Perma-Pipe International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Perma-Pipe International Holdings has a total shareholder equity of $72.6M and total debt of $27.2M, which brings its debt-to-equity ratio to 37.5%. Its total assets and total liabilities are $157.2M and $84.6M respectively. Perma-Pipe International Holdings's EBIT is $16.4M making its interest coverage ratio 7.3. It has cash and short-term investments of $7.7M.
Key information
37.5%
Debt to equity ratio
US$27.22m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$7.67m |
| Equity | US$72.58m |
| Total liabilities | US$84.58m |
| Total assets | US$157.16m |
Recent financial health updates
We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Can Stay On Top Of Its Debt
Jul 10
We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Has A Fair Chunk Of Debt
Oct 06Here's Why Perma-Pipe International Holdings (NASDAQ:PPIH) Can Afford Some Debt
May 08Is Perma-Pipe International Holdings (NASDAQ:PPIH) A Risky Investment?
Nov 30Recent updates
Impressive Earnings May Not Tell The Whole Story For Perma-Pipe International Holdings (NASDAQ:PPIH)
May 03Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Dec 19Here's Why We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Is Well Worth Watching
Oct 07Market Still Lacking Some Conviction On Perma-Pipe International Holdings, Inc. (NASDAQ:PPIH)
Aug 04We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Can Stay On Top Of Its Debt
Jul 10Returns At Perma-Pipe International Holdings (NASDAQ:PPIH) Are On The Way Up
Jan 03Perma-Pipe unit gets $14M contract for King Salman Park Project in Saudi Arabia
Sep 20Perma-Pipe International GAAP EPS of $0.23, revenue of $37M
Sep 07Perma-Pipe International Holdings' (NASDAQ:PPIH) Earnings Are Weaker Than They Seem
Jun 16Returns On Capital Are Showing Encouraging Signs At Perma-Pipe International Holdings (NASDAQ:PPIH)
Apr 21Perma-Pipe International Holdings (NASDAQ:PPIH) Might Have The Makings Of A Multi-Bagger
Dec 10We Think Perma-Pipe International Holdings (NASDAQ:PPIH) Has A Fair Chunk Of Debt
Oct 06Here's Why Shareholders May Want To Be Cautious With Increasing Perma-Pipe International Holdings, Inc.'s (NASDAQ:PPIH) CEO Pay Packet
May 20Here's Why Perma-Pipe International Holdings (NASDAQ:PPIH) Can Afford Some Debt
May 08If You Had Bought Perma-Pipe International Holdings' (NASDAQ:PPIH) Shares Three Years Ago You Would Be Down 24%
Mar 16Perma-Pipe International stcok climbs 16% on contract to supply five miles of subsea insulated pipe
Feb 01Perma-Pipe announces $6.7M contract awarded in India
Jan 14Perma-Pipe International reports Q3 results
Dec 21Is Perma-Pipe International Holdings (NASDAQ:PPIH) A Risky Investment?
Nov 30Financial Position Analysis
Short Term Liabilities: PPIH's short term assets ($99.0M) exceed its short term liabilities ($59.4M).
Long Term Liabilities: PPIH's short term assets ($99.0M) exceed its long term liabilities ($25.2M).
Debt to Equity History and Analysis
Debt Level: PPIH's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: PPIH's debt to equity ratio has increased from 25.2% to 37.5% over the past 5 years.
Debt Coverage: PPIH's debt is well covered by operating cash flow (45.1%).
Interest Coverage: PPIH's interest payments on its debt are well covered by EBIT (7.3x coverage).