Perma-Pipe International Holdings, Inc. (PPIH)

PPIH Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2024	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Cash & Equivalents	9.46	5.85	5.77	8.21	7.17	13.37
Cash & Short-Term Investments	9.46	5.85	5.77	8.21	7.17	13.37
Cash Growth	54.92%	1.25%	-29.72%	14.50%	-46.35%	31.66%
Receivables	60.86	66.34	56.77	49.41	29.48	31.57
Inventory	15.82	15.54	14.74	13.76	12.16	14.5
Prepaid Expenses	13.2	9.7	7.36	5.12	3.53	3.21
Restricted Cash	1.43	1.4	1.02	1.56	1.2	1.29
Other Current Assets	-	-	-	0.32	0.33	0.33
Total Current Assets	100.76	98.82	85.66	78.39	53.88	64.26
Property, Plant & Equipment	44.46	44.09	31.05	35.97	40.28	40.1
Goodwill	2.16	2.22	2.23	2.34	2.33	2.25
Long-Term Accounts Receivable	-	1.7	2.9	4.3	2.7	2.6
Long-Term Deferred Tax Assets	7.87	7.92	0.7	0.81	0.82	0.29
Other Long-Term Assets	3.95	0.97	0.44	1.59	2.68	2.72
Total Assets	159.19	155.71	122.97	123.4	102.69	112.23
Accounts Payable	21.41	25.32	14.75	13.62	10.37	9.58
Accrued Expenses	12.75	14.78	11.49	9.53	5.71	8.15
Current Portion of Long-Term Debt	12.19	9.48	10.45	7.03	6.47	9.62
Current Portion of Leases	1	1.03	1.08	1.85	1.7	1.46
Current Income Taxes Payable	2.48	2.38	2.32	2.02	1.16	0.66
Current Unearned Revenue	0.7	0.5	1.74	1.28	0.76	1.17
Other Current Liabilities	5.95	4.26	1.95	3.07	2.09	2.2
Total Current Liabilities	56.47	57.74	43.79	38.4	28.25	32.84
Long-Term Debt	15.58	16.02	13.6	14.21	5.87	6.04
Long-Term Leases	6.75	6.27	4.25	11.44	13.58	11.89
Long-Term Deferred Tax Liabilities	1.17	1.22	0.91	0.71	0.91	1.05
Other Long-Term Liabilities	2.58	2.49	2.63	4.18	4.77	4.77
Total Liabilities	82.55	83.73	65.18	68.94	53.38	56.6
Common Stock	0.08	0.08	0.08	0.08	0.08	0.08
Additional Paid-In Capital	59.81	60.06	62.56	61.77	60.88	60.02
Retained Earnings	16.82	12.09	1.62	-2.3	-8.36	-0.72
Treasury Stock	-0.97	-0.97	-0.03	-1.99	-	-
Comprehensive Income & Other	-7.16	-5.55	-6.45	-3.1	-3.29	-3.76
Total Common Equity	68.58	65.71	57.78	54.46	49.31	55.63
Minority Interest	8.06	6.27	-	-	-	-
Shareholders' Equity	76.64	71.98	57.78	54.46	49.31	55.63
Total Liabilities & Equity	159.19	155.71	122.97	123.4	102.69	112.23
Total Debt	35.51	32.79	29.38	34.54	27.61	29.01
Net Cash (Debt)	-26.06	-26.95	-23.61	-26.32	-20.44	-15.64
Net Cash Per Share	-3.23	-3.34	-2.91	-3.14	-2.52	-1.86
Filing Date Shares Outstanding	7.98	8.02	8.01	8.15	8.16	8.05
Total Common Shares Outstanding	8.09	8.02	8	7.92	8.16	8.05
Working Capital	44.29	41.08	41.87	39.99	25.62	31.42
Book Value Per Share	8.48	8.20	7.22	6.88	6.04	6.91
Tangible Book Value	66.43	63.49	55.56	52.12	46.98	53.38
Tangible Book Value Per Share	8.21	7.92	6.94	6.58	5.75	6.63
Land	-	25.62	22.28	22.75	22.71	22.33
Machinery	-	61.87	60.65	56.48	55.96	55.49
Order Backlog	-	68.4	38.5	39.3	52.6	46.8

Source: S&P Capital IQ. Standard template. Financial Sources.