Pineapple Financial Inc.
Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions in Canada. It offers mortgage brokering services, including mortgage consultation, advise on various mortgage products offered by financial institutions, client access to rate information and mortgage options from lenders, and assistance in selecting mortgage solution. The compa… Read more
Pineapple Financial Inc. (PAPL) - Total Assets
Latest total assets as of November 2025: $10.63 Million USD
Based on the latest financial reports, Pineapple Financial Inc. (PAPL) holds total assets worth $10.63 Million USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Pineapple Financial Inc. - Total Assets Trend (2020–2025)
This chart illustrates how Pineapple Financial Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pineapple Financial Inc. - Asset Composition Analysis
Current Asset Composition (August 2025)
Pineapple Financial Inc.'s total assets of $10.63 Million consist of 42.8% current assets and 57.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 39.1% |
| Accounts Receivable | $92.22K | 1.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.50 Million | 46.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2025)
This chart illustrates how Pineapple Financial Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Pineapple Financial Inc.'s current assets represent 42.8% of total assets in 2025, a decrease from 125.2% in 2020.
- Cash Position: Cash and equivalents constituted 39.1% of total assets in 2025, down from 92.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 46.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 46.1% of total assets.
Pineapple Financial Inc. Competitors by Total Assets
Key competitors of Pineapple Financial Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
PennyMac Financial Services Inc
F:1AC
|
Germany | €25.40 Billion |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
India | ₹250.83 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
India | ₹194.41 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF
|
USA | $894.42 Million |
|
Aptus Value Housing Finance India Limited
NSE:APTUS
|
India | ₹123.96 Billion |
|
AVVAA World Health Care Products Inc
PINK:AVVH
|
USA | $243.19K |
|
Bajaj Housing Finance
NSE:BAJAJHFL
|
India | ₹1.16 Trillion |
Pineapple Financial Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Pineapple Financial Inc. generates 0.55x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pineapple Financial Inc. is currently not profitable relative to its asset base.
Pineapple Financial Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.54 | 10.23 |
| Quick Ratio | 0.12 | 0.54 | 10.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-13.00 Million | $ -829.61K | $ 4.56 Million |
Pineapple Financial Inc. - Advanced Valuation Insights
This section examines the relationship between Pineapple Financial Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 40.70 |
| Latest Market Cap to Assets Ratio | 1.97 |
| Asset Growth Rate (YoY) | 32.2% |
| Total Assets | $5.42 Million |
| Market Capitalization | $10.68 Million USD |
Valuation Analysis
Above Book Valuation: The market values Pineapple Financial Inc.'s assets above their book value (1.97 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Pineapple Financial Inc.'s assets grew by 32.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pineapple Financial Inc. (2020–2025)
The table below shows the annual total assets of Pineapple Financial Inc. from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-08-31 | $5.42 Million | +32.24% |
| 2024-08-31 | $4.10 Million | -11.50% |
| 2023-08-31 | $4.63 Million | -27.98% |
| 2022-08-31 | $6.43 Million | -15.22% |
| 2021-08-31 | $7.58 Million | +2342.45% |
| 2020-08-31 | $310.38K | -- |