Corner Growth Acquisition Corp. 2

NasdaqCM:TRON.U Stock Report

Market Cap: US$58.4m

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Corner Growth Acquisition 2 Balance Sheet Health

Financial Health criteria checks 3/6

Corner Growth Acquisition 2 has a total shareholder equity of $-11.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.3M and $16.8M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$18.78k
Equity-US$11.43m
Total liabilitiesUS$16.76m
Total assetsUS$5.34m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TRON.U has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TRON.U has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TRON.U is debt free.

Reducing Debt: TRON.U's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: TRON.U has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TRON.U has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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