Pagaya Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Pagaya Technologies has a total shareholder equity of $617.0M and total debt of $653.9M, which brings its debt-to-equity ratio to 106%. Its total assets and total liabilities are $1.4B and $753.8M respectively.
Key information
106.0%
Debt to equity ratio
US$653.90m
Debt
| Interest coverage ratio | n/a |
| Cash | US$158.35m |
| Equity | US$617.03m |
| Total liabilities | US$753.75m |
| Total assets | US$1.37b |
Recent financial health updates
Recent updates
Pagaya Technologies Ltd. (NASDAQ:PGY) Just Reported, And Analysts Assigned A US$20.75 Price Target
Nov 15
Pagaya Technologies Ltd.'s (NASDAQ:PGY) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Nov 08Pagaya Technologies (NASDAQ:PGY) May Have Issues Allocating Its Capital
Oct 24Pagaya Technologies: The Writing Is On The Wall (Rating Downgrade)
Sep 26Little Excitement Around Pagaya Technologies Ltd.'s (NASDAQ:PGY) Revenues
Sep 18Returns On Capital Signal Tricky Times Ahead For Pagaya Technologies (NASDAQ:PGY)
Jun 20Pagaya Technologies Ltd. (NASDAQ:PGY) Soars 30% But It's A Story Of Risk Vs Reward
May 22Pagaya: Everything Is Obvious In Hindsight (Rating Downgrade)
Apr 19Pagaya's Race Against Time
Mar 18Even With A 27% Surge, Cautious Investors Are Not Rewarding Pagaya Technologies Ltd.'s (NASDAQ:PGY) Performance Completely
Feb 23Pagaya Technologies (NASDAQ:PGY) Is Carrying A Fair Bit Of Debt
Feb 18Many Still Looking Away From Pagaya Technologies Ltd. (NASDAQ:PGY)
Dec 09Pagaya Technologies Ltd.'s (NASDAQ:PGY) Intrinsic Value Is Potentially 93% Above Its Share Price
Sep 09Analysts Are Upgrading Pagaya Technologies Ltd. (NASDAQ:PGY) After Its Latest Results
Feb 18Financial Position Analysis
Short Term Liabilities: PGY's short term assets ($298.5M) exceed its short term liabilities ($254.5M).
Long Term Liabilities: PGY's short term assets ($298.5M) do not cover its long term liabilities ($499.3M).
Debt to Equity History and Analysis
Debt Level: PGY's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: Insufficient data to determine if PGY's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PGY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PGY is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.3% per year.