Pagaya Technologies Ltd. Working Capital to Net Assets Ratio
Pagaya Technologies Ltd. working capital to net assets ratio. Pagaya Technologies Ltd. (PGY) has a Working Capital to Net Assets ratio of 35.5% as of March 2026. Working capital of $212.48 Million (current assets of $550.72 Million minus current liabilities of $338.24 Million) is measured against net assets of $599.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Pagaya Technologies Ltd. to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pagaya Technologies Ltd. (2019–2025)
Working capital to net assets ratio of Pagaya Technologies Ltd. from 2019 to 2025. This chart shows how Pagaya Technologies Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 35.5%, reflecting working capital of $212.48 Million against net assets of $599.15 Million USD. See Pagaya Technologies Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Pagaya Technologies Ltd. Working Capital to Net Assets Ratio by Year (2019–2025)
Pagaya Technologies Ltd. working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Pagaya Technologies Ltd. from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see PGY total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 65.4% | $363.03 Million | $555.35 Million | $441.60 Million | $78.57 Million | ▲ +30.0 pp |
| 2024 | 35.3% | $155.99 Million | $441.55 Million | $351.48 Million | $195.49 Million | ▲ +1.0 pp |
| 2023 | 34.3% | $228.48 Million | $665.75 Million | $303.40 Million | $74.92 Million | ▼ -3.8 pp |
| 2022 | 38.1% | $291.80 Million | $765.42 Million | $419.82 Million | $128.02 Million | ▼ -6.9 pp |
| 2021 | 45.0% | $217.86 Million | $484.40 Million | $246.53 Million | $28.67 Million | ▲ +7.5 pp |
| 2020 | 37.5% | $72.70 Million | $194.13 Million | $76.97 Million | $4.27 Million | ▲ +3.7 pp |
| 2019 | 33.8% | $19.25 Million | $56.99 Million | $20.89 Million | $1.64 Million | — |