ZING (FTAC Zeus Acquisition) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is FTAC Zeus Acquisition Debt-to-Equity?

FTAC Zeus Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.75 Mil. FTAC Zeus Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. FTAC Zeus Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $402.39 Mil. FTAC Zeus Acquisition's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FTAC Zeus Acquisition's Debt-to-Equity or its related term are showing as below:

ZING's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.16
* Ranked among companies with meaningful Debt-to-Equity only.

FTAC Zeus Acquisition Debt-to-Equity Historical Data

The historical data trend for FTAC Zeus Acquisition's Debt-to-Equity 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.

FTAC Zeus Acquisition Debt-to-Equity Chart

FTAC Zeus Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

FTAC Zeus Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of FTAC Zeus Acquisition's Debt-to-Equity

For the Shell Companies subindustry, FTAC Zeus Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

FTAC Zeus Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FTAC Zeus Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FTAC Zeus Acquisition's Debt-to-Equity falls into.

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FTAC Zeus Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FTAC Zeus Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	396.174
	=	0.00

FTAC Zeus Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.75	+	0)	/	402.391
	=	0.00

FTAC Zeus Acquisition (NAS:ZING) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FTAC Zeus Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FTAC Zeus Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

FTAC Zeus Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Zeus Acquisition Corp (NAS:ZING) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104

Website

FTAC Zeus Acquisition Corp is a blank check company.

Executives

Daniel G Cohen	director, 10 percent owner	712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Pooler Joseph W. Jr.	officer: CFO and Secretary	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Ryan Mark Gilbert	director, 10 percent owner, officer: President and CEO	2201 BROADWAY STE 705, OAKLAND CA 94612
Lynn Eisenhart	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Sponsor Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Zeus Advisors Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Stephen E Lefkovits	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Rochael S Adranly	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Volker G Berl	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104