PNXP (Pineapple Express Cannabis Co) Debt-to-Equity: -0.46 (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Pineapple Express Cannabis Co Debt-to-Equity?

Pineapple Express Cannabis Co PNXP -99.80% Debt-to-Equity is -0.46 as of Oct. 2025. The stock has 2 warning signs investors should review. Among 811 Drug Manufacturers companies, Pineapple Express Cannabis Co ranks worse than 123304.44% on this metric.

Pineapple Express Cannabis Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2025 was $3.72 Mil. Pineapple Express Cannabis Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2025 was $0.00 Mil. Pineapple Express Cannabis Co's Total Stockholders Equity for the quarter that ended in Oct. 2025 was $-8.15 Mil. Pineapple Express Cannabis Co's debt to equity for the quarter that ended in Oct. 2025 was -0.46.

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 Express Cannabis Co's Debt-to-Equity or its related term are showing as below:

PNXP' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.24   Med: -0.27   Max: 198.68
Current: -0.46

During the past 4 years, the highest Debt-to-Equity Ratio of Pineapple Express Cannabis Co was 198.68. The lowest was -1.24. And the median was -0.27.

PNXP's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.28 vs PNXP: -0.46

Pineapple Express Cannabis Co  (OTCPK:PNXP) 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 Express Cannabis Co Debt-to-Equity Related Terms

Pineapple Express Cannabis Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Pineapple Express Cannabis Co'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.

Pineapple Express Cannabis Co Debt-to-Equity Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24 Jan25
Debt-to-Equity
-1.24 -0.08 0.00 0.00

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.35 0.00 -0.45 -0.46 -0.46

PNXP vs AYURF, BSPK, CBSTQ: Debt-to-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Pineapple Express Cannabis Co'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 Express Cannabis Co Debt-to-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pineapple Express Cannabis Co's Debt-to-Equity distribution charts can be found below:

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


Pineapple Express Cannabis Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pineapple Express Cannabis Co's Debt to Equity Ratio for the fiscal year that ended in Jan. 2025 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 + 0) / -0.002
=0.00

Pineapple Express Cannabis Co's Debt to Equity Ratio for the quarter that ended in Oct. 2025 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
=(3.724 + 0) / -8.154
=-0.46

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.46 mean?
Pineapple Express Cannabis Co (PNXP) has a Debt-to-Equity of -0.46 as of Oct. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pineapple Express Cannabis Co and its competitors. According to the industry distribution chart, Pineapple Express Cannabis Co ranks #999999 out of 811 companies in the Drug Manufacturers industry.
Is Pineapple Express Cannabis Co's Debt-to-Equity too high?
Pineapple Express Cannabis Co's current Debt-to-Equity is -0.46. Based on the distribution chart, Pineapple Express Cannabis Co ranks #999999 out of 811 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Pineapple Express Cannabis Co's Debt-to-Equity compare to AYURF and BSPK?
According to the Drug Manufacturers industry distribution chart, Pineapple Express Cannabis Co ranks #999999 out of 811 companies for Debt-to-Equity. This places Pineapple Express Cannabis Co in the lower half of its industry. The industry median Debt-to-Equity is 0.28. 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 Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.28, based on 811 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. 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 Express Cannabis Co and its competitors. For the Drug Manufacturers industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Express Cannabis Co's current Debt-to-Equity is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Express Cannabis Co stock overvalued right now?
Pineapple Express Cannabis Co (PNXP) has a current Debt-to-Equity of -0.46. The current Debt-to-Equity is -0.46. 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 Express Cannabis Co (PNXP), the current Debt-to-Equity is -0.46 as of Oct. 2025. 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 Express Cannabis Co Business Description

Address 300 Peachtree Street NE, Suite 1775, Atlanta, GA, USA, 30308-3565
Pineapple Express Cannabis Co along with its subsidiaries, serves as an incubator, helping early-stage ventures and startups in the cannabis sector through funding, mentoring, and training. It is also engaged in legal cannabis retail and owns and manages retail cannabis ventures.