Global Lights Acquisition Quick Ratio (GLAC) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - 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 Quick Ratio

GLAC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0 a new company low.

Within Blank Checks industry 71 other companies have achieved higher Quick Ratio than Global Lights Acquisition in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 2239 to 4103.

Explain Quick Ratio?
How much Cash & cash equivalents GLAC´s has?
What are GLAC´s Current Liabilities?




GLAC Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change -47.19 % 135.14 % - - -
Y / Y Cash & cash equivalent Change 278.1 % 300 % - - -
Quick Ratio MRQ 0 0 0 0.01 0
GLAC's Total Ranking # 4103 # 2239 # 3143 # 4580 # 0
Seq. Current Liabilities Change 15.88 % 43.21 % 52.97 % -79.2 % 416 %
Seq. Cash & cash equivalent Change -0.75 % 0.08 % -13.8 % 341.59 % 5 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Blank Checks Industry # 72
Financial Sector # 810
Overall Market # 4103


Quick Ratio Statistics
High Average Low
0.01 0 0
(Dec 31 2023)   (Sep 30 2023)




Financial Statements
Global Lights Acquisition's Current Liabilities $ 1 Millions Visit GLAC's Balance sheet
Global Lights Acquisition's Cash & cash equivalent $ 0 Millions Visit GLAC's Balance sheet
Source of GLAC's Sales Visit GLAC's Sales by Geography


Cumulative Global Lights Acquisition's Quick Ratio

GLAC's Quick Ratio for the trailling 12 Months

GLAC Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 26.48 % 922.67 % - - -
Y / Y Cash & cash equivalent TTM Growth 709.92 % 1268.33 % - - -
Quick Ratio TTM 0 0 0 0 0
Total Ranking TTM # 3673 # 3639 # 0 # 0 # 0
Seq. Current Liabilities TTM Growth -23.81 % 15.23 % 22.7 % 17.42 % 516 %
Seq. Cash & cash equivalent TTM Growth 21.34 % 28.08 % 59.77 % 226.18 % 105 %


On the trailing twelve months basis In spite of the year on year decrease in GLAC's Current Liabilities to $0.57 millions, cumulative Quick Ratio