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Pineapple FinancialPAPL -3.37%10 Debt-to-Equity is 0.72 as of Feb. 2026, which is 33% above its 10-year median of 0.54. GuruFocus rates PAPL with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 1,425 Banks companies, Pineapple Financial ranks worse than 58.74% on this metric.
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 Financial's Debt-to-Equity or its related term are showing as below:
PAPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.42 Med: 0.54 Max: 1.94
Current: 0.72
During the past 5 years, the highest Debt-to-Equity Ratio of Pineapple Financial was 1.94. The lowest was -2.42. And the median was 0.54.
PAPL's Debt-to-Equity is ranked worse than 58.74% of 1425
companies
in the Banks industry
Industry Median: 0.56
vs PAPL: 0.72
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 Financial Debt-to-Equity Related Terms
Pineapple Financial Debt-to-Equity Historical Data
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The historical data trend for Pineapple Financial'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.
PAPL vs MMCP, BLNE, LFLS: Debt-to-Equity Comparison
For the Mortgage Finance subindustry, Pineapple Financial'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 Financial Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Pineapple Financial's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pineapple Financial's Debt-to-Equity 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 Debt-to-Equity of 0.72 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pineapple Financial and its competitors. This is 33% above median its historical median of 0.54. According to the industry distribution chart, Pineapple Financial ranks #837 out of 1425 companies in the Banks industry, placing it in the top 58.7%.
Is Pineapple Financial's Debt-to-Equity too high?
Pineapple Financial's current Debt-to-Equity of 0.72 is 33% above median its 10-year median of 0.54. The Banks industry median Debt-to-Equity is 0.56. Pineapple Financial's value of 0.72 is 28.6% above this industry median. Based on the distribution chart, Pineapple Financial ranks #837 out of 1425 companies in the Banks industry, which is below the industry midpoint. Overall, Pineapple Financial has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pineapple Financial's Debt-to-Equity compare to MMCP and BLNE?
According to the Banks industry distribution chart, Pineapple Financial ranks #837 out of 1425 companies for Debt-to-Equity. This places Pineapple Financial in the lower half of its industry. The industry median Debt-to-Equity is 0.56. Pineapple Financial's value of 0.72 is 28.6% above this benchmark. While the company's 10-year median is 0.54 vs. the industry median of 0.56, Pineapple Financial has consistently been above 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 Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.56, based on 1,425 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pineapple Financial's current Debt-to-Equity of 0.72 is 28.6% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pineapple Financial and its competitors. For the Banks industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Financial's current Debt-to-Equity is 0.72, which is 33% above median its own 10-year median of 0.54. 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?
Pineapple Financial (PAPL) has a current Debt-to-Equity of 0.72. The current Debt-to-Equity is 0.72, which is 33% above median its 10-year median of 0.54 and 28.6% above the Banks industry median of 0.56. 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 Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Pineapple Financial (PAPL), the current Debt-to-Equity is 0.72 as of Feb. 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.
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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