Pagaya Technologies Ltd. (PGY) — Financial Flexibility Index

Latest as of March 2026: 0.04x

Pagaya Technologies Ltd. (PGY) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of $46.36 Million (operating CF $43.18 Million minus capex $3.18 Million) represents 0% of total liabilities ($1.05 Billion). Check PGY capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$46.36 Million
Operating CF − Capex

Total Liabilities

$1.05 Billion
USD

Capital Expenditures

$3.18 Million
USD

Pagaya Technologies Ltd. Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Pagaya Technologies Ltd. across 7 annual periods. For the full cash flow conversion analysis, see PGY cash flow metrics.

Annual Financial Flexibility Index for Pagaya Technologies Ltd. (2019–2025)

Year-by-year free cash flow to debt coverage for Pagaya Technologies Ltd.. Explore Pagaya Technologies Ltd. cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.25x $252.52 Million $238.62 Million $990.56 Million ▲ +141.3%
2024 0.11x $89.76 Million $66.52 Million $849.53 Million ▲ +92.6%
2023 0.05x $29.77 Million $9.58 Million $542.63 Million ▲ +187.2%
2022 -0.06x $-17.59 Million $-40.00 Million $279.66 Million ▼ -111.8%
2021 0.53x $56.44 Million $49.81 Million $105.86 Million ▲ +1.0%
2020 0.53x $5.35 Million $4.26 Million $10.15 Million ▲ +111.9%
2019 -4.44x $-7.28 Million $-7.95 Million $1.64 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities