PGYPagaya Technologies Ltd.

$22.41

Is it safe?

Can PGY take a bad year?

Pagaya Technologies Ltd. carries $3.7M of net debt at 0.01× EBITDA: a load its earnings can carry.

$3.7M

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.01×

Net debt / EBITDA · 2.97× a year ago · the load is coming down

Debt / equity
0.43×

Debt / equity

Annualised volatility
92%

Annualised volatility · three times the market's own swing

Details
Total debtQ2 2026
$253M
Cash and short-term investments
$249M
Net debt
$3.7M
EBITDA, trailing twelve months
$368M
Operating profit, trailing twelve months
$345M
Debt / equity
0.43×
Total debt / EBITDA
0.69×
Annualised volatilitytwo years of daily moves
92%
Worst drawdown on file
−98%
Below its 52-week high
−49%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.