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Pagaya Technologies (Pagaya Technologies) Total Current Liabilities : $169.4 Mil (As of Mar. 2024)


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What is Pagaya Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pagaya Technologies's total current liabilities for the quarter that ended in Mar. 2024 was $169.4

Pagaya Technologies Total Current Liabilities Historical Data

The historical data trend for Pagaya Technologies's Total Current Liabilities 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.

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Pagaya Technologies Total Current Liabilities Chart

Pagaya Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
4.27 28.67 128.02 74.93

Pagaya Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.72 111.71 81.63 74.93 169.38

Pagaya Technologies Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Pagaya Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.1+44.616
+Other Current Liabilities+Current Deferred Liabilities
=18.209+0
=74.9

Pagaya Technologies's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=41.917+127.467
+Other Current Liabilities+Current Deferred Liabilities
=-2.8421709430404E-14+0
=169.4

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Pagaya Technologies Total Current Liabilities Related Terms

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Pagaya Technologies (Pagaya Technologies) Business Description

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Traded in Other Exchanges
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Address
Derech Menachem Begin 121, Azrieli Sarona Building, 54th Floor, Tel-Aviv, ISR, 6701203
Website
https://www.pagaya.com
Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit.