Pinnacle Food Group Limited (PFAI) Balance Sheet
PFAI balance sheet, 2025
December 31, 2025 · U.S. dollars$10.3M assets = $6.1M liabilities + $4.2M equity
Both columns are drawn to the same scale: what PFAI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
PFAI financial health
Descriptive bands, not a rating. Fiscal 2025.
PFAI balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $133,2872022 | $10.3M2025 | +325.8%/yr | |
| Total liabilities | $2.7M2022 | $6.1M2025 | +31.1%/yr | |
| Shareholders’ equity | −$2.6M2022 | $4.2M2025 | — | |
| Cash & short-term investments | $11,5282022 | $942,8202025 | +334.1%/yr | |
| Total debt | $115,0032022 | $1.7M2025 | +145.7%/yr | |
| Net cash (debt) | −$103,4752022 | −$763,4302025 | −$659,955 | |
| Working capital | −$401,7052022 | $2.9M2025 | +$3.3M | |
| Book value per share | −$0.222022 | $0.362025 | — | |
| Current ratio | 0.042022 | 2.202025 | +2.17 | |
| Shares outstanding | 11.7M2022 | 11.7M2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PFAI assets
PFAI liabilities and equity
PFAI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
PFAI balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $942,820 | $685,796 | $121,368 | $11,528 |
| Cash & equivalents | $942,820 | $685,796 | $121,368 | $11,528 |
| Receivables | $4.3M | $3.0M | $1.9M | $3,042 |
| Inventory | $25,072 | $21,157 | $64,013 | $0 |
| Other current assets | $33,834 | $241,810 | $13,194 | $0 |
| Total current assets | $5.3M | $3.9M | $2.1M | $14,570 |
| Property, plant & equipment (net) | $3.1M | $922,329 | $1.3M | $118,717 |
| Goodwill & intangible assets | $1.7M | $256,811 | $423,305 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $82,961 | $522,112 | $0 | $0 |
| Total assets | $10.3M | $5.6M | $3.8M | $133,287 |
| Liabilities | ||||
| Accounts payable | $1.4M | $1.8M | $2.4M | $0 |
| Short-term debt | $196,446 | — | $66,264 | $29,438 |
| Deferred revenue | $14,592 | — | $9,865 | $73,833 |
| Total current liabilities | $2.4M | $2.9M | $3.0M | $416,275 |
| Long-term debt | $999,149 | $0 | $0 | $0 |
| Lease obligations | $684,149 | $161,908 | $241,644 | $114,239 |
| Other long-term liabilities | $2.7M | $2.2M | $2.5M | $2.3M |
| Total liabilities | $6.1M | $5.1M | $5.5M | $2.7M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $587 | — | $428 | $428 |
| Retained earnings (deficit) | −$1.1M | $820,787 | $534,645 | −$383,042 |
| Accumulated other comprehensive income | $29,361 | — | $21,774 | $67,727 |
| Total shareholders' equity | $4.2M | $466,571 | −$1.7M | −$2.6M |
| Key figures | ||||
| Total debt | $1.7M | — | $242,408 | $115,003 |
| Net cash (debt) | −$763,430 | — | −$121,040 | −$103,475 |
| Working capital | $2.9M | $999,652 | −$852,355 | −$401,705 |
| Tangible book value | $2.4M | $209,760 | −$2.1M | −$2.6M |
| Book value per share | $0.36 | $0.04 | −$0.15 | −$0.22 |
| Shares outstanding | 11.7M | 11.7M | 11.7M | 11.7M |
| Current ratio | 2.20 | 1.34 | 0.71 | 0.04 |
| Quick ratio | 2.18 | 1.25 | 0.69 | 0.04 |
| Debt / equity | 0.41 | — | — | — |
| Equity / assets | 40.6% | 8.3% | −44.8% | −1,937.8% |
| Mar '26 | Dec '25 | Jun '25 | Dec '24 | Jun '24 | Dec '23 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $942,820 | $942,820 | $5.1M | $685,796 | $734,373 | $121,368 |
| Cash & equivalents | $942,820 | $942,820 | $3.5M | $685,796 | $734,373 | $121,368 |
| Short-term investments | — | — | $268,766 | — | — | — |
| Receivables | $4.3M | $4.2M | $2.5M | $3.0M | $2.3M | $1.9M |
| Inventory | $25,072 | $25,072 | $86,497 | $21,157 | $55,574 | $64,013 |
| Other current assets | $33,834 | $201,854 | $346,947 | $241,810 | $1,096 | $13,194 |
| Total current assets | $5.3M | $5.3M | $8.0M | $3.9M | $3.1M | $2.1M |
| Property, plant & equipment (net) | $3.1M | $3.1M | $872,211 | $922,329 | $1.1M | $1.3M |
| Goodwill & intangible assets | $1.7M | $1.7M | $145,766 | $256,811 | $341,722 | $423,305 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $82,961 | $82,961 | $0 | $522,112 | $130,251 | $0 |
| Total assets | $10.3M | $10.3M | $6.6M | $5.6M | $4.6M | $3.8M |
| Liabilities | ||||||
| Accounts payable | $1.4M | $1.4M | $913,177 | $1.8M | $2.4M | $2.4M |
| Short-term debt | $196,446 | — | $35,369 | — | $68,426 | $66,264 |
| Deferred revenue | $14,592 | — | $92,015 | — | $13,042 | $9,865 |
| Total current liabilities | $2.4M | $2.4M | $1.4M | $2.9M | $3.2M | $3.0M |
| Long-term debt | $0 | $999,149 | $0 | $0 | $0 | $0 |
| Lease obligations | — | $684,149 | $135,689 | $161,908 | $202,914 | $241,644 |
| Other long-term liabilities | $3.7M | $2.7M | $2.3M | $2.2M | $2.4M | $2.5M |
| Total liabilities | $6.1M | $6.1M | $3.7M | $5.1M | $5.6M | $5.5M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $587 | — | $495 | — | $495 | $428 |
| Retained earnings (deficit) | −$1.1M | −$1.1M | $12,103 | $820,787 | $234,430 | $534,645 |
| Accumulated other comprehensive income | $29,361 | — | $61,504 | — | $83,288 | $21,774 |
| Total shareholders' equity | $4.2M | $4.2M | $5.4M | $466,571 | −$949,785 | −$1.7M |
| Key figures | ||||||
| Total debt | $1.7M | $999,149 | $136,453 | — | $203,678 | $242,408 |
| Net cash (debt) | −$763,430 | −$56,329 | $4.9M | — | $530,695 | −$121,040 |
| Working capital | $2.9M | $2.9M | $6.6M | $999,652 | −$84,470 | −$852,355 |
| Tangible book value | $2.4M | $2.4M | $5.2M | $209,760 | −$1.3M | −$2.1M |
| Book value per share | $0.36 | $0.36 | $0.54 | $0.04 | −$0.08 | −$0.15 |
| Shares outstanding | 11.7M | 11.7M | 9.9M | 11.7M | 11.7M | 11.7M |
| Current ratio | 2.20 | 2.20 | 5.80 | 1.34 | 0.97 | 0.71 |
| Quick ratio | 2.18 | 2.11 | 5.48 | 1.25 | 0.96 | 0.69 |
| Debt / equity | 0.41 | 0.24 | 0.03 | — | — | — |
| Equity / assets | 40.6% | 40.6% | 81.0% | 8.3% | −20.4% | −44.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 30, 2026); data from EODHD.
PFAI financial position
At the end of fiscal 2025 (December 31, 2025), Pinnacle Food Group Limited had total assets of $10.3 million (up 83.5% from a year earlier), total liabilities of $6.1 million and shareholders' equity of $4.2 million. It held $0.9 million in cash and short-term investments against $1.7 million of debt, net debt of $0.8 million. Its current ratio was 2.20. In the latest quarter (ended March 31, 2026) total assets were $10.3 million and equity $4.2 million.
Related: PFAI income statement, PFAI cash flow statement, PFAI key metrics. See the PFAI stock overview for the latest quote and news.
PFAI balance sheet FAQ
What are Pinnacle Food Group Limited's total assets?
Pinnacle Food Group Limited reported total assets of $10.3 million at the end of fiscal 2025 (December 31, 2025), compared with $5.6 million a year earlier.
How much debt does Pinnacle Food Group Limited have?
Pinnacle Food Group Limited had $1.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.41.
How much cash does Pinnacle Food Group Limited have?
Pinnacle Food Group Limited held $0.9 million in cash and short-term investments at the end of fiscal 2025; with $1.7 million of debt that is net debt of $0.8 million.
What is Pinnacle Food Group Limited's book value?
Pinnacle Food Group Limited's shareholders' equity (book value) was $4.2 million at the end of fiscal 2025, or $0.36 per share.
What is Pinnacle Food Group Limited's current ratio?
Pinnacle Food Group Limited had current assets of $5.3 million and current liabilities of $2.4 million, a current ratio of 2.20 (it can cover its short-term obligations).
How much goodwill does Pinnacle Food Group Limited have?
Pinnacle Food Group Limited carried $1.7 million of goodwill and intangible assets, 16.8% of total assets, at the end of fiscal 2025.