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Pineapple Financial (Pineapple Financial) Scaled Net Operating Assets : 0.50 (As of Feb. 2024)


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What is Pineapple Financial Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pineapple Financial's operating assets for the quarter that ended in Feb. 2024 was $4.23 Mil. Pineapple Financial's operating liabilities for the quarter that ended in Feb. 2024 was $1.04 Mil. Pineapple Financial's Total Assets for the quarter that ended in Nov. 2023 was $6.43 Mil. Therefore, Pineapple Financial's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was 0.50.

Pineapple Financial Scaled Net Operating Assets Historical Data

The historical data trend for Pineapple Financial's Scaled Net Operating Assets 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 Financial Scaled Net Operating Assets Chart

Pineapple Financial Annual Data
Trend Aug21 Aug22 Aug23
Scaled Net Operating Assets
0.02 0.23 0.41

Pineapple Financial Quarterly Data
Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.51 0.61 0.51 0.50

Competitive Comparison of Pineapple Financial's Scaled Net Operating Assets

For the Mortgage Finance subindustry, Pineapple Financial's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating 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 Financial's Scaled Net Operating Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pineapple Financial's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Pineapple Financial's Scaled Net Operating Assets falls into.


Pineapple Financial Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pineapple Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(3.909-1.305)/6.427
=0.41

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.629 - 0.72
=3.909

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.843 - 0.97 - 0.568
=1.305

Pineapple Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(4.232-1.039)/6.425
=0.50

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.572 - 1.34
=4.232

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.623 - 0.896 - 0.688
=1.039

* 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 Scaled Net Operating Assets Related Terms

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Pineapple Financial (Pineapple Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pineapple Financial Inc (AMEX:PAPL) » Definitions » Scaled Net Operating Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1
Website
https://www.gopineapple.com
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.