Pineapple FinancialPAPL +8.95%10 Quick Ratio is 1.15 as of Feb. 2026, which is 21% below its 10-year median of 1.45. GuruFocus rates PAPL with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 47 Banks companies, Pineapple Financial ranks worse than 68.09% on this metric.
Pineapple Financial has a quick ratio of 1.15. It generally indicates good short-term financial strength.
The historical rank and industry rank for Pineapple Financial's Quick Ratio or its related term are showing as below:
PAPL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.12 Med: 1.45 Max: 16.06
Current: 1.15
During the past 5 years, Pineapple Financial's highest Quick Ratio was 16.06. The lowest was 0.12. And the median was 1.45.
PAPL's Quick Ratio is ranked worse than 68.09% of 47
companies
in the Banks industry
Industry Median: 4.82
vs PAPL: 1.15
Pineapple Financial (AMEX:PAPL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Pineapple Financial Quick Ratio Related Terms
Pineapple Financial Quick Ratio Historical Data
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The historical data trend for Pineapple Financial's Quick Ratio 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.
For the Mortgage Finance subindustry, Pineapple Financial's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Pineapple Financial's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Pineapple Financial's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Pineapple Financial's Quick Ratio for the fiscal year that ended in Aug. 2025 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 Financial (PAPL) has a Quick Ratio of 1.15 as of Feb. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pineapple Financial and its competitors. This is 21% below median its historical median of 1.45. Over the past decade, Pineapple Financial's Quick Ratio has ranged from 0.12 to 16.06. According to the industry distribution chart, Pineapple Financial ranks #32 out of 47 companies in the Banks industry, placing it in the top 68.1%.
Is Pineapple Financial's Quick Ratio too high?
Pineapple Financial's current Quick Ratio of 1.15 is 21% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 16.06. The Banks industry median Quick Ratio is 4.82. Pineapple Financial's value of 1.15 is 76.1% below this industry median. Based on the distribution chart, Pineapple Financial ranks #32 out of 47 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 Quick Ratio compare to BLNE and MMCP?
According to the Banks industry distribution chart, Pineapple Financial ranks #32 out of 47 companies for Quick Ratio. This places Pineapple Financial in the lower half of its industry. The industry median Quick Ratio is 4.82. Pineapple Financial's value of 1.15 is 76.1% below this benchmark. Historically, Pineapple Financial's own Quick Ratio has ranged from 0.12 to 16.06 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 4.82, 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 Quick Ratio for a Banks company?
The median Quick Ratio among Banks companies is 4.82, based on 47 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pineapple Financial's current Quick Ratio of 1.15 is 76.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Pineapple Financial and its competitors. For the Banks industry, the median Quick Ratio is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Financial's current Quick Ratio is 1.15, which is 21% below median its own 10-year median of 1.45. 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 Quick Ratio of 1.15. The current Quick Ratio is 1.15, which is 21% below median its 10-year median of 1.45 and 76.1% below the Banks industry median of 4.82. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Pineapple Financial (PAPL), the current Quick Ratio is 1.15 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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