FTPAW (FTAC Parnassus Acquisition) Interest Expense: $0.00 Mil (TTM As of Sep. 2022)


FTPAW FTAC Parnassus Acquisition Corp FTPAW
22 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is FTAC Parnassus Acquisition Interest Expense?

FTAC Parnassus Acquisition FTPAW 22 Interest Expense is $0.00 Mil as of Sep. 2022. GuruFocus rates FTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FTAC Parnassus Acquisition's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. FTAC Parnassus Acquisition's Operating Income for the three months ended in Sep. 2022 was $ -0.50 Mil. FTAC Parnassus Acquisition's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. FTAC Parnassus Acquisition has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

FTAC Parnassus Acquisition  (NAS:FTPAW) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FTAC Parnassus Acquisition's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

FTAC Parnassus Acquisition's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

FTAC Parnassus Acquisition had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

FTAC Parnassus Acquisition Interest Expense Historical Data

* Premium members only.

The historical data trend for FTAC Parnassus Acquisition's Interest Expense 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 Interest Expense Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Interest Expense
0.00 0.00

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
FTPAW
22GF Score
FTAC Parnassus Acquisition Corp FTPAW
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FTAC Parnassus Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2022 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
FTAC Parnassus Acquisition (FTPAW) has a Interest Expense of $0.00 Mil as of Sep. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on FTAC Parnassus Acquisition and its competitors.
Is FTAC Parnassus Acquisition's Interest Expense too high?
FTAC Parnassus Acquisition's current Interest Expense is $0.00 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 Interest Expense compare to EMLD and FTCV?
FTAC Parnassus Acquisition's Interest Expense of $0.00 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 Interest Expense for a Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on FTAC Parnassus Acquisition and its competitors. FTAC Parnassus Acquisition's current Interest Expense is $0.00 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 Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For FTAC Parnassus Acquisition (FTPAW), the current Interest Expense is $0.00 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

Get the complete analysis for FTPAW

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price