Pineapple Financial Inc. (PAPL) - 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. Explore PAPL cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Pineapple Financial Inc. - Total Assets Trend (2020–2024)
This chart illustrates how Pineapple Financial Inc.'s total assets have evolved over time, based on quarterly financial data. See PAPL net assets for net asset value and shareholders' equity analysis.
Pineapple Financial Inc. - Asset Composition Analysis
Current Asset Composition (August 2024)
Pineapple Financial Inc.'s total assets of $4.70 Million consist of 21.8% current assets and 78.2% non-current assets.
| 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. For live market cap, price, and company overview, see market value of Pineapple Financial Inc..
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 |
|---|---|---|
|
Timbercreek Financial Corp
TO:TF
|
Canada | CA$2.08 Billion |
|
Builders Capital Mortgage Corp
V:BCF
|
Canada | CA$53.12 Million |
|
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$169.64 Million |
|
Atrium Mortgage Investment Corp
TO:AI
|
Canada | CA$894.42 Million |
|
First National Financial Corp
TO:FN
|
Canada | CA$54.40 Billion |
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