FTPAW (FTAC Parnassus Acquisition) Selling, General, & Admin. Expense: $1.67 Mil (TTM 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 Selling, General, & Admin. Expense?

FTAC Parnassus Acquisition FTPAW 22 Selling, General, & Admin. Expense is $1.67 Mil as of Sep. 2022. GuruFocus rates FTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. FTAC Parnassus Acquisition's selling, general, & admin. expense for the three months ended in Sep. 2022 was $0.45 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2022 was $1.67 Mil.


FTAC Parnassus Acquisition  (NAS:FTPAW) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


FTAC Parnassus Acquisition Selling, General, & Admin. Expense Related Terms


FTAC Parnassus Acquisition Selling, General, & Admin. Expense Historical Data

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The historical data trend for FTAC Parnassus Acquisition's Selling, General, & Admin. 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 Selling, General, & Admin. Expense Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Selling, General, & Admin. Expense
0.00 1.13

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Selling, General, & Admin. Expense Get a 7-Day Free Trial 0.27 0.49 0.33 0.40 0.45

FTPAW vs EMLD, FTCV, CNDA: Selling, General, & Admin. Expense Comparison

For the Shell Companies subindustry, FTAC Parnassus Acquisition's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, FTAC Parnassus Acquisition's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where FTAC Parnassus Acquisition's Selling, General, & Admin. Expense falls into.


FTPAW
22GF Score
FTAC Parnassus Acquisition Corp FTPAW
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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FTAC Parnassus Acquisition Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. 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 $1.67 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.

What does a Selling, General, & Admin. Expense of $1.67 Mil mean?
FTAC Parnassus Acquisition (FTPAW) has a Selling, General, & Admin. Expense of $1.67 Mil as of Sep. 2022. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on FTAC Parnassus Acquisition and its competitors.
Is FTAC Parnassus Acquisition's Selling, General, & Admin. Expense too high?
FTAC Parnassus Acquisition's current Selling, General, & Admin. Expense is $1.67 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 Selling, General, & Admin. Expense compare to EMLD and FTCV?
FTAC Parnassus Acquisition's Selling, General, & Admin. Expense of $1.67 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 Selling, General, & Admin. Expense for a Diversified Financial Services company?
A good Selling, General, & Admin. Expense depends on the Diversified Financial Services industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on FTAC Parnassus Acquisition and its competitors. FTAC Parnassus Acquisition's current Selling, General, & Admin. Expense is $1.67 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 Selling, General, & Admin. Expense of $1.67 Mil. The current Selling, General, & Admin. Expense is $1.67 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For FTAC Parnassus Acquisition (FTPAW), the current Selling, General, & Admin. Expense is $1.67 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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