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) - Total Assets
Latest total assets as of June 2025: $9.31 Million USD
Based on the latest financial reports, Pineapple Express (PNPL) holds total assets worth $9.31 Million USD as of June 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 Express - Total Assets Trend (2010–2024)
This chart illustrates how Pineapple Express’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pineapple Express - Asset Composition Analysis
Current Asset Composition (December 2024)
Pineapple Express's total assets of $9.31 Million consist of 6.2% current assets and 93.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $570.60K | 6.1% |
| Inventory | $4.71K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Pineapple Express'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 Express's current assets represent 6.2% of total assets in 2024, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, the same as 0.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is accounts receivable at 6.1% of total assets.
Pineapple Express Competitors by Total Assets
Key competitors of Pineapple Express based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
Pineapple Express - 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
Lower asset utilization - Pineapple Express generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Pineapple Express is currently not profitable relative to its asset base.
Pineapple Express - 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 | 0.25 | 0.27 | 0.22 |
| Quick Ratio | 0.25 | 0.27 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.64 Million | $ -3.31 Million | $ -3.48 Million |
Pineapple Express - Advanced Valuation Insights
This section examines the relationship between Pineapple Express'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 | 233.80 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 18.8% |
| Total Assets | $9.31 Million |
| Market Capitalization | $2.08 Million USD |
Valuation Analysis
Below Book Valuation: The market values Pineapple Express's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Pineapple Express's assets grew by 18.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Pineapple Express (2010–2024)
The table below shows the annual total assets of Pineapple Express from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.31 Million | +18.76% |
| 2023-12-31 | $7.84 Million | +332369.64% |
| 2022-12-31 | $2.36K | -99.97% |
| 2021-12-31 | $9.40 Million | -21.75% |
| 2020-12-31 | $12.01 Million | +1051.02% |
| 2019-12-31 | $1.04 Million | +35.65% |
| 2017-12-31 | $769.15K | +289.10% |
| 2016-12-31 | $197.68K | -72.89% |
| 2015-12-31 | $729.25K | +94.47% |
| 2014-12-31 | $375.00K | 0.00% |
| 2013-12-31 | $375.00K | 0.00% |
| 2012-12-31 | $375.00K | 0.00% |
| 2011-12-31 | $375.00K | 0.00% |
| 2010-12-31 | $375.00K | -- |