Pineapple Express
Pineapple, Inc. operates as a portfolio management company in the cannabis sector. The company procures and leases properties to licensed cannabis operators; and provides hemp-derived CBD sales via online and in-store transactions. It also offers cannabis business licensing and consulting services. The company was founded in 1983 and is headquartered in Los Angeles, California.
Pineapple Express (PNPL) - Net Assets
Latest net assets as of June 2025: $-3.11 Million USD
Based on the latest financial reports, Pineapple Express (PNPL) has net assets worth $-3.11 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.31 Million) and total liabilities ($12.42 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.11 Million |
| % of Total Assets | -33.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | -476.11% |
| 10-Year Change | -995.65% |
| Growth Volatility | 295.61 |
Pineapple Express - Net Assets Trend (2010–2024)
This chart illustrates how Pineapple Express's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pineapple Express (2010–2024)
The table below shows the annual net assets of Pineapple Express from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-2.71 Million | +2.37% |
| 2023-12-31 | $-2.78 Million | -102.04% |
| 2022-12-31 | $-1.37 Million | -121.71% |
| 2021-12-31 | $6.33 Million | +778.25% |
| 2020-12-31 | $720.95K | +116.78% |
| 2019-12-31 | $-4.30 Million | -17.36% |
| 2017-12-31 | $-3.66 Million | +11.24% |
| 2016-12-31 | $-4.13 Million | -2129.59% |
| 2015-12-31 | $-185.03K | -161.12% |
| 2014-12-31 | $302.75K | -1.21% |
| 2013-12-31 | $306.45K | +0.06% |
| 2012-12-31 | $306.25K | -0.93% |
| 2011-12-31 | $309.13K | -0.19% |
| 2010-12-31 | $309.73K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pineapple Express's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2599033500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00 | % |
| Other Components | $23.14 Million | % |
| Total Equity | $-3.11 Million | 100.00% |
Pineapple Express Competitors by Market Cap
The table below lists competitors of Pineapple Express ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BALOISE HLDG N
MU:BLON
|
$2.08 Million |
|
Basin Energy Ltd
AU:BSN
|
$2.08 Million |
|
MASTEC
BK:MASTEC
|
$2.08 Million |
|
AEROVIRONMENT
BE:JPX
|
$2.08 Million |
|
Libra Insurance Company Ltd
TA:LBRA
|
$2.08 Million |
|
Saxlund Group AB
ST:SAXG
|
$2.08 Million |
|
Mitesco Inc
PINK:MITI
|
$2.08 Million |
|
QUANTUM BATTERY MET. CORP
F:23B0
|
$2.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pineapple Express's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,777,314 to -3,107,015, a change of -329,701.
- Net loss of 1,407,000 reduced equity.
- Other factors increased equity by 1,077,299.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.41 Million | -45.28% |
| Other Changes | $1.08 Million | +34.67% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Pineapple Express's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $353.57 | $0.07 | x |
| 2011-12-31 | $352.89 | $0.07 | x |
| 2012-12-31 | $3.50 | $0.07 | x |
| 2013-12-31 | $0.28 | $0.07 | x |
| 2014-12-31 | $0.00 | $0.07 | x |
| 2015-12-31 | $0.00 | $0.07 | x |
| 2016-12-31 | $-0.07 | $0.07 | x |
| 2017-12-31 | $-0.06 | $0.07 | x |
| 2019-12-31 | $-0.07 | $0.07 | x |
| 2020-12-31 | $0.01 | $0.07 | x |
| 2021-12-31 | $0.07 | $0.07 | x |
| 2022-12-31 | $-0.02 | $0.07 | x |
| 2023-12-31 | $-0.04 | $0.07 | x |
| 2024-12-31 | $-0.04 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pineapple Express utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -335.00%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-13.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -0.19% | 0.00% | 0.00x | 1.21x | $-31.51K |
| 2012 | -0.75% | 0.00% | 0.00x | 1.22x | $-32.91K |
| 2013 | -0.97% | 0.00% | 0.00x | 1.22x | $-33.63K |
| 2014 | -0.40% | 0.00% | 0.00x | 1.24x | $-31.48K |
| 2015 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.17 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.18 Million |
| 2017 | 0.00% | -200.00% | 0.72x | 0.00x | $-733.82K |
| 2019 | 0.00% | -13651.41% | 0.01x | 0.00x | $-935.38K |
| 2020 | -162.01% | -7786.67% | 0.00x | 16.66x | $-1.24 Million |
| 2021 | -17.45% | 0.00% | 0.00x | 1.48x | $-1.74 Million |
| 2022 | 0.00% | -681386.99% | 0.49x | 0.00x | $-7.72 Million |
| 2023 | 0.00% | -387.02% | 0.05x | 0.00x | $-1.20 Million |
| 2024 | 0.00% | -335.00% | 0.05x | 0.00x | $-1.10 Million |
Industry Comparison
This section compares Pineapple Express's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $239,198,060
- Average return on equity (ROE) among peers: -6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pineapple Express (PNPL) | $-3.11 Million | -0.19% | N/A | $2.08 Million |
| Alibaba Health Information Technology Limited (ALBBY) | $1.12 Billion | -18.54% | 0.50x | $12.50 Billion |
| Allstar Health Brands Inc (ALST) | $-9.92 Million | 0.00% | 0.00x | $3.83 |
| Bimi International Medical Inc (BIMI) | $-409.66K | 0.00% | 0.00x | $296.83 |
| Blum Holdings Inc (BLMH) | $-4.74 Million | 0.00% | 0.00x | $8.97 Million |
| China Jo-Jo Drugstores Inc (CJJD) | $26.66 Million | -21.17% | 1.52x | $5.94 Million |
| Clicks Group Ltd (CLCGY) | $1.13 Billion | 41.98% | 2.72x | $4.80 Billion |
| China BCT Pharmacy Group Inc (CNBI) | $134.27 Million | 15.68% | 0.82x | $0.96 |
| Dalrada Financial Corp (DFCO) | $4.40 Million | -81.82% | 0.55x | $1.57 Million |
| Health Advance Inc (HADV) | $-105.34K | 0.00% | 0.00x | $25.40K |
| Healthwarehouse.Com (HEWA) | $-3.10 Million | 0.00% | 0.00x | $720.96 |