Pineapple (Pineapple) Debt-to-Equity : -3.53 (As of Sep. 2023)

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What is Pineapple Debt-to-Equity?

Pineapple's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.69 Mil. Pineapple's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.51 Mil. Pineapple's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.32 Mil. Pineapple's debt to equity for the quarter that ended in Sep. 2023 was -3.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Pineapple's Debt-to-Equity or its related term are showing as below:

PNPL' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.57 Med: -0.34 Max: 0.14
Current: -3.53

During the past 8 years, the highest Debt-to-Equity Ratio of Pineapple was 0.14. The lowest was -3.57. And the median was -0.34.

PNPL's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.485 vs PNPL: -3.53

Pineapple Debt-to-Equity Historical Data

The historical data trend for Pineapple's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pineapple Debt-to-Equity Chart

Pineapple Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec21

Dec22

Debt-to-Equity

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-0.23

0.14

-0.04

Pineapple Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	-0.04	-0.45	-3.57	-3.53

Competitive Comparison of Pineapple's Debt-to-Equity

For the Pharmaceutical Retailers subindustry, Pineapple's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pineapple's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pineapple's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pineapple's Debt-to-Equity falls into.

Pineapple Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pineapple's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.051	+	0)	/	-1.375
	=	-0.04

Pineapple's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.685	+	6.508)	/	-2.323
	=	-3.53

Pineapple (OTCPK:PNPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Pineapple Debt-to-Equity Related Terms

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Pineapple (Pineapple) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pineapple Inc (OTCPK:PNPL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025

Website

https://pineappleinc.com

Pineapple Inc Formerly Pineapple Express Inc through its subsidiary provides expert consulting, product licensing, and capital to help distinguish and grow new and existing businesses within the cannabis industry. Primarily the group is involved in purchase and lease of real estate property, offering consulting services and technology to develop and enhance canna-businesses. It derives most of the revenue from of rent and tent reimbursements source.