Corner Growth Acquisition Corp - Asset Resilience Ratio
Corner Growth Acquisition Corp (COOL) has an Asset Resilience Ratio of 97.86% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See COOL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Corner Growth Acquisition Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Corner Growth Acquisition Corp asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Corner Growth Acquisition Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read COOL current and long-term liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $4.55 Million | 97.86% |
| Total Liquid Assets | $4.55 Million | 97.86% |
Asset Resilience Insights
- Very High Liquidity: Corner Growth Acquisition Corp maintains exceptional liquid asset reserves at 97.86% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Corner Growth Acquisition Corp Industry Peers by Asset Resilience Ratio
Compare Corner Growth Acquisition Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
HCM II Acquisition Corp. Unit
NASDAQ:HONDU |
Shell Companies | 99.63% |
|
Centurion Acquisition Corp.
NASDAQ:ALF |
Shell Companies | 99.95% |
|
Rithm Acquisition Corp.
NYSE:RAC |
Shell Companies | 0.35% |
Annual Asset Resilience Ratio for Corner Growth Acquisition Corp (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Corner Growth Acquisition Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 97.86% | $4.55 Million | $4.65 Million | -0.24pp |
| 2022-12-31 | 98.10% | $15.49 Million | $15.79 Million | -1.65pp |
| 2021-12-31 | 99.75% | $400.14 Million | $401.15 Million | +0.42pp |
| 2020-12-31 | 99.33% | $400.01 Million | $402.69 Million | -- |
About Corner Growth Acquisition Corp
Corner Growth Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies in the technology industry in the United States and other developed countries. The company was incorporated in 2020 and is b… Read more