Pineapple Financial (PAPL)

Net assets on the balance sheet as of May 2024 : ₹0.17 Billion

According to Pineapple Financial's latest financial reports the company has ₹0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pineapple Financial - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$₹0.14 B	-59.93%
2022-08-31	$₹0.36 B	-27.42%
2021-08-31	$₹0.50 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Pineapple Financial (PAPL) - Net assets