Pineapple Financial Inc. Working Capital to Net Assets Ratio
Pineapple Financial Inc. working capital to net assets ratio. Pineapple Financial Inc. (PAPL) has a Working Capital to Net Assets ratio of 14.7% as of February 2026. Working capital of $3.99 Million (current assets of $23.11 Million minus current liabilities of $19.12 Million) is measured against net assets of $27.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pineapple Financial Inc. (2020–2025)
Working capital to net assets ratio of Pineapple Financial Inc. from 2020 to 2025. This chart shows how Pineapple Financial Inc.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of February 2026, the ratio stands at 14.7%, reflecting working capital of $3.99 Million against net assets of $27.10 Million USD. Explore investment intensity of Pineapple Financial Inc. to see how much of total assets are deployed in long-term investments.
Pineapple Financial Inc. Working Capital to Net Assets Ratio by Year (2020–2025)
Pineapple Financial Inc. working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Pineapple Financial Inc. from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see PAPL total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -75.2% | $-682.10K | $906.68K | $2.32 Million | $3.00 Million | ▼ -37.8 pp |
| 2024 | -37.5% | $-505.42K | $1.35 Million | $893.49K | $1.40 Million | ▼ -66.8 pp |
| 2023 | 29.3% | $523.71K | $1.79 Million | $1.70 Million | $1.17 Million | ▼ -50.7 pp |
| 2022 | 80.0% | $3.70 Million | $4.63 Million | $4.48 Million | $782.14K | ▼ -17.9 pp |
| 2021 | 97.9% | $6.78 Million | $6.92 Million | $7.23 Million | $449.75K | ▼ -22.2 pp |
| 2020 | 120.1% | $188.33K | $156.77K | $388.48K | $200.15K | — |