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Corner Growth Acquisition (Corner Growth Acquisition) Total Current Liabilities

: $4.38 Mil (As of Dec. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Corner Growth Acquisition's total current liabilities for the quarter that ended in Dec. 2023 was $4.38

Corner Growth Acquisition Total Current Liabilities Historical Data

The historical data trend for Corner Growth Acquisition's Total Current Liabilities 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
Total Current Liabilities
0.16 0.20 4.72 4.38

Corner Growth Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.72 2.06 3.19 3.68 4.38

Corner Growth Acquisition Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Corner Growth Acquisition's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.384+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.38

Corner Growth Acquisition's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.384+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.38

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Corner Growth Acquisition Total Current Liabilities Related Terms

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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 » Total Current Liabilities
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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