Pagaya Technologies (PGY)

Net assets on the balance sheet as of June 2024 : HK$4.78 Billion

According to Pagaya Technologies's latest financial reports the company has HK$4.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pagaya Technologies - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.19 B	-13.06%
2022-12-31	$HK$5.98 B	58.33%
2021-12-31	$HK$3.77 B	150.99%
2020-12-31	$HK$1.50 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Pagaya Technologies (PGY) - Net assets