Corner Growth Acquisition Corp Working Capital to Net Assets Ratio
Corner Growth Acquisition Corp working capital to net assets ratio. Corner Growth Acquisition Corp (COOL) has a Working Capital to Net Assets ratio of 53.4% as of March 2024. Working capital of $-4.28 Million (current assets of $99.60K minus current liabilities of $4.38 Million) is measured against net assets of $-8.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Corner Growth Acquisition Corp's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Corner Growth Acquisition Corp (2020–2023)
Working capital to net assets ratio of Corner Growth Acquisition Corp from 2020 to 2023. This chart shows how Corner Growth Acquisition Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 53.4%, reflecting working capital of $-4.28 Million against net assets of $-8.03 Million USD. See operational self-sufficiency of Corner Growth Acquisition Corp to measure how many days the company can operate on defensive assets alone.
Corner Growth Acquisition Corp Working Capital to Net Assets Ratio by Year (2020–2023)
Corner Growth Acquisition Corp working capital to net assets ratio by year from 2020 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Corner Growth Acquisition Corp from 2020 to 2023, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of Corner Growth Acquisition Corp.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 53.4% | $-4.28 Million | $-8.03 Million | $99.60K | $4.38 Million | ▲ +121.9 pp |
| 2022 | -68.6% | $-4.42 Million | $6.44 Million | $300.28K | $4.72 Million | ▼ -68.8 pp |
| 2021 | 0.2% | $810.69K | $372.43 Million | $1.01 Million | $195.34K | ▼ -0.4 pp |
| 2020 | 0.6% | $2.52 Million | $388.53 Million | $2.68 Million | $161.90K | — |