Pineapple Financial Balance Sheet Health
Financial Health criteria checks 4/6
Pineapple Financial has a total shareholder equity of $2.0M and total debt of $80.6K, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are $4.3M and $2.3M respectively.
Key information
3.9%
Debt to equity ratio
US$80.57k
Debt
| Interest coverage ratio | n/a |
| Cash | US$748.77k |
| Equity | US$2.05m |
| Total liabilities | US$2.26m |
| Total assets | US$4.31m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAPL's short term assets ($1.1M) exceed its short term liabilities ($689.8K).
Long Term Liabilities: PAPL's short term assets ($1.1M) do not cover its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: PAPL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PAPL's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PAPL has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PAPL is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.