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. Read Pineapple Financial Inc. (PAPL) total liabilities for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see PAPL market cap.
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. Check how strategically is Pineapple Financial Inc.'s equity deployed to assess the company's strategic physical and investment asset allocation.
| 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 | — |