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Pagaya Technologies (Pagaya Technologies) Liabilities-to-Assets : 0.45 (As of Dec. 2023)


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What is Pagaya Technologies Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Pagaya Technologies's Total Liabilities for the quarter that ended in Dec. 2023 was $542.6 Mil. Pagaya Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1,208.4 Mil. Therefore, Pagaya Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.45.


Pagaya Technologies Liabilities-to-Assets Historical Data

The historical data trend for Pagaya Technologies's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Pagaya Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.05 0.18 0.27 0.45

Pagaya Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.34 0.35 0.45 0.45

Competitive Comparison of Pagaya Technologies's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Pagaya Technologies's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Software Industry

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

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



Pagaya Technologies Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Pagaya Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=542.627/1208.376
=0.45

Pagaya Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=542.627/1208.376
=0.45

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Pagaya Technologies Liabilities-to-Assets 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.