Perma-Pipe International Holdings, Inc. (PPIH)

PPIH Balance Sheet

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	17.26	15.72	5.85	5.77	8.21	7.17
Cash & Short-Term Investments	17.26	15.72	5.85	5.77	8.21	7.17
Cash Growth	82.53%	168.88%	1.25%	-29.72%	14.50%	-46.35%
Receivables	78.45	65.02	66.34	56.77	49.41	29.48
Inventory	15.89	16.62	15.54	14.74	13.76	12.16
Prepaid Expenses	12.31	10.05	9.7	7.36	5.12	3.53
Restricted Cash	1.44	1.4	1.4	1.02	1.56	1.2
Other Current Assets	-	-	-	-	0.32	0.33
Total Current Assets	125.35	108.8	98.82	85.66	78.39	53.88
Property, Plant & Equipment	51.13	43.56	44.09	31.05	35.97	40.28
Goodwill	2.15	2.06	2.22	2.23	2.34	2.33
Long-Term Accounts Receivable	-	2.6	1.7	2.9	4.3	2.7
Long-Term Deferred Tax Assets	6.22	6.64	7.92	0.7	0.81	0.82
Other Long-Term Assets	4.14	1.58	0.97	0.44	1.59	2.68
Total Assets	188.99	165.24	155.71	122.97	123.4	102.69
Accounts Payable	23.07	23.69	25.32	14.75	13.62	10.37
Accrued Expenses	13.4	13.93	14.78	11.49	9.53	5.71
Current Portion of Long-Term Debt	18.81	9.17	9.48	10.45	7.03	6.47
Current Portion of Leases	1.42	1.15	1.03	1.08	1.85	1.7
Current Income Taxes Payable	3.1	2.38	2.38	2.32	2.02	1.16
Current Unearned Revenue	1.64	1.25	0.5	1.74	1.28	0.76
Other Current Liabilities	5.37	2.51	4.26	1.95	3.07	2.09
Total Current Liabilities	66.82	54.06	57.74	43.79	38.4	28.25
Long-Term Debt	12.35	15.22	16.02	13.6	14.21	5.87
Long-Term Leases	11.45	7.71	6.27	4.25	11.44	13.58
Long-Term Deferred Tax Liabilities	1.37	1.32	1.22	0.91	0.71	0.91
Other Long-Term Liabilities	4.58	3.82	2.49	2.63	4.18	4.77
Total Liabilities	96.56	82.14	83.73	65.18	68.94	53.38
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Additional Paid-In Capital	61.6	60.15	60.06	62.56	61.77	60.88
Retained Earnings	25.91	20.1	12.09	1.62	-2.3	-8.36
Treasury Stock	-	-	-0.97	-0.03	-1.99	-
Comprehensive Income & Other	-7.39	-8.2	-5.55	-6.45	-3.1	-3.29
Total Common Equity	80.2	72.14	65.71	57.78	54.46	49.31
Minority Interest	12.23	10.97	6.27	-	-	-
Shareholders' Equity	92.43	83.11	71.98	57.78	54.46	49.31
Total Liabilities & Equity	188.99	165.24	155.71	122.97	123.4	102.69
Total Debt	44.02	33.25	32.79	29.38	34.54	27.61
Net Cash (Debt)	-26.77	-17.53	-26.95	-23.61	-26.32	-20.44
Net Cash Per Share	-3.31	-2.19	-3.34	-2.91	-3.14	-2.52
Filing Date Shares Outstanding	8.09	7.98	8.02	8.01	8.15	8.16
Total Common Shares Outstanding	8.04	7.98	8.02	8	7.92	8.16
Working Capital	58.53	54.74	41.08	41.87	39.99	25.62
Book Value Per Share	9.97	9.04	8.20	7.22	6.88	6.04
Tangible Book Value	78.05	70.08	63.49	55.56	52.12	46.98
Tangible Book Value Per Share	9.70	8.78	7.92	6.94	6.58	5.75
Land	-	26.28	25.62	22.28	22.75	22.71
Machinery	-	54.76	61.87	60.65	56.48	55.96
Order Backlog	-	138.1	68.4	38.5	39.3	52.6

Updated Sep 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q