Papaya Growth Opportunity Corp I Working Capital to Net Assets Ratio
Papaya Growth Opportunity Corp I working capital to net assets ratio. Papaya Growth Opportunity Corp I (PPYA) has a Working Capital to Net Assets ratio of 104.4% as of September 2025. Working capital of $-24.13 Million (current assets of $186.71K minus current liabilities of $24.32 Million) is measured against net assets of $-23.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Papaya Growth Opportunity Corp I tangible equity quality 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 Papaya Growth Opportunity Corp I (2021–2024)
Working capital to net assets ratio of Papaya Growth Opportunity Corp I from 2021 to 2024. This chart shows how Papaya Growth Opportunity Corp I's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 104.4%, reflecting working capital of $-24.13 Million against net assets of $-23.10 Million USD. See PPYA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Papaya Growth Opportunity Corp I Working Capital to Net Assets Ratio by Year (2021–2024)
Papaya Growth Opportunity Corp I working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Papaya Growth Opportunity Corp I from 2021 to 2024, covering 4 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 balance sheet size of Papaya Growth Opportunity Corp I.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 153.2% | $-23.15 Million | $-15.11 Million | $163.96K | $23.32 Million | ▲ +693.4 pp |
| 2023 | -540.2% | $-21.07 Million | $3.90 Million | $139.74K | $21.21 Million | ▼ -534.9 pp |
| 2022 | -5.3% | $-15.01 Million | $282.00 Million | $577.67K | $15.59 Million | ▼ -3296.9 pp |
| 2021 | 3291.5% | $-262.40K | $-7.97K | $21.99K | $284.39K | — |