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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Corner Growth Acquisition 2's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-6.17 Mil. Corner Growth Acquisition 2's Total Assets for the quarter that ended in Mar. 2024 was $5.34 Mil.
The historical rank and industry rank for Corner Growth Acquisition 2's Equity-to-Asset or its related term are showing as below:
During the past 3 years, the highest Equity to Asset Ratio of Corner Growth Acquisition 2 was 0.95. The lowest was -1.16. And the median was 0.88.
The historical data trend for Corner Growth Acquisition 2's Equity-to-Asset 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 Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Equity-to-Asset | 0.91 | 0.88 | 0.49 |
Corner Growth Acquisition 2 Quarterly Data | |||||||||||||
Feb21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.48 | 0.44 | 0.45 | 0.49 | -1.16 |
For the Shell Companies subindustry, Corner Growth Acquisition 2's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
For the Diversified Financial Services industry and Financial Services sector, Corner Growth Acquisition 2's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Corner Growth Acquisition 2's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Corner Growth Acquisition 2's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Equity to Asset (A: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 10.362 | / | 21.242 | |
= |
Corner Growth Acquisition 2's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as
Equity to Asset (Q: Mar. 2024 ) | = | Total Stockholders Equity | / | Total Assets |
= | -6.166 | / | 5.339 | |
= |
* 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) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Thank you for viewing the detailed overview of Corner Growth Acquisition 2's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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