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 same quarter a year earlier.

Q2 FY2027
Jul 31, 2026
Q1 FY2027
Apr 30, 2026
Q4 FY2026
Jan 31, 2026
Q3 FY2026
Oct 31, 2025
Q2 FY2025
Jul 31, 2025
Q1 FY2025
Apr 30, 2025
Q4 FY2025
Jan 31, 2025
Q3 FY2025
Oct 31, 2024
Assets
Cash
32
28
19
+19.1%
27
+104.7%
17
+82.5%
19
+145.5%
16
+168.9%
13
Cash and investments
32
28
19
+19.1%
27
+104.7%
17
+82.5%
19
+145.5%
16
+168.9%
13
Receivables
49
51
66
+53.0%
57
+41.9%
47
+19.3%
47
+6.2%
43
-7.5%
40
Inventory
19
19
18
+9.0%
19
+19.9%
16
+0.4%
15
-5.7%
17
+7.0%
16
Total current assets
154
146
147
+34.9%
152
+45.2%
125
+24.8%
121
+21.9%
109
+10.1%
104
Property and equipment, net
46
45
44
+24.7%
42
+18.8%
39
+7.7%
36
-2.1%
35
-6.0%
36
Goodwill
2
2
2
+6.4%
2
-0.6%
2
-4.6%
2
-0.7%
2
-7.4%
2
Total assets
233
222
217
+31.6%
217
+35.0%
189
+19.8%
178
+14.5%
165
+6.1%
161
Liabilities and equity
Accounts payable
36
25
25
+3.6%
32
+55.4%
23
+15.4%
20
-13.7%
24
-6.4%
21
Total current liabilities
70
63
80
+47.6%
86
+60.4%
67
+21.4%
62
+6.5%
54
-6.4%
54
Stockholders' equity
93
92
91
+25.6%
86
+20.4%
80
+16.9%
78
+18.8%
72
+9.8%
71
Debt
Debt due within a year
6
19
—
47
—
—
36
+68.5%
—
Long-term debt
30
19
13
+246.0%
13
+43.0%
4
-58.4%
4
-7.1%
4
-13.2%
9
Lease liabilities
18
19
15
+69.7%
14
+65.9%
13
+66.1%
9
+34.3%
9
+21.4%
8
Total debt
54
57
28
-42.9%
73
+327.8%
17
-0.5%
13
+19.0%
49
+47.5%
17
Net cash
-22
-29
-9
+72.5%
-46
-1109.2%
1
+109.4%
6
+268.5%
-33
-21.3%
-4
Ratios
Current ratio
2.19x
2.31x
1.84x
1.76x
1.88x
1.95x
2.01x
1.94x
Debt to equity
0.58x
0.62x
0.31x
0.85x
0.21x
0.17x
0.67x
0.24x
Debt to EBITDA
—
—
0.81x
2.31x
0.86x
0.60x
2.03x
—
Return on equity
—
—
18.79%
16.18%
14.39%
17.95%
12.45%
—
Return on assets
—
—
7.83%
6.40%
6.11%
7.84%
5.44%
—
Book value per share
11.41
11.36
11.16
10.59
9.97
9.75
9.04
8.92
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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. 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)

Other Industrial & Commercial Fans & Blowers & Air Purifing Equip companies

All 6 Industrial & Commercial Fans & Blowers & Air Purifing Equip companies

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