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FTAC Parnassus Acquisition (FTAC Parnassus Acquisition) Net Margin % : 0.00% (As of Sep. 2022)


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What is FTAC Parnassus Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. FTAC Parnassus Acquisition's Net Income for the three months ended in Sep. 2022 was $0.92 Mil. FTAC Parnassus Acquisition's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Therefore, FTAC Parnassus Acquisition's net margin for the quarter that ended in Sep. 2022 was 0.00%.

The historical rank and industry rank for FTAC Parnassus Acquisition's Net Margin % or its related term are showing as below:


FTPAW's Net Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Net Margin % only.

FTAC Parnassus Acquisition Net Margin % Historical Data

The historical data trend for FTAC Parnassus Acquisition's Net Margin % 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 Parnassus Acquisition Net Margin % Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Net Margin %
- -

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Margin % Get a 7-Day Free Trial - - - - -

Competitive Comparison of FTAC Parnassus Acquisition's Net Margin %

For the Shell Companies subindustry, FTAC Parnassus Acquisition's Net Margin %, along with its competitors' market caps and Net Margin % 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 Parnassus Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FTAC Parnassus Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where FTAC Parnassus Acquisition's Net Margin % falls into.


FTAC Parnassus Acquisition Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

FTAC Parnassus Acquisition's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

Net Margin=Net Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=-0.184/0
= %

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

Net Margin=Net Income (Q: Sep. 2022 )/Revenue (Q: Sep. 2022 )
=0.917/0
= %

* 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  (NAS:FTPAW) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

FTAC Parnassus Acquisition Net Margin % Related Terms

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FTAC Parnassus Acquisition (FTAC Parnassus Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Parnassus Acquisition Corp (NAS:FTPAW) » Definitions » Net Margin %
Comparable Companies
EMLD FTCV CNDA FTVI PICC BACA GTPA DISA FTEV BLEU GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
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.