Global Lights Acquisition Stock Piotroski F Score
| GLAC Stock | USD 10.62 0.01 0.09% |
Global | Piotroski F Score |
At this time, it appears that Global Lights' Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Negative |
| Current Quality of Earnings (accrual) | Decreasing |
| Asset Turnover Growth | No Change |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Global Lights Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Global Lights is to make sure Global is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Global Lights' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Global Lights' financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Total Current Liabilities | 492.8 K | 259.2 K |
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| Total Assets | 84.7 M | 80.6 M |
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Global Lights Acquisition F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Global Lights' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Global Lights in a much-optimized way.
| 0.21 | 0.09 | -0.02 | 0.0 | 0.23 | ||
| 0.21 | -0.1 | -0.71 | 0.27 | 0.92 | ||
| 0.09 | -0.1 | -0.57 | -0.95 | 0.28 | ||
| -0.02 | -0.71 | -0.57 | 0.46 | -0.91 | ||
| 0.0 | 0.27 | -0.95 | 0.46 | -0.11 | ||
| 0.23 | 0.92 | 0.28 | -0.91 | -0.11 |
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About Global Lights Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Book Value Per Share |
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Global Lights ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Global Lights' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Global Lights' managers, analysts, and investors.Environmental | Governance | Social |
About Global Lights Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Lights Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Lights using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Lights Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Global Lights Altman Z Score, Global Lights Correlation, Global Lights Valuation, as well as analyze Global Lights Alpha and Beta and Global Lights Hype Analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.