FTPAW (FTAC Parnassus Acquisition) Tax Provision: $-0.24 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 Tax Provision?

FTAC Parnassus Acquisition FTPAW 22 Tax Provision is $-0.24 Mil as of Sep. 2022. GuruFocus rates FTPAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

FTAC Parnassus Acquisition's tax provision for the three months ended in Sep. 2022 was $-0.20 Mil. Its tax provision for the trailing twelve months (TTM) ended in Sep. 2022 was $-0.24 Mil.

FTAC Parnassus Acquisition Tax Provision Historical Data

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The historical data trend for FTAC Parnassus Acquisition's Tax Provision 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 Tax Provision Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Tax Provision
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FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Provision Get a 7-Day Free Trial 0.00 0.00 0.00 -0.04 -0.20
FTPAW
22GF Score
FTAC Parnassus Acquisition Corp FTPAW
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FTAC Parnassus Acquisition Tax Provision Calculation

Tax to be paid.

Tax Provision 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 $-0.24 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 Tax Provision →
What does a Tax Provision of $-0.24 Mil mean?
FTAC Parnassus Acquisition (FTPAW) has a Tax Provision of $-0.24 Mil as of Sep. 2022. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on FTAC Parnassus Acquisition and its competitors.
Is FTAC Parnassus Acquisition's Tax Provision too high?
FTAC Parnassus Acquisition's current Tax Provision is $-0.24 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 Tax Provision compare to EMLD and FTCV?
FTAC Parnassus Acquisition's Tax Provision of $-0.24 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 Tax Provision for a Diversified Financial Services company?
A good Tax Provision depends on the Diversified Financial Services industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on FTAC Parnassus Acquisition and its competitors. FTAC Parnassus Acquisition's current Tax Provision is $-0.24 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 Tax Provision of $-0.24 Mil. The current Tax Provision is $-0.24 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For FTAC Parnassus Acquisition (FTPAW), the current Tax Provision is $-0.24 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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