Corner Growth Acquisition Corp (COOL) — Defensive Interval Ratio
Corner Growth Acquisition Corp (COOL) has a Defensive Interval Ratio of 379 days as of March 2024. Defensive assets of $4.55 Million (cash $-, short-term investments $4.55 Million, receivables $-) cover 379 days of daily cash needs of $12.01K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Corner Growth Acquisition Corp Defensive Interval Ratio (2020–2023)
This chart shows how Corner Growth Acquisition Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 379 days, meaning defensive assets of $4.55 Million can fund 379 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Corner Growth Acquisition Corp.
Annual Defensive Interval Ratio for Corner Growth Acquisition Corp (2020–2023)
The table below presents the year-by-year Defensive Interval Ratio for Corner Growth Acquisition Corp from 2020 to 2023, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See COOL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 379 days | $4.55 Million | $12.01K/day | $- | $4.55 Million | ▼ -819 days |
| 2022 | 1198 days | $15.49 Million | $12.93K/day | $- | $15.49 Million | ▼ -746471 days |
| 2021 | 747670 days | $400.14 Million | $535.19/day | $- | $400.14 Million | ▼ -154151 days |
| 2020 | 901821 days | $400.01 Million | $443.55/day | $- | $400.01 Million | — |