Pagaya Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Pagaya Technologies has a total shareholder equity of $740.0M and total debt of $361.7M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are $1.2B and $468.4M respectively.
Key information
48.9%
Debt to equity ratio
US$361.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$188.97m |
| Equity | US$740.00m |
| Total liabilities | US$468.38m |
| Total assets | US$1.21b |
Recent financial health updates
Recent updates
Pagaya: 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 23
Pagaya 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 18Pagaya Tech shares slump almost 60% as company files for new stock sale
Sep 20Pagaya Technologies fall 12% as Israeli AI tech company's post-earnings swoon continues.
Aug 22Pagaya Technologies Non-GAAP EPS of $0.00, revenue of $181.55M
Aug 16Pagaya: Very Risky Short Despite Sky-High Valuation
Jul 25Financial Position Analysis
Short Term Liabilities: PGY's short term assets ($303.4M) exceed its short term liabilities ($74.9M).
Long Term Liabilities: PGY's short term assets ($303.4M) do not cover its long term liabilities ($393.5M).
Debt to Equity History and Analysis
Debt Level: PGY's net debt to equity ratio (23.3%) is considered satisfactory.
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: PGY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PGY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.