PINEAPPLE EXPRESS CANNABIS Co (PNXP) Debt Ratio (2018 - 2024)

Pineapple Express Cannabis (PNXP) posted Debt Ratio of 0.99 for Q2 2024, down 86.91% sequentially from 7.59 in Q4 2022.

PINEAPPLE EXPRESS CANNABIS Co (PNXP) Debt Ratio (2018 - 2024) Analysis & Trends

Pineapple Express Cannabis has reported Debt Ratio for 6 years, with the latest figure at 0.99 in Q2 2024.

Quarterly Debt Ratio changed N/A year-over-year to 0.99 in Q2 2024, while the trailing twelve-month figure through Apr 2024 was 0.99 (changed N/A YoY) and the FY2022 annual result came in at 3.98, up 256.21% from the prior year.
Debt Ratio retreated to 0.99 in Q2 2024 per PNXP's latest filing, from 7.59 in the prior quarter.
Over five years, Debt Ratio peaked at 7.59 in Q4 2022 and troughed at 1.87 in Q1 2020.
A 4-year average of 3.56 and a median of 3.98 in 2022 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2020 and 2022: Debt Ratio sank 115.04% in 2020, then jumped 256.21% in 2022.
Over 4 years, Debt Ratio stood at 1.87 in 2020, then surged by 159.81% to 1.12 in 2021, then surged by 578.54% to 7.59 in 2022, then plunged by 86.91% to 0.99 in 2024.
According to Business Quant data, Debt Ratio over the past three periods registered 0.99, 7.59, and 6.92 for Q2 2024, Q4 2022, and Q3 2022 respectively.

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