Corner Growth Acquisition (Corner Growth Acquisition) Debt-to-Equity

: 0.00 (As of Dec. 2023)

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Corner Growth Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Corner Growth Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Corner Growth Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-8.03 Mil. Corner Growth Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Corner Growth Acquisition's Debt-to-Equity or its related term are showing as below:

COOL's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.11
* Ranked among companies with meaningful Debt-to-Equity only.

Corner Growth Acquisition Debt-to-Equity Historical Data

The historical data trend for Corner Growth Acquisition's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Corner Growth Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Corner Growth Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity									-	-	-	-	-

Competitive Comparison

For the Shell Companies subindustry, Corner Growth Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Corner Growth Acquisition Debt-to-Equity Distribution

For the Diversified Financial Services industry and Financial Services sector, Corner Growth Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Corner Growth Acquisition's Debt-to-Equity falls into.

Corner Growth Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Corner Growth Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	-8.029
	=	0.00

Corner Growth Acquisition's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	-8.029
	=	0.00

Corner Growth Acquisition (NAS:COOL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Corner Growth Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Corner Growth Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Corner Growth Acquisition (Corner Growth Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corner Growth Acquisition Corp (NAS:COOL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

COOLU:USA

Address

251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.cornergrowth.com

Corner Growth Acquisition Corp is a blank check company.

Executives

John J. Cadeddu	director, 10 percent owner	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien	director, officer: Chief Executive Officer	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor, Llc	10 percent owner	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin	officer: President	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher	officer: Chief Financial Officer	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey	director	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka	officer: DCD	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301