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PNXP (Pineapple Express Cannabis Co) Debt-to-Equity : 0.00 (As of Jan. 2024)


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

Pineapple Express Cannabis Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Pineapple Express Cannabis Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Pineapple Express Cannabis Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.02 Mil. Pineapple Express Cannabis Co's debt to equity for the quarter that ended in Jan. 2024 was 0.00.

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:

During the past 3 years, the highest Debt-to-Equity Ratio of Pineapple Express Cannabis Co was -0.08. The lowest was -1.24. And the median was -0.66.

PNXP's Debt-to-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.3
* Ranked among companies with meaningful Debt-to-Equity only.

Pineapple Express Cannabis Co Debt-to-Equity Historical Data

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.

* Premium members only.

Pineapple Express Cannabis Co Debt-to-Equity Chart

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

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only -0.08 - - - -

Competitive Comparison of Pineapple Express Cannabis Co's Debt-to-Equity

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's Debt-to-Equity Distribution in the 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. 2024 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) / -0.016
=0.00

Pineapple Express Cannabis Co's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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) / -0.016
=0.00

* 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  (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

Thank you for viewing the detailed overview of Pineapple Express Cannabis Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Pineapple Express Cannabis Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pineapple Express Cannabis Co (OTCPK:PNXP) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
Website
https://www.pineappleconsolidated.com
Pineapple Express Cannabis Co is a world-renowned Dispensary located at the iconic corner of Hollywood Blvd and Vine Street in Los Angeles, CA. Pineapple Express carries the best cannabis products in California at a competitive price with FAST and friendly service. It has everything from cannabis flowers to pre-rolls, concentrates, topicals, and edibles, and constantly updates Its inventory with the latest and greatest strains. The company also offers fast and discreet cannabis delivery services.
Executives
Matthew Feinstein director, 10 percent owner, officer: CEO 8439 W. SUNSET BLVD., SUITE 101, WEST HOLLYWOOD CA 90069