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PPYA (Papaya Growth Opportunity I) Total Assets : $8.18 Mil (As of Sep. 2024)


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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 Sep. 2024 was $8.18 Mil.

During the past 12 months, Papaya Growth Opportunity I's average Total Assets Growth Rate was -67.80% per year.

Total Assets is connected with ROA %. Papaya Growth Opportunity I's annualized ROA % for the quarter that ended in Sep. 2024 was -16.43%. Total Assets is also linked to Revenue through Asset Turnover. Papaya Growth Opportunity I's Asset Turnover for the quarter that ended in Sep. 2024 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.

* Premium members only.

Papaya Growth Opportunity I Total Assets Chart

Papaya Growth Opportunity I Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.28 298.15 25.12

Papaya Growth Opportunity I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.40 25.12 8.01 7.99 8.18

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 )
=3.901+21.215
=25.12

Papaya Growth Opportunity I's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-14.638+22.814
=8.18

* 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.

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 Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-1.328/( (7.989+8.176)/ 2 )
=-1.328/8.0825
=-16.43 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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 Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (7.989+8.176)/ 2 )
=0/8.0825
=0.00

* 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.

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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Papaya Growth Opportunity Corp I (NAS:PPYA) » Definitions » Total Assets
Comparable Companies
MCAA NFYS KVAC RCFA CFFS PHYT ISRL XPDB PRPC BRKH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
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