Perma-Pipe International Holdings Debt-to-Assets Ratio Growth & History (PPIH)
Perma-Pipe International Holdings's debt-to-assets ratio was 0.22 for fiscal 2025.
View full Perma-Pipe International Holdings company overviewPerma-Pipe International Holdings annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-01-31 | 0.22 | 0.02 | +8.60% |
| 2024 | 2025-01-31 | 0.20 | −0.01 | −4.62% |
| 2023 | 2024-01-31 | 0.21 | 0.09 | +80.60% |
| 2022 | 2023-01-31 | 0.12 | −0.16 | −58.37% |
| 2021 | 2022-01-31 | 0.28 | 0.01 | +3.86% |
| 2020 | 2021-01-31 | 0.27 | 0.01 | +4.12% |
| 2019 | 2020-01-31 | 0.26 | 0.10 | +62.89% |
| 2018 | 2019-01-31 | 0.16 | −0.00 | −0.78% |
| 2017 | 2018-01-31 | 0.16 | 0.04 | +33.63% |
| 2016 | 2017-01-31 | 0.12 | 0.00 | +4.21% |
| 2015 | 2016-01-31 | 0.12 | −0.02 | −16.41% |
| 2014 | 2015-01-31 | 0.14 | −0.07 | −33.31% |
| 2013 | 2014-01-31 | 0.21 | −0.08 | −28.91% |
| 2012 | 2013-01-31 | 0.29 | 0.04 | +16.74% |
| 2011 | 2012-01-31 | 0.25 | 0.01 | +3.74% |
| 2010 | 2011-01-31 | 0.24 | — | — |
Perma-Pipe International Holdings quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-31 | 0.23 | −0.00 | −0.23% |
| Q1 2026 | 2026-04-30 | 0.22 | 0.01 | +5.04% |
| Q4 2025 | 2026-01-31 | 0.22 | 0.02 | +8.60% |
| Q3 2025 | 2025-10-31 | 0.34 | 0.12 | +54.16% |
| Q2 2025 | 2025-07-31 | 0.23 | 0.01 | +3.56% |
| Q1 2025 | 2025-04-30 | 0.21 | −0.01 | −4.93% |
| Q4 2024 | 2025-01-31 | 0.20 | −0.01 | −4.62% |
| Q3 2024 | 2024-10-31 | 0.22 | −0.02 | −7.93% |
| Q2 2024 | 2024-07-31 | 0.23 | −0.03 | −13.42% |
| Q1 2024 | 2024-04-30 | 0.22 | −0.04 | −14.51% |
| Q4 2023 | 2024-01-31 | 0.21 | 0.09 | +80.60% |
| Q3 2023 | 2023-10-31 | 0.24 | −0.04 | −15.78% |
| Q2 2023 | 2023-07-31 | 0.26 | −0.05 | −15.43% |
| Q1 2023 | 2023-04-30 | 0.26 | −0.03 | −10.25% |
| Q4 2022 | 2023-01-31 | 0.12 | −0.16 | −58.37% |
| Q3 2022 | 2022-10-31 | 0.28 | 0.09 | +48.88% |
| Q2 2022 | 2022-07-31 | 0.31 | 0.13 | +71.35% |
| Q1 2022 | 2022-04-30 | 0.29 | 0.09 | +46.46% |
| Q4 2021 | 2022-01-31 | 0.28 | 0.01 | +3.86% |
| Q3 2021 | 2021-10-31 | 0.19 | −0.06 | −23.11% |
| Q2 2021 | 2021-07-31 | 0.18 | −0.04 | −19.82% |
| Q1 2021 | 2021-04-30 | 0.20 | −0.06 | −23.06% |
| Q4 2020 | 2021-01-31 | 0.27 | 0.01 | +4.12% |
| Q3 2020 | 2020-10-31 | 0.25 | 0.01 | +3.20% |
| Q2 2020 | 2020-07-31 | 0.22 | −0.00 | −2.11% |
| Q1 2020 | 2020-04-30 | 0.25 | 0.03 | +14.51% |
| Q4 2019 | 2020-01-31 | 0.26 | 0.10 | +62.89% |
| Q3 2019 | 2019-10-31 | 0.24 | 0.03 | +14.68% |
| Q2 2019 | 2019-07-31 | 0.23 | 0.05 | +27.73% |
| Q1 2019 | 2019-04-30 | 0.22 | 0.04 | +21.64% |
| Q4 2018 | 2019-01-31 | 0.16 | −0.00 | −0.78% |
| Q3 2018 | 2018-10-31 | 0.21 | 0.03 | +17.13% |
| Q2 2018 | 2018-07-31 | 0.18 | 0.02 | +11.93% |
| Q1 2018 | 2018-04-30 | 0.18 | 0.05 | +37.82% |
| Q4 2017 | 2018-01-31 | 0.16 | 0.04 | +33.63% |
| Q3 2017 | 2017-10-31 | 0.18 | 0.04 | +32.72% |
| Q2 2017 | 2017-07-31 | 0.16 | 0.05 | +42.39% |
| Q1 2017 | 2017-04-30 | 0.13 | 0.01 | +8.41% |
| Q4 2016 | 2017-01-31 | 0.12 | 0.00 | +4.21% |
| Q3 2016 | 2016-10-31 | 0.13 | −0.12 | −47.40% |
| Q2 2016 | 2016-07-31 | 0.11 | −0.09 | −44.63% |
| Q1 2016 | 2016-04-30 | 0.12 | −0.08 | −39.81% |
| Q4 2015 | 2016-01-31 | 0.12 | −0.02 | −16.41% |
| Q3 2015 | 2015-10-31 | 0.25 | 0.06 | +29.83% |
| Q2 2015 | 2015-07-31 | 0.20 | −0.03 | −11.81% |
| Q1 2015 | 2015-04-30 | 0.20 | 0.00 | +2.52% |
| Q4 2014 | 2015-01-31 | 0.14 | −0.07 | −33.31% |
| Q3 2014 | 2014-10-31 | 0.20 | −0.04 | −15.66% |
| Q2 2014 | 2014-07-31 | 0.23 | −0.02 | −8.42% |
| Q1 2014 | 2014-04-30 | 0.20 | −0.06 | −24.69% |
| Q4 2013 | 2014-01-31 | 0.21 | −0.08 | −28.91% |
| Q3 2013 | 2013-10-31 | 0.23 | −0.06 | −19.98% |
| Q2 2013 | 2013-07-31 | 0.25 | −0.05 | −16.22% |
| Q1 2013 | 2013-04-30 | 0.26 | −0.02 | −7.20% |
| Q4 2012 | 2013-01-31 | 0.29 | 0.04 | +16.74% |
| Q3 2012 | 2012-10-31 | 0.29 | 0.02 | +7.79% |
| Q2 2012 | 2012-07-31 | 0.30 | 0.04 | +14.89% |
| Q1 2012 | 2012-04-30 | 0.28 | — | — |
| Q4 2011 | 2012-01-31 | 0.25 | 0.01 | +3.74% |
| Q3 2011 | 2011-10-31 | 0.27 | — | — |
| Q2 2011 | 2011-07-31 | 0.26 | — | — |
| Q4 2010 | 2011-01-31 | 0.24 | — | — |
Perma-Pipe International Holdings debt-to-assets ratio trends
Over the last five fiscal years, Perma-Pipe International Holdings's debt-to-assets ratio decreased from 0.27 to 0.22, a change of −0.05. The latest reported quarter, Q2 2026, shows 0.23.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Perma-Pipe International Holdings source filings ↗Community posts
Perma-Pipe discloses more than $28 million in new North American orders
Perma-Pipe ($PPIH) disclosed new North American orders exceeding $28 million during the first two months of its fiscal third quarter. The awards cover district heating, Canadian oil and gas projects and US data centres, extending demand acr ...