Pineapple Financial Inc. (PAPL) — Net Asset Quality Index
Pineapple Financial Inc. (PAPL) has a Net Asset Quality Index of 17.9% as of May 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $4.70 Million minus total liabilities of $3.86 Million yields net assets of $842.57K. A higher index indicates a stronger, lower-leverage balance sheet. Check PAPL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Pineapple Financial Inc. Net Asset Quality Index Over Time (2020–2024)
This chart shows how Pineapple Financial Inc.'s Net Asset Quality Index has evolved across 5 annual periods from 2020 to 2024. As of May 2025, the index stands at 17.9%, representing net assets of $842.57K against total assets of $4.70 Million USD. See PAPL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Pineapple Financial Inc. (2020–2024)
The table below presents the year-by-year Net Asset Quality Index for Pineapple Financial Inc. from 2020 to 2024, covering 5 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Pineapple Financial Inc. stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 32.9% | $1.35 Million | $4.10 Million | $2.75 Million | ▼ -5.6 pp |
| 2023 | 38.6% | $1.79 Million | $4.63 Million | $2.84 Million | ▼ -33.4 pp |
| 2022 | 72.0% | $4.63 Million | $6.43 Million | $1.80 Million | ▼ -19.3 pp |
| 2021 | 91.3% | $6.92 Million | $7.58 Million | $662.56K | ▲ +40.8 pp |
| 2020 | 50.5% | $156.77K | $310.38K | $153.61K | — |