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Pineapple FinancialPAPL -2.04%10 Cash-to-Debt is 0.23 as of May. 2026, which is 72% below its 10-year median of 0.81. GuruFocus rates PAPL with a GF Score™ of 10/100 and a GF Value™ of $0.84 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,494 Banks companies, Pineapple Financial ranks worse than 87.82% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Pineapple Financial's cash to debt ratio for the quarter that ended in May. 2026 was 0.23.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Pineapple Financialcouldn't pay off its debt using the cash in hand for the quarter that ended in May. 2026.
The historical rank and industry rank for Pineapple Financial's Cash-to-Debt or its related term are showing as below:
PAPL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.81 Max: 26.66
Current: 0.23
During the past 5 years, Pineapple Financial's highest Cash to Debt Ratio was 26.66. The lowest was 0.11. And the median was 0.81.
PAPL's Cash-to-Debt is ranked worse than 87.82% of 1494
companies
in the Banks industry
Industry Median: 1.38
vs PAPL: 0.23
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Pineapple Financial Cash-to-Debt Related Terms
Pineapple Financial Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Pineapple Financial's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Mortgage Finance subindustry, Pineapple Financial's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Financial Cash-to-Debt vs Banks Industry
For the Banks industry and Financial Services sector, Pineapple Financial's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Pineapple Financial's Cash-to-Debt falls into.
* 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.
Pineapple Financial (PAPL) has a Cash-to-Debt of 0.23 as of May. 2026. This is 72% below median its historical median of 0.81. Over the past decade, Pineapple Financial's Cash-to-Debt has ranged from 0.11 to 26.66. According to the industry distribution chart, Pineapple Financial ranks #1312 out of 1494 companies in the Banks industry, placing it in the top 87.8%.
Is Pineapple Financial's Cash-to-Debt too high?
Pineapple Financial's current Cash-to-Debt of 0.23 is 72% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 26.66. The Banks industry median Cash-to-Debt is 1.38. Pineapple Financial's value of 0.23 is 83.3% below this industry median. Based on the distribution chart, Pineapple Financial ranks #1312 out of 1494 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Pineapple Financial has a GF Score™ of 10/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pineapple Financial's Cash-to-Debt compare to BLNE and CNF?
According to the Banks industry distribution chart, Pineapple Financial ranks #1312 out of 1494 companies for Cash-to-Debt. This places Pineapple Financial in the lower half of its industry. The industry median Cash-to-Debt is 1.38. Pineapple Financial's value of 0.23 is 83.3% below this benchmark. Historically, Pineapple Financial's own Cash-to-Debt has ranged from 0.11 to 26.66 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.38, Pineapple Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Banks company?
The median Cash-to-Debt among Banks companies is 1.38, based on 1,494 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pineapple Financial's current Cash-to-Debt of 0.23 is 83.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median Cash-to-Debt is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Financial's current Cash-to-Debt is 0.23, which is 72% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Financial stock overvalued right now?
Based on GuruFocus' analysis, Pineapple Financial (PAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.84, compared to a current price of $0.96 — trading 13.7% above its estimated fair value. The current Cash-to-Debt is 0.23, which is 72% below median its 10-year median of 0.81 and 83.3% below the Banks industry median of 1.38. Pineapple Financial's overall GF Score™ is 10/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Pineapple Financial (PAPL), the current Cash-to-Debt is 0.23 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pineapple Financial (PAPL) Overvalued in 2026?
Based on GuruFocus' analysis, Pineapple Financial stock appears to be overvalued.
The current stock price of $0.96 is trading 13.7% above its estimated GF Value™ of $0.84.
GuruFocus considers Pineapple Financial to be Modestly Overvalued.
Key valuation signals for PAPL:
Cash-to-Debt: 0.23 (72% below median its 10-year median of 0.81)
GF Value™: $0.84 vs. price of $0.96 (13.7% above fair value)
Industry Position: 83.3% below the Banks median (#1312 of 1494)
No single metric tells the full story. See the PAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.
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