What is Pineapple Express Cannabis Co Financial Strength?
Pineapple Express Cannabis Co has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Pineapple Express Cannabis Co has no long-term debt (1).
As of today, Pineapple Express Cannabis Co's Altman Z-Score is 0.00.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Pineapple Express Cannabis Co's Financial Strength
For the Drug Manufacturers - Specialty & Generic subindustry, Pineapple Express Cannabis Co's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Pineapple Express Cannabis Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Pineapple Express Cannabis Co's Financial Strength falls into.
Pineapple Express Cannabis Co Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Pineapple Express Cannabis Co's Interest Expense for the
months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the
months ended in Jan. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil.
Pineapple Express Cannabis Co's Interest Coverage for the quarter that ended in Jan. 2024 is
| Pineapple Express Cannabis Co had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Pineapple Express Cannabis Co has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Pineapple Express Cannabis Co's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Pineapple Express Cannabis Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
* 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 (Pineapple Express Cannabis Co) Business Description
Traded in Other Exchanges
N/A
Address
10351 Santa Monica Boulevard, Suite 420, Los Angeles, CA, USA, 90025
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 |
Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Headlines
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