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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Enterprise Value : $61.93 Mil (As of May. 25, 2024)


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What is Corner Growth Acquisition 2 Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Corner Growth Acquisition 2's Enterprise Value is $61.93 Mil. Corner Growth Acquisition 2's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.56 Mil. Therefore, Corner Growth Acquisition 2's EV-to-EBIT ratio for today is -39.65.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Corner Growth Acquisition 2's Enterprise Value is $61.93 Mil. Corner Growth Acquisition 2's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.56 Mil. Therefore, Corner Growth Acquisition 2's EV-to-EBITDA ratio for today is -39.65.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Corner Growth Acquisition 2's Enterprise Value is $61.93 Mil. Corner Growth Acquisition 2's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil. Therefore, Corner Growth Acquisition 2's EV-to-Revenue ratio for today is .


Corner Growth Acquisition 2 Enterprise Value Historical Data

The historical data trend for Corner Growth Acquisition 2's Enterprise Value 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 Enterprise Value Chart

Corner Growth Acquisition 2 Annual Data
Trend Dec21 Dec22 Dec23
Enterprise Value
227.21 123.32 75.34

Corner Growth Acquisition 2 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.61 70.02 72.75 75.34 58.32

Competitive Comparison of Corner Growth Acquisition 2's Enterprise Value

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

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

* The bar in red indicates where Corner Growth Acquisition 2's Enterprise Value falls into.



Corner Growth Acquisition 2 Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Corner Growth Acquisition 2's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Corner Growth Acquisition 2's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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  (NAS:TRON) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Corner Growth Acquisition 2's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=61.927/-1.562
=-39.65

Corner Growth Acquisition 2's current Enterprise Value is $61.93 Mil.
Corner Growth Acquisition 2's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.56 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Corner Growth Acquisition 2's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=61.927/-1.562
=-39.65

Corner Growth Acquisition 2's current Enterprise Value is $61.93 Mil.
Corner Growth Acquisition 2's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.56 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Corner Growth Acquisition 2's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=61.927/0
=

Corner Growth Acquisition 2's current Enterprise Value is $61.93 Mil.
Corner Growth Acquisition 2's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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 Enterprise Value Related Terms

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

Traded in Other Exchanges
N/A
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Website
Corner Growth Acquisition Corp 2 is a blank check company.
Executives
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Highbridge Capital Management Llc 10 percent owner 277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Taconic Capital Advisors (hong Kong) Ltd 10 percent owner UNIT 1601, 16TH FLOOR, RUTTENJEE HOUSE, RUTTENJEE CTR, 11 DUDDELL STREET, HONG KONG K3 00000
John J. Cadeddu director, 10 percent owner, officer: Co-Chairman 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, 10 percent owner, officer: CEO and Chairman C/O CGA, 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 Investment 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
Cga Sponsor 2, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301

Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Headlines