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Global Lights Acquisition (Global Lights Acquisition) EV-to-EBIT : -148.69 (As of May. 17, 2024)


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What is Global Lights Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Global Lights Acquisition's Enterprise Value is $92.04 Mil. Global Lights Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.62 Mil. Therefore, Global Lights Acquisition's EV-to-EBIT for today is -148.69.

The historical rank and industry rank for Global Lights Acquisition's EV-to-EBIT or its related term are showing as below:

GLAC' s EV-to-EBIT Range Over the Past 10 Years
Min: -6043.13   Med: 0   Max: 0
Current: -148.69

GLAC's EV-to-EBIT is ranked worse than
100% of 176 companies
in the Diversified Financial Services industry
Industry Median: 8.94 vs GLAC: -148.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Global Lights Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $91.36 Mil. Global Lights Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.62 Mil. Global Lights Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.68%.


Global Lights Acquisition EV-to-EBIT Historical Data

The historical data trend for Global Lights Acquisition's EV-to-EBIT 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.

* Premium members only.

Global Lights Acquisition EV-to-EBIT Chart

Global Lights Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- - -244.51

Global Lights Acquisition Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial - - - -244.51 -147.60

Competitive Comparison of Global Lights Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Global Lights Acquisition's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Lights Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Global Lights Acquisition's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Lights Acquisition's EV-to-EBIT falls into.



Global Lights Acquisition EV-to-EBIT Calculation

Global Lights Acquisition's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=92.037/-0.619
=-148.69

Global Lights Acquisition's current Enterprise Value is $92.04 Mil.
Global Lights Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.62 Mil.

* 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  (NAS:GLAC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Global Lights Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-0.619/91.3645
=-0.68 %

Global Lights Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $91.36 Mil.
Global Lights Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.62 Mil.

* 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 EV-to-EBIT Related Terms

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Global Lights Acquisition (Global Lights Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 201, Tangli Road, Room 902, Unit 1, 8th Floor, Building 5, Chaoyang, Beijing, CHN, 100123
Website
Global Lights Acquisition Corp is a blank check company.