TRONW (Corner Growth Acquisition 2) Ending Cash Position: $0.02 Mil (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TRONW Corner Growth Acquisition Corp 2 TRONW
32 GF Score
Price $0.03
! 1 Warning Sign
View Full Analysis

What is Corner Growth Acquisition 2 Ending Cash Position?

Corner Growth Acquisition 2 TRONW +4.29% 32 Ending Cash Position is $0.02 Mil as of Jun. 2024. GuruFocus rates TRONW with a GF Score™ of 32/100. The stock has 1 warning sign investors should review.

Corner Growth Acquisition 2's Ending Cash Position for the quarter that ended in Jun. 2024 was $0.02 Mil.

Corner Growth Acquisition 2's quarterly Ending Cash Position stayed the same from Dec. 2023 ($0.02 Mil) to Mar. 2024 ($0.02 Mil) but then declined from Mar. 2024 ($0.02 Mil) to Jun. 2024 ($0.02 Mil).

Corner Growth Acquisition 2's annual Ending Cash Position increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.12 Mil) but then declined from Dec. 2022 ($0.12 Mil) to Dec. 2023 ($0.02 Mil).

Corner Growth Acquisition 2 Ending Cash Position Related Terms

Corner Growth Acquisition 2 Ending Cash Position Historical Data

* Premium members only.

The historical data trend for Corner Growth Acquisition 2's Ending Cash Position 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.

Corner Growth Acquisition 2 Ending Cash Position Chart

Corner Growth Acquisition 2 Annual Data
Trend Dec21 Dec22 Dec23
Ending Cash Position
0.00 0.12 0.02

Corner Growth Acquisition 2 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02
TRONW
32GF Score
Corner Growth Acquisition Corp 2 TRONW
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corner Growth Acquisition 2 Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Corner Growth Acquisition 2's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.118+-0.098999999999996
=0.02

Corner Growth Acquisition 2's Ending Cash Position for the quarter that ended in Jun. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.018+0
=0.02

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.02 Mil mean?
Corner Growth Acquisition 2 (TRONW) has a Ending Cash Position of $0.02 Mil as of Jun. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Corner Growth Acquisition 2 and its competitors.
Is Corner Growth Acquisition 2's Ending Cash Position too high?
Corner Growth Acquisition 2's current Ending Cash Position is $0.02 Mil. Overall, Corner Growth Acquisition 2 has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Corner Growth Acquisition 2's Ending Cash Position compare to KVSA and OXUS?
Corner Growth Acquisition 2's Ending Cash Position of $0.02 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Diversified Financial Services company?
A good Ending Cash Position depends on the Diversified Financial Services industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Corner Growth Acquisition 2 and its competitors. Corner Growth Acquisition 2's current Ending Cash Position is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corner Growth Acquisition 2 stock overvalued right now?
Corner Growth Acquisition 2 (TRONW) has a current Ending Cash Position of $0.02 Mil. The current Ending Cash Position is $0.02 Mil. Corner Growth Acquisition 2's overall GF Score™ is 32/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Corner Growth Acquisition 2 (TRONW), the current Ending Cash Position is $0.02 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corner Growth Acquisition 2 Business Description

Address 251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Corner Growth Acquisition Corp 2 is a blank check company.
32GF Score

Get the complete analysis for TRONW

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price