FTPAW (FTAC Parnassus Acquisition) LT-Debt-to-Total-Asset: 0.00 (As of Sep. 2022)


FTPAW FTAC Parnassus Acquisition Corp FTPAW
22 GF Score
Price $0.00
! 1 Warning Sign
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What is FTAC Parnassus Acquisition LT-Debt-to-Total-Asset?

FTAC Parnassus Acquisition FTPAW 22 LT-Debt-to-Total-Asset is 0.00 as of Sep. 2022. GuruFocus rates FTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. FTAC Parnassus Acquisition's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.00.

FTAC Parnassus Acquisition's long-term debt to total assets ratio stayed the same from Sep. 2021 (0.00) to Sep. 2022 (0.00).

FTAC Parnassus Acquisition  (NAS:FTPAW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

FTAC Parnassus Acquisition LT-Debt-to-Total-Asset Related Terms

FTAC Parnassus Acquisition LT-Debt-to-Total-Asset Historical Data

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The historical data trend for FTAC Parnassus Acquisition's LT-Debt-to-Total-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.

FTAC Parnassus Acquisition LT-Debt-to-Total-Asset Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
LT-Debt-to-Total-Asset
0.00 0.00

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
FTPAW
22GF Score
FTAC Parnassus Acquisition Corp FTPAW
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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FTAC Parnassus Acquisition LT-Debt-to-Total-Asset Calculation

FTAC Parnassus Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=0/251.131
=

FTAC Parnassus Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=0/251.367
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
FTAC Parnassus Acquisition (FTPAW) has a LT-Debt-to-Total-Asset of 0.00 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on FTAC Parnassus Acquisition and its competitors.
Is FTAC Parnassus Acquisition's LT-Debt-to-Total-Asset too high?
FTAC Parnassus Acquisition's current LT-Debt-to-Total-Asset is 0.00. 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 LT-Debt-to-Total-Asset compare to EMLD and FTCV?
FTAC Parnassus Acquisition's LT-Debt-to-Total-Asset of 0.00 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 LT-Debt-to-Total-Asset for a Diversified Financial Services company?
A good LT-Debt-to-Total-Asset depends on the Diversified Financial Services industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on FTAC Parnassus Acquisition and its competitors. FTAC Parnassus Acquisition's current LT-Debt-to-Total-Asset is 0.00. 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 LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For FTAC Parnassus Acquisition (FTPAW), the current LT-Debt-to-Total-Asset is 0.00 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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