Perma-Pipe International Holdings, Inc. balance sheet PPIH

Annual Quarterly

As of Jul 31, 2026, Perma-Pipe International Holdings, Inc. had total assets of $232.6 million. Stockholders' equity was $93.5 million. It held $31.8 million in cash and investments against $54.2 million of total debt, net debt of $22.4 million. The current ratio, current assets divided by current liabilities, was 2.19.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2027
Jul 31, 2026
FY 2026
Jan 31, 2026
FY 2025
Jan 31, 2025
FY 2024
Jan 31, 2024
FY 2023
Jan 31, 2023
FY 2021
Jan 31, 2022
FY 2020
Jan 31, 2021
FY 2019
Jan 31, 2020
FY 2019
Jan 31, 2019
FY 2017
Jan 31, 2018
FY 2016
Jan 31, 2017
Assets
Cash
32
19
+19.1%
16
+168.9%
6
+1.2%
6
8
+14.5%
7
-29.4%
13
10
7
-6.8%
8
-54.3%
Cash and investments
32
19
+19.1%
16
+168.9%
6
+1.2%
6
8
+14.5%
7
-29.4%
13
10
7
-8.0%
8
-54.0%
Receivables
49
66
+53.0%
43
-7.5%
47
+11.0%
42
44
+76.2%
25
-22.4%
29
33
—
—
Inventory
19
18
+9.0%
17
+7.0%
16
+5.4%
15
14
+13.2%
12
-1.1%
14
12
17
+24.3%
14
-13.2%
Total current assets
154
147
+34.9%
109
+10.1%
99
+15.4%
86
78
+45.5%
54
-14.4%
64
63
62
+7.8%
58
-39.7%
Property and equipment, net
46
44
+24.7%
35
-6.0%
38
+41.9%
27
25
-8.0%
27
-11.5%
29
30
35
-4.9%
36
+42.8%
Goodwill
2
2
+6.4%
2
-7.4%
2
-0.2%
2
2
+0.4%
2
+2.8%
2
2
2
+6.3%
2
Total assets
233
217
+31.6%
165
+6.1%
156
+26.6%
123
123
+20.2%
103
+0.5%
112
102
105
+2.9%
102
-26.4%
Liabilities and equity
Accounts payable
36
25
+3.6%
24
-6.4%
25
+71.6%
15
14
+31.4%
10
-13.7%
10
12
14
+30.1%
11
-1.1%
Total current liabilities
70
80
+47.6%
54
-6.4%
58
+31.9%
44
38
+35.9%
28
-23.8%
33
37
39
+39.9%
28
-56.3%
Stockholders' equity
93
91
+25.6%
72
+9.8%
66
+13.7%
58
54
+10.4%
49
-4.6%
56
52
51
-13.9%
59
-13.9%
Debt
Debt due within a year
6
—
21
-2.7%
—
11
17
+23.4%
14
-29.6%
20
19
16
+77.7%
9
-34.6%
Long-term debt
30
4
+13.6%
4
-13.2%
4
-3.6%
4
5
-19.3%
6
-7.2%
7
7
8
+6.5%
7
+393.7%
Lease liabilities
18
15
+69.7%
9
+21.4%
7
+37.0%
5
13
-13.0%
15
+14.5%
13
—
—
—
Total debt
54
19
-42.4%
33
+1.3%
12
-43.3%
20
35
-0.1%
35
-10.8%
40
26
24
+46.2%
16
+6.0%
Net cash
-22
-0
+97.2%
-18
+34.9%
-6
+61.0%
-15
-27
+3.8%
-28
+4.4%
-27
-16
-17
-94.2%
-9
-793.9%
Ratios
Current ratio
2.19x
1.84x
2.01x
1.71x
1.96x
2.04x
1.91x
1.96x
1.70x
1.59x
2.07x
Debt to equity
0.58x
0.21x
0.46x
0.18x
0.35x
0.64x
0.71x
0.72x
0.50x
0.47x
0.28x
Debt to EBITDA
—
0.56x
1.39x
0.67x
1.37x
2.82x
—
4.33x
2.79x
—
—
Return on equity
—
18.79%
12.45%
15.93%
10.29%
11.13%
-15.50%
6.43%
6.92%
-19.49%
-21.00%
Return on assets
—
7.83%
5.44%
6.72%
4.83%
4.91%
-7.44%
3.19%
3.50%
-9.54%
-12.28%
Book value per share
11.41
11.16
9.04
—
7.22
6.68
6.04
6.91
6.58
6.63
7.82
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Industrial & Commercial Fans & Blowers & Air Purifing Equip (SIC 3564)
Listed as
PPIH (Nasdaq)
Fiscal year ends
January 31
Incorporated in
DE
Headquarters
The Woodlands, TX
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
914122
Former names
MFRI INC (until Mar 20, 2017)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.