Corner Growth Acquisition Corp (COOL) — 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. See COOL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Corner Growth Acquisition Corp Working Capital to Net Assets (2020–2023)
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. For the complete balance sheet picture, see Corner Growth Acquisition Corp total assets.
Annual Working Capital to Net Assets for Corner Growth Acquisition Corp (2020–2023)
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. Check Corner Growth Acquisition Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |