Perma-Pipe International Holdings Current Ratio Growth & History (PPIH)

Perma-Pipe International Holdings's current ratio was 1.84 for fiscal 2025.

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Perma-Pipe International Holdings annual current ratio history

Perma-Pipe International Holdings annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20252026-01-311.84−0.17−8.62%
20242025-01-312.010.30+17.60%
20232024-01-311.71−0.24−12.51%
20222023-01-311.96−0.09−4.18%
20212022-01-312.040.13+7.06%
20202021-01-311.91−0.05−2.54%
20192020-01-311.960.26+15.26%
20182019-01-311.700.11+6.73%
20172018-01-311.59−0.47−22.98%
20162017-01-312.070.57+38.03%
20152016-01-311.50−0.18−10.77%
20142015-01-311.68−0.21−11.29%
20132014-01-311.890.18+10.28%
20122013-01-311.71−0.38−18.13%
20112012-01-312.09−0.37−14.93%
20102011-01-312.46

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.

About the metric

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.

Calculation and source

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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