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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) FCF Yield % : -0.93 (As of May. 03, 2024)


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What is Corner Growth Acquisition 2 FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Corner Growth Acquisition 2's Trailing 12-Month Free Cash Flow is $0.00 Mil, and Market Cap is $0.00 Mil. Therefore, Corner Growth Acquisition 2's FCF Yield % for today is -0.93%.

The historical rank and industry rank for Corner Growth Acquisition 2's FCF Yield % or its related term are showing as below:

TRONU' s FCF Yield % Range Over the Past 10 Years
Min: -0.93   Med: 0   Max: 5.01
Current: -0.93


During the past 3 years, the highest FCF Yield % of Corner Growth Acquisition 2 was 5.01%. The lowest was -0.93%. And the median was 0.00%.

TRONU's FCF Yield % is ranked better than
57.48% of 642 companies
in the Diversified Financial Services industry
Industry Median: -1.5 vs TRONU: -0.93

Corner Growth Acquisition 2's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Corner Growth Acquisition 2 FCF Yield % Historical Data

The historical data trend for Corner Growth Acquisition 2's FCF Yield % 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 2 FCF Yield % Chart

Corner Growth Acquisition 2 Annual Data
Trend Dec21 Dec22 Dec23
FCF Yield %
- - -

Corner Growth Acquisition 2 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Corner Growth Acquisition 2's FCF Yield %

For the Shell Companies subindustry, Corner Growth Acquisition 2's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 2's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Corner Growth Acquisition 2's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Corner Growth Acquisition 2's FCF Yield % falls into.



Corner Growth Acquisition 2 FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Corner Growth Acquisition 2's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-0.091 /
=N/A%

Corner Growth Acquisition 2's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=0 * 4 /
=N/A%

* 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.


Corner Growth Acquisition 2 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Corner Growth Acquisition 2 FCF Yield % Related Terms

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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Business Description

Traded in Other Exchanges
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Website
Corner Growth Acquisition Corp 2 is a blank check company.

Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Headlines