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Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Total Assets : $0.00 Mil (As of Jan. 2024)


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What is Pineapple Express Cannabis Co Total Assets?

Pineapple Express Cannabis Co's Total Assets for the quarter that ended in Jan. 2024 was $0.00 Mil.

Total Assets is connected with ROA %. Pineapple Express Cannabis Co's annualized ROA % for the quarter that ended in Jan. 2024 was -737.66%. Total Assets is also linked to Revenue through Asset Turnover. Pineapple Express Cannabis Co's Asset Turnover for the quarter that ended in Jan. 2024 was 0.00.

Pineapple Express Cannabis Co Total Assets Historical Data

The historical data trend for Pineapple Express Cannabis Co's Total 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 Express Cannabis Co Total Assets Chart

Pineapple Express Cannabis Co Annual Data
Trend Jan22 Jan23 Jan24
Total Assets
0.02 - -

Pineapple Express Cannabis Co Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only - 0.32 0.94 1.08 -

Pineapple Express Cannabis Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Pineapple Express Cannabis Co's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=-0.016+0.018
=0.00

Pineapple Express Cannabis Co's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=-0.016+0.018
=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) Total Assets Explanation

Total Assets is connected with ROA %.

Pineapple Express Cannabis Co's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-3.976/( (1.076+0.002)/ 2 )
=-3.976/0.539
=-737.66 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Pineapple Express Cannabis Co's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (1.076+0.002)/ 2 )
=0/0.539
=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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Pineapple Express Cannabis Co Total Assets Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Pineapple Express Cannabis Co (OTCPK:PNXP) » Definitions » Total Assets
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

Pineapple Express Cannabis Co (Pineapple Express Cannabis Co) Headlines

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