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Pagaya Technologies (Pagaya Technologies) Goodwill-to-Asset : 0.01 (As of Dec. 2023)


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What is Pagaya Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Pagaya Technologies's Goodwill for the quarter that ended in Dec. 2023 was $11.0 Mil. Pagaya Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1,208.4 Mil. Therefore, Pagaya Technologies's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.01.


Pagaya Technologies Goodwill-to-Asset Historical Data

The historical data trend for Pagaya Technologies's Goodwill-to-Asset 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.

* Premium members only.

Pagaya Technologies Goodwill-to-Asset Chart

Pagaya Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
- - - 0.01

Pagaya Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 0.01 0.01 0.01

Competitive Comparison of Pagaya Technologies's Goodwill-to-Asset

For the Software - Infrastructure subindustry, Pagaya Technologies's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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.


Pagaya Technologies's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Pagaya Technologies's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Pagaya Technologies's Goodwill-to-Asset falls into.



Pagaya Technologies Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Pagaya Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=10.95/1208.376
=0.01

Pagaya Technologies's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=10.95/1208.376
=0.01

* 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.


Pagaya Technologies  (NAS:PGY) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Pagaya Technologies Goodwill-to-Asset Related Terms

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Pagaya Technologies (Pagaya Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Derech Menachem Begin 121, Azrieli Sarona Building, 54th Floor, Tel-Aviv, ISR, 6701203
Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit.