Papaya Growth Opportunity Corp I - Asset Resilience Ratio

Latest as of June 2024: 97.99%

Papaya Growth Opportunity Corp I (PPYA) has an Asset Resilience Ratio of 97.99% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See how liquid is Papaya Growth Opportunity Corp I's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$7.83 Million
Cash + Short-term Investments

Total Assets

$7.99 Million
All company assets

Resilience Assessment

Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Papaya Growth Opportunity Corp I's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see how large is Papaya Growth Opportunity Corp I's balance sheet.

Liquid Assets Composition Over Time

This chart breaks down Papaya Growth Opportunity Corp I's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read PPYA total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $7.83 Million 97.99%
Total Liquid Assets $7.83 Million 97.99%

Asset Resilience Insights

  • Very High Liquidity: Papaya Growth Opportunity Corp I maintains exceptional liquid asset reserves at 97.99% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Papaya Growth Opportunity Corp I Industry Peers by Asset Resilience Ratio

Compare Papaya Growth Opportunity Corp I's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
HCM II Acquisition Corp. Unit
NASDAQ:HONDU
Shell Companies 99.63%
Centurion Acquisition Corp.
NASDAQ:ALF
Shell Companies 99.95%
Rithm Acquisition Corp.
NYSE:RAC
Shell Companies 0.35%

Annual Asset Resilience Ratio for Papaya Growth Opportunity Corp I (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Papaya Growth Opportunity Corp I.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 99.44% $24.98 Million $25.12 Million --
pp = percentage points

About Papaya Growth Opportunity Corp I

NASDAQ:PPYA USA Shell Companies
Market Cap
$98.24 Million
Market Cap Rank
#19333 Global
#4436 in USA
Share Price
$11.01
Change (1 day)
+0.00%
52-Week Range
$11.01 - $11.01
All Time High
$12.00
About

Papaya Growth Opportunity Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Oakland, California.