Pineapple Financial Inc. (PAPL) — Defensive Interval Ratio

Latest as of May 2025: 27 days

Pineapple Financial Inc. (PAPL) has a Defensive Interval Ratio of 27 days as of May 2025. Defensive assets of $180.46K (cash $-, short-term investments $-, receivables $180.46K) cover 27 days of daily cash needs of $6.61K/day. See PAPL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

$180.46K
Cash + ST Investments + Receivables

Daily Cash Need

$6.61K
Current Liabilities ÷ 365

Current Liabilities

$2.41 Million
USD

Pineapple Financial Inc. Defensive Interval Ratio (2020–2024)

This chart shows how Pineapple Financial Inc.'s Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of May 2025, the ratio stands at 27 days, meaning defensive assets of $180.46K can fund 27 days of operations without new revenue. See net asset quality index of Pineapple Financial Inc. to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Pineapple Financial Inc. (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Pineapple Financial Inc. from 2020 to 2024, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Pineapple Financial Inc. market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 41 days $155.22K $3.83K/day $- $- ▼ -196 days
2023 236 days $758.99K $3.22K/day $- $- ▲ +187 days
2022 49 days $104.20K $2.14K/day $- $- ▼ -5 days
2021 54 days $66.42K $1.23K/day $- $- ▲ +36 days
2020 18 days $9.90K $548.35/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)