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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Net Cash per Share : $-0.44 (As of Jun. 2023)


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What is FTAC Zeus Acquisition Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). FTAC Zeus Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 was $-0.44.

The historical rank and industry rank for FTAC Zeus Acquisition's Net Cash per Share or its related term are showing as below:

ZING's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.77
* Ranked among companies with meaningful Price-to-Net-Cash only.

FTAC Zeus Acquisition Net Cash per Share Historical Data

The historical data trend for FTAC Zeus Acquisition's Net Cash per Share 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 Net Cash per Share Chart

FTAC Zeus Acquisition Annual Data
Trend Dec21 Dec22
Net Cash per Share
-0.37 -0.43

FTAC Zeus Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.40 -0.42 -0.43 -0.46 -0.44

Competitive Comparison of FTAC Zeus Acquisition's Net Cash per Share

For the Shell Companies subindustry, FTAC Zeus Acquisition's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where FTAC Zeus Acquisition's Price-to-Net-Cash falls into.



FTAC Zeus Acquisition Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

FTAC Zeus Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.557-24.822-0)/56.0383
=-0.43

FTAC Zeus Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.213-25.111-0)/56.0383
=-0.44

* 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 Zeus Acquisition  (NAS:ZING) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


FTAC Zeus Acquisition Net Cash per Share Related Terms

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FTAC Zeus Acquisition (FTAC Zeus Acquisition) Business Description

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