FTPAW (FTAC Parnassus Acquisition) Ending Cash Position: $0.11 Mil (As of Sep. 2022)

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FTPAW FTAC Parnassus Acquisition Corp FTPAW
22 GF Score
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What is FTAC Parnassus Acquisition Ending Cash Position?

FTAC Parnassus Acquisition FTPAW 22 Ending Cash Position is $0.11 Mil as of Sep. 2022. GuruFocus rates FTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

FTAC Parnassus Acquisition's Ending Cash Position for the quarter that ended in Sep. 2022 was $0.11 Mil.

FTAC Parnassus Acquisition's quarterly Ending Cash Position declined from Mar. 2022 ($0.40 Mil) to Jun. 2022 ($0.17 Mil) and declined from Jun. 2022 ($0.17 Mil) to Sep. 2022 ($0.11 Mil).

FTAC Parnassus Acquisition's annual Ending Cash Position stayed the same from . 20 ($0.00 Mil) to Dec. 2020 ($0.00 Mil) but then increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.81 Mil).

FTAC Parnassus Acquisition Ending Cash Position Related Terms

FTAC Parnassus Acquisition Ending Cash Position Historical Data

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The historical data trend for FTAC Parnassus Acquisition'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.

FTAC Parnassus Acquisition Ending Cash Position Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Ending Cash Position
0.00 0.81

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Ending Cash Position Get a 7-Day Free Trial 1.06 0.81 0.40 0.17 0.11
FTPAW
22GF Score
FTAC Parnassus Acquisition Corp FTPAW
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FTAC Parnassus Acquisition 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.

FTAC Parnassus Acquisition's Ending Cash Position for the fiscal year that ended in Dec. 2021 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=-7.2164496600635E-15+0.81100000000001
=0.81

FTAC Parnassus Acquisition's Ending Cash Position for the quarter that ended in Sep. 2022 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.317+-0.212
=0.11

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.11 Mil mean?
FTAC Parnassus Acquisition (FTPAW) has a Ending Cash Position of $0.11 Mil as of Sep. 2022. 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 FTAC Parnassus Acquisition and its competitors.
Is FTAC Parnassus Acquisition's Ending Cash Position too high?
FTAC Parnassus Acquisition's current Ending Cash Position is $0.11 Mil. Overall, FTAC Parnassus Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does FTAC Parnassus Acquisition's Ending Cash Position compare to EMLD and FTCV?
FTAC Parnassus Acquisition's Ending Cash Position of $0.11 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 FTAC Parnassus Acquisition and its competitors. FTAC Parnassus Acquisition's current Ending Cash Position is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTAC Parnassus Acquisition stock overvalued right now?
FTAC Parnassus Acquisition (FTPAW) has a current Ending Cash Position of $0.11 Mil. The current Ending Cash Position is $0.11 Mil. FTAC Parnassus Acquisition's overall GF Score™ is 22/100 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 FTAC Parnassus Acquisition (FTPAW), the current Ending Cash Position is $0.11 Mil as of Sep. 2022. 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.

FTAC Parnassus Acquisition Business Description

Address 2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
FTAC Parnassus Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
22GF Score

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