Global Gross Profit from 2010 to 2024

GLAC Stock  USD 10.62  0.01  0.09%   
Global Lights' Gross Profit is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit is projected to go to about -316.3 M this year. Gross Profit is the profit Global Lights Acquisition makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-333 M
Current Value
-316.3 M
Quarterly Volatility
185 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Global Lights financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Global Lights' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Global financial statements analysis is a perfect complement when working with Global Lights Valuation or Volatility modules.
  
Check out the analysis of Global Lights Correlation against competitors.

Latest Global Lights' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Global Lights Acquisition over the last few years. Gross profit is a required income statement account that reflects total revenue of Global Lights Acquisition minus its cost of goods sold. It is profit before Global Lights operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Global Lights' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Global Lights' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Global Gross Profit Regression Statistics

Arithmetic Mean(166,606,671)
Geometric Mean0.00
Coefficient Of Variation(111.01)
Mean Deviation177,713,782
Median0.00
Standard Deviation184,955,689
Sample Variance34208.6T
Range370M
R-Value(0.84)
Mean Square Error10662.5T
R-Squared0.71
Significance0.000079
Slope(34,862,406)
Total Sum of Squares478920.5T

Global Gross Profit History

2024-316.3 M
2023-333 M
2018-370 M

Other Fundumenentals of Global Lights Acquisition

Global Lights Gross Profit component correlations

About Global Lights Financial Statements

Global Lights stakeholders use historical fundamental indicators, such as Global Lights' Gross Profit, to determine how well the company is positioned to perform in the future. Although Global Lights investors may analyze each financial statement separately, they are all interrelated. For example, changes in Global Lights' assets and liabilities are reflected in the revenues and expenses on Global Lights' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Global Lights Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-333 M-316.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Global Lights Acquisition is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Global Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Global Lights Acquisition Stock. Highlighted below are key reports to facilitate an investment decision about Global Lights Acquisition Stock:
Check out the analysis of Global Lights Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Lights. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Lights listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.28
Return On Assets
(0.01)
The market value of Global Lights Acquisition is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Lights' value that differs from its market value or its book value, called intrinsic value, which is Global Lights' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Lights' market value can be influenced by many factors that don't directly affect Global Lights' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Lights' value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Lights is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Lights' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.