Pagaya Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Pagaya Technologies has a total shareholder equity of $800.2M and total debt of $566.2M, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are $1.5B and $683.0M respectively.
Key information
70.8%
Debt to equity ratio
US$566.20m
Debt
Interest coverage ratio | n/a |
Cash | US$275.79m |
Equity | US$800.16m |
Total liabilities | US$683.03m |
Total assets | US$1.48b |
Recent financial health updates
Recent updates
Pagaya 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 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 ($399.1M) exceed its short term liabilities ($169.4M).
Long Term Liabilities: PGY's short term assets ($399.1M) do not cover its long term liabilities ($513.6M).
Debt to Equity History and Analysis
Debt Level: PGY's net debt to equity ratio (36.3%) 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: 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 36.2% per year.