Pineapple Balance Sheet Health
Financial Health criteria checks 0/6
Pineapple has a total shareholder equity of $-2.3M and total debt of $66.6K, which brings its debt-to-equity ratio to -2.9%. Its total assets and total liabilities are $8.1M and $10.4M respectively.
Key information
-2.9%
Debt to equity ratio
US$66.57k
Debt
Interest coverage ratio | n/a |
Cash | US$1.51k |
Equity | -US$2.32m |
Total liabilities | US$10.43m |
Total assets | US$8.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNPL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PNPL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PNPL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PNPL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: PNPL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PNPL's interest payments on its debt are well covered by EBIT.