Pineapple Financial Inc. Tangible Net Worth Ratio
Pineapple Financial Inc. tangible net worth ratio. Pineapple Financial Inc. (PAPL) has a Tangible Net Worth Ratio of -203.2% as of May 2025. This metric is calculated by deducting intangible assets ($2.56 Million) from net assets ($842.57K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore how fast is Pineapple Financial Inc. growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Pineapple Financial Inc. (2020–2024)
Tangible net worth ratio of Pineapple Financial Inc. from 2020 to 2024. This chart shows how Pineapple Financial Inc.'s Tangible Net Worth Ratio has changed across 5 annual periods from 2020 to 2024. As of May 2025, the ratio stands at -203.2%, reflecting net assets of $842.57K with intangible assets of $2.56 Million USD. Check PAPL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Pineapple Financial Inc. Tangible Net Worth Ratio by Year (2020–2024)
Pineapple Financial Inc. tangible net worth ratio by year from 2020 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Pineapple Financial Inc. from 2020 to 2024, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see PAPL market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -63.9% | $1.35 Million | $2.21 Million | $4.10 Million | ▼ -67.7 pp |
| 2023 | 3.8% | $1.79 Million | $1.72 Million | $4.63 Million | ▼ -81.1 pp |
| 2022 | 84.8% | $4.63 Million | $702.39K | $6.43 Million | ▼ -15.2 pp |
| 2021 | 100.0% | $6.92 Million | $0.00 | $7.58 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $156.77K | $0.00 | $310.38K | — |