Nexus Inc   6.86 %


Date modified: 2026-09-26T07:42:45+00:00


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