Corner Growth Acquisition Corp Defensive Interval Ratio
Corner Growth Acquisition Corp 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. See COOL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Corner Growth Acquisition Corp (2020–2023)
Defensive interval ratio of Corner Growth Acquisition Corp from 2020 to 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. Read Corner Growth Acquisition Corp (COOL) total liabilities for a breakdown of total debt and financial obligations.
Corner Growth Acquisition Corp Defensive Interval Ratio by Year (2020–2023)
Corner Growth Acquisition Corp defensive interval ratio by year from 2020 to 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. For the complete balance sheet picture, see COOL current and non-current assets.
| 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 | — |