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PPYA (Papaya Growth Opportunity I) Return-on-Tangible-Asset : -23.25% (As of Dec. 2024)


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What is Papaya Growth Opportunity I Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Papaya Growth Opportunity I's annualized Net Income for the quarter that ended in Dec. 2024 was $-1.90 Mil. Papaya Growth Opportunity I's average total tangible assets for the quarter that ended in Dec. 2024 was $8.19 Mil. Therefore, Papaya Growth Opportunity I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -23.25%.

The historical rank and industry rank for Papaya Growth Opportunity I's Return-on-Tangible-Asset or its related term are showing as below:

PPYA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.25   Med: 1.04   Max: 1.17
Current: -12.25

During the past 4 years, Papaya Growth Opportunity I's highest Return-on-Tangible-Asset was 1.17%. The lowest was -12.25%. And the median was 1.04%.

PPYA's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.55 vs PPYA: -12.25

Papaya Growth Opportunity I Return-on-Tangible-Asset Historical Data

The historical data trend for Papaya Growth Opportunity I's Return-on-Tangible-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.

Papaya Growth Opportunity I Return-on-Tangible-Asset Chart

Papaya Growth Opportunity I Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
- 1.04 1.17 -8.46

Papaya Growth Opportunity I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.17 -9.56 -10.25 -16.43 -23.25

Competitive Comparison of Papaya Growth Opportunity I's Return-on-Tangible-Asset

For the Shell Companies subindustry, Papaya Growth Opportunity I's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.


Papaya Growth Opportunity I's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Papaya Growth Opportunity I's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Papaya Growth Opportunity I's Return-on-Tangible-Asset falls into.


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Papaya Growth Opportunity I Return-on-Tangible-Asset Calculation

Papaya Growth Opportunity I's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-1.409/( (25.116+8.203)/ 2 )
=-1.409/16.6595
=-8.46 %

Papaya Growth Opportunity I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-1.904/( (8.176+8.203)/ 2 )
=-1.904/8.1895
=-23.25 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2024) net income data.


Papaya Growth Opportunity I  (OTCPK:PPYA) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Papaya Growth Opportunity I Return-on-Tangible-Asset Related Terms

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Papaya Growth Opportunity I Business Description

Traded in Other Exchanges
N/A
Address
3500 South Dupont Highway, Suite HX-102, Dover, DE, USA, 19901
Papaya Growth Opportunity Corp I is a blank check company.
Executives
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Neil B Herceg director 2201 BROADWAY, #705, OAKLAND CA 94612
Daniel A Murillo director 2201 BROADWAY, #705, OAKLAND CA 94612
Timothy J Schenk director 2201 BROADWAY, #705, OAKLAND CA 94612
Alex Spiro officer: President 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Patricia Nakache director 325 SHARON PARK DR., #458, MENLO PARK CA 94025
Diana A Sklar director 2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Clay Whitehead director, 10 percent owner, officer: Chief Executive Officer C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Daniel C Rogers officer: CFO and Secretary 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Papaya Growth Opportunity I Sponsor, Llc 10 percent owner 2201 BROADWAY, SUITE 750, OAKLAND CA 94612
Patrick Pohlen director C/O MNTN DIGITAL, INC., 201 W. 5TH STREET, 11TH FLOOR, AUSTIN TX 78701