Pineapple Financial Inc. Total Assets
Pineapple Financial Inc. total assets. Based on the latest financial reports, Pineapple Financial Inc. (PAPL) holds total assets worth $4.70 Million USD as of May 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. Also see Pineapple Financial Inc. cash conversion from operations for how efficiently the company converts equity into cash flow.
Total Assets of Pineapple Financial Inc. (2020–2024)
Total assets of Pineapple Financial Inc. from 2020 to 2024. This chart illustrates how Pineapple Financial Inc.'s total assets have evolved over time, based on quarterly financial data. See PAPL live share price for real-time trading data and today's change.
Pineapple Financial Inc. - Asset Composition Analysis
Pineapple Financial Inc. Total Assets Breakdown (August 2024)
Pineapple Financial Inc. total assets breakdown as of August 2024. Pineapple Financial Inc.'s total assets of $4.70 Million consist of 21.8% current assets and 78.2% non-current assets. Explore PAPL working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.2% |
| Accounts Receivable | $155.22K | 3.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.21 Million | 54.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
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 21.8% of total assets in 2024, a decrease from 125.2% in 2020.
- Cash Position: Cash and equivalents constituted 14.2% of total assets in 2024, down from 92.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 54.0% 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 |
|---|---|---|
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
India | Rs857.56 Billion |
|
ECN Capital Corp
TO:ECN
|
Canada | CA$991.84 Million |
|
UWM Holdings Corp
NYSE:UWMC
|
USA | $19.27 Billion |
|
Timbercreek Financial Corp
TO:TF
|
Canada | CA$2.08 Billion |
|
Reliance Home Finance Limited
NSE:RHFL
|
India | Rs153.10 Billion |
|
Australian Finance Group Ltd
AU:AFG
|
Australia | AU$7.92 Billion |
|
Resimac Group Ltd
AU:RMC
|
Australia | AU$16.65 Billion |
|
N1 Holdings Ltd
AU:N1H
|
Australia | AU$271.34 Million |
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 | 0.58 | 1.53 | 0.00 |
| Quick Ratio | 0.58 | 1.53 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.02 Million | $362.44K | $-55.51K |
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 | 4.28 |
| Latest Market Cap to Assets Ratio | 0.34 |
| Asset Growth Rate (YoY) | -11.5% |
| Total Assets | $4.10 Million |
| Market Capitalization | $1.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pineapple Financial Inc.'s assets below their book value (0.34x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Pineapple Financial Inc.'s assets decreased by 11.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Pineapple Financial Inc. (2020–2024)
The table below shows the annual total assets of Pineapple Financial Inc. from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 | -- |
About Pineapple Financial Inc.
Pineapple Financial Inc., together with its subsidiaries, provides mortgage brokerage services and technology solutions to mortgage agents, brokers, sub-brokers, and brokerages and consumers in Canada. The company offers mortgage consultation services; advise clients on the various mortgage products offered by financial institutions, as well as offers clients access to rate information and mortga… Read more