Pineapple Financial Balance Sheet Health
Financial Health criteria checks 3/6
Pineapple Financial has a total shareholder equity of $2.9M and total debt of $532.9K, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are $5.6M and $2.6M respectively.
Key information
18.1%
Debt to equity ratio
US$532.90k
Debt
Interest coverage ratio | n/a |
Cash | US$1.34m |
Equity | US$2.95m |
Total liabilities | US$2.62m |
Total assets | US$5.57m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAPL's short term assets ($2.4M) exceed its short term liabilities ($1.2M).
Long Term Liabilities: PAPL's short term assets ($2.4M) exceed its long term liabilities ($1.4M).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PAPL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.1% each year