Papaya Growth Opportunity I (Papaya Growth Opportunity I) Total Assets : $25.66 Mil (As of Dec. 2023)

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What is Papaya Growth Opportunity I Total Assets?

Papaya Growth Opportunity I's Total Assets for the quarter that ended in Dec. 2023 was $25.66 Mil.

During the past 12 months, Papaya Growth Opportunity I's average Total Assets Growth Rate was -91.40% per year.

Total Assets is connected with ROA %. Papaya Growth Opportunity I's annualized ROA % for the quarter that ended in Dec. 2023 was -2.68%. Total Assets is also linked to Revenue through Asset Turnover. Papaya Growth Opportunity I's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Papaya Growth Opportunity I Total Assets Historical Data

The historical data trend for Papaya Growth Opportunity I's Total 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.

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Papaya Growth Opportunity I Total Assets Chart

Papaya Growth Opportunity I Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

0.28

298.15

25.66

Papaya Growth Opportunity I Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial				298.15	300.66	104.65	25.40	25.66

Papaya Growth Opportunity I Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Papaya Growth Opportunity I's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4.444	+	21.215
	=	25.66

Papaya Growth Opportunity I's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	4.444	+	21.215
	=	25.66

Papaya Growth Opportunity I (NAS:PPYA) Total Assets Explanation

Total Assets is connected with ROA %.

Papaya Growth Opportunity I's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.684	/	( (25.396	+	25.659)	/ 2 )
	=	-0.684	/	25.5275
	=	-2.68 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Papaya Growth Opportunity I's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (25.396	+	25.659)	/ 2 )
=	0	/	25.5275
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Papaya Growth Opportunity I Total Assets Related Terms

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Papaya Growth Opportunity I (Papaya Growth Opportunity I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Papaya Growth Opportunity Corp I (NAS:PPYA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2201 Broadway, Suite 750, Oakland, CA, USA, 94612

Website

https://www.papayagrowth.com

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

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Headlines

From GuruFocus

Papaya Growth Opportunity Corp. I Announces Closing of $287.5 Million Initial Public Offering

By GuruFocusNews GuruFocusNews • 01-19-2022

Papaya Growth Opportunity Corp. I Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 4, 2022

By GuruFocusNews GuruFocusNews • 03-01-2022