Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Liabilities-to-Assets : 9.00 (As of Jan. 2024)

Pineapple Express Cannabis Co Liabilities-to-Assets Chart

Pineapple Express Cannabis Co Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Liabilities-to-Assets	Get a 7-Day Free Trial				273.50	0.06	0.02	0.02	9.00

Competitive Comparison of Pineapple Express Cannabis Co's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Pineapple Express Cannabis Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

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

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

Pineapple Express Cannabis Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Pineapple Express Cannabis Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Pineapple Express Cannabis Co's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Pineapple Express Cannabis Co Liabilities-to-Assets Related Terms

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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Business Description