Pineapple Express Cannabis Company

OTCPK:PNXP Stock Report

Market Cap: US$4.8m

Pineapple Express Cannabis Balance Sheet Health

Financial Health criteria checks 0/6

Pineapple Express Cannabis has a total shareholder equity of $29.7K and total debt of $3.0M, which brings its debt-to-equity ratio to 9972.5%. Its total assets and total liabilities are $3.0M and $3.0M respectively.

Key information

9,972.5%

Debt to equity ratio

US$2.97m

Debt

Interest coverage ration/a
CashUS$30.00
EquityUS$29.75k
Total liabilitiesUS$2.98m
Total assetsUS$3.01m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PNXP's short term assets ($9.9K) do not cover its short term liabilities ($3.0M).

Long Term Liabilities: PNXP's short term assets ($9.9K) do not cover its long term liabilities ($-1.0).


Debt to Equity History and Analysis

Debt Level: PNXP's net debt to equity ratio (9972.4%) is considered high.

Reducing Debt: Insufficient data to determine if PNXP's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: PNXP's debt is not well covered by operating cash flow (0.8%).

Interest Coverage: Insufficient data to determine if PNXP's interest payments on its debt are well covered by EBIT.


Balance Sheet


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