Perma-Pipe International Holdings Current Ratio Growth & History (PPIH)
Perma-Pipe International Holdings's current ratio was 1.84 for fiscal 2025.
View full Perma-Pipe International Holdings company overviewPerma-Pipe International Holdings annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 1.84 | −0.17 | −8.62% |
| 2024 | 2025-01-31 | 2.01 | 0.30 | +17.60% |
| 2023 | 2024-01-31 | 1.71 | −0.24 | −12.51% |
| 2022 | 2023-01-31 | 1.96 | −0.09 | −4.18% |
| 2021 | 2022-01-31 | 2.04 | 0.13 | +7.06% |
| 2020 | 2021-01-31 | 1.91 | −0.05 | −2.54% |
| 2019 | 2020-01-31 | 1.96 | 0.26 | +15.26% |
| 2018 | 2019-01-31 | 1.70 | 0.11 | +6.73% |
| 2017 | 2018-01-31 | 1.59 | −0.47 | −22.98% |
| 2016 | 2017-01-31 | 2.07 | 0.57 | +38.03% |
| 2015 | 2016-01-31 | 1.50 | −0.18 | −10.77% |
| 2014 | 2015-01-31 | 1.68 | −0.21 | −11.29% |
| 2013 | 2014-01-31 | 1.89 | 0.18 | +10.28% |
| 2012 | 2013-01-31 | 1.71 | −0.38 | −18.13% |
| 2011 | 2012-01-31 | 2.09 | −0.37 | −14.93% |
| 2010 | 2011-01-31 | 2.46 | — | — |
Perma-Pipe International Holdings quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-04-30 | 2.31 | 0.36 | +18.17% |
| Q4 2025 | 2026-01-31 | 1.84 | −0.17 | −8.62% |
| Q3 2025 | 2025-10-31 | 1.76 | −0.18 | −9.50% |
| Q2 2025 | 2025-07-31 | 1.88 | 0.05 | +2.86% |
| Q1 2025 | 2025-04-30 | 1.95 | 0.25 | +14.50% |
| Q4 2024 | 2025-01-31 | 2.01 | 0.30 | +17.60% |
| Q3 2024 | 2024-10-31 | 1.94 | 0.30 | +17.98% |
| Q2 2024 | 2024-07-31 | 1.82 | 0.20 | +12.57% |
| Q1 2024 | 2024-04-30 | 1.71 | −0.11 | −6.20% |
| Q4 2023 | 2024-01-31 | 1.71 | −0.24 | −12.51% |
| Q3 2023 | 2023-10-31 | 1.65 | −0.24 | −12.67% |
| Q2 2023 | 2023-07-31 | 1.62 | −0.20 | −11.02% |
| Q1 2023 | 2023-04-30 | 1.82 | −0.08 | −4.46% |
| Q4 2022 | 2023-01-31 | 1.96 | −0.09 | −4.18% |
| Q3 2022 | 2022-10-31 | 1.88 | −0.14 | −6.82% |
| Q2 2022 | 2022-07-31 | 1.82 | −0.23 | −11.35% |
| Q1 2022 | 2022-04-30 | 1.90 | −0.21 | −10.06% |
| Q4 2021 | 2022-01-31 | 2.04 | 0.13 | +7.06% |
| Q3 2021 | 2021-10-31 | 2.02 | −0.23 | −10.33% |
| Q2 2021 | 2021-07-31 | 2.05 | −0.24 | −10.55% |
| Q1 2021 | 2021-04-30 | 2.12 | 0.17 | +8.88% |
| Q4 2020 | 2021-01-31 | 1.91 | −0.05 | −2.54% |
| Q3 2020 | 2020-10-31 | 2.25 | 0.51 | +28.96% |
| Q2 2020 | 2020-07-31 | 2.30 | 0.49 | +27.34% |
| Q1 2020 | 2020-04-30 | 1.95 | 0.28 | +16.55% |
| Q4 2019 | 2020-01-31 | 1.96 | 0.26 | +15.26% |
| Q3 2019 | 2019-10-31 | 1.75 | 0.17 | +10.80% |
| Q2 2019 | 2019-07-31 | 1.80 | 0.07 | +3.81% |
| Q1 2019 | 2019-04-30 | 1.67 | 0.07 | +4.36% |
| Q4 2018 | 2019-01-31 | 1.70 | 0.11 | +6.73% |
| Q3 2018 | 2018-10-31 | 1.58 | −0.04 | −2.33% |
| Q2 2018 | 2018-07-31 | 1.74 | −0.00 | −0.25% |
| Q1 2018 | 2018-04-30 | 1.60 | −0.22 | −11.88% |
| Q4 2017 | 2018-01-31 | 1.59 | −0.47 | −22.98% |
| Q3 2017 | 2017-10-31 | 1.62 | −0.28 | −14.89% |
| Q2 2017 | 2017-07-31 | 1.74 | −0.25 | −12.76% |
| Q1 2017 | 2017-04-30 | 1.81 | 0.42 | +29.75% |
| Q4 2016 | 2017-01-31 | 2.07 | 0.57 | +38.03% |
| Q3 2016 | 2016-10-31 | 1.90 | 0.57 | +42.83% |
| Q2 2016 | 2016-07-31 | 2.00 | 0.69 | +53.14% |
| Q1 2016 | 2016-04-30 | 1.40 | −0.04 | −2.79% |
| Q4 2015 | 2016-01-31 | 1.50 | −0.18 | −10.77% |
| Q3 2015 | 2015-10-31 | 1.33 | −1.03 | −43.73% |
| Q2 2015 | 2015-07-31 | 1.30 | −1.28 | −49.58% |
| Q1 2015 | 2015-04-30 | 1.44 | −0.68 | −31.95% |
| Q4 2014 | 2015-01-31 | 1.68 | −0.21 | −11.29% |
| Q3 2014 | 2014-10-31 | 2.36 | 0.44 | +22.59% |
| Q2 2014 | 2014-07-31 | 2.59 | 0.75 | +41.16% |
| Q1 2014 | 2014-04-30 | 2.11 | 0.46 | +27.96% |
| Q4 2013 | 2014-01-31 | 1.89 | 0.18 | +10.28% |
| Q3 2013 | 2013-10-31 | 1.93 | −0.10 | −5.07% |
| Q2 2013 | 2013-07-31 | 1.83 | −0.28 | −13.42% |
| Q1 2013 | 2013-04-30 | 1.65 | −0.51 | −23.52% |
| Q4 2012 | 2013-01-31 | 1.71 | −0.38 | −18.13% |
| Q3 2012 | 2012-10-31 | 2.03 | −0.43 | −17.62% |
| Q2 2012 | 2012-07-31 | 2.12 | −0.27 | −11.43% |
| Q1 2012 | 2012-04-30 | 2.16 | — | — |
| Q4 2011 | 2012-01-31 | 2.09 | −0.37 | −14.93% |
| Q3 2011 | 2011-10-31 | 2.46 | — | — |
| Q2 2011 | 2011-07-31 | 2.39 | — | — |
| Q4 2010 | 2011-01-31 | 2.46 | — | — |
Perma-Pipe International Holdings current ratio trends
Over the last five fiscal years, Perma-Pipe International Holdings's current ratio decreased from 1.91 to 1.84, a change of −0.07. The latest reported quarter, Q1 2026, shows 2.31.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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