Perma-Pipe International Holdings (PPIH) Debt Ratio (2011 - 2026)
Perma-Pipe International Holdings' (PPIH) Debt Ratio was 0.16 for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 117.9% from 0.07 a year earlier and up 16.2% from the prior quarter.
Perma-Pipe International Holdings (PPIH) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Debt Ratio at Perma-Pipe International Holdings was 0.15, up 91.4% from FY2025.
- By fiscal year, Debt Ratio came in at 0.08 in FY2025 (+24.8%), 0.06 in FY2024 (-27.5%), 0.09 in FY2023 (-9.8%) and 0.10 in FY2022 (-3.7%).
- The fiscal Q2 2027 figure ranks as the highest quarterly Debt Ratio since fiscal Q3 2019.
- Year over year, Debt Ratio has now increased in each of the last four quarters, with growth averaging 46.2% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was fiscal Q2 2027 (growth of 117.9%); the low point was fiscal Q1 2025 (a decline of 40.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.13 (Q1 2027), 0.15 (Q4 2026) and 0.14 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 0.44 |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 0.42 |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 0.54 |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 0.37 |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 0.28 |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | 0.31 |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | 0.38 |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 0.18 |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 0.59 |
| 10 | Perma-Pipe International Holdings | 242.23 Mn | 136.20 Mn | 17.41 Mn | 0.16 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.16 |
| Apr 30, 2026 | 0.13 |
| Jan 31, 2026 | 0.15 |
| Oct 31, 2025 | 0.14 |
| Jul 31, 2025 | 0.10 |
| Apr 30, 2025 | 0.09 |
| Jan 31, 2025 | 0.08 |
| Oct 31, 2024 | 0.13 |
| Jul 31, 2024 | 0.13 |
| Apr 30, 2024 | 0.10 |
| Jan 31, 2024 | 0.09 |
| Oct 31, 2023 | 0.12 |
| Jul 31, 2023 | 0.14 |
| Apr 30, 2023 | 0.14 |
| Jan 31, 2023 | 0.12 |
| Oct 31, 2022 | 0.15 |
| Jul 31, 2022 | 0.17 |
| Apr 30, 2022 | 0.14 |
| Jan 31, 2022 | 0.10 |
| Oct 31, 2021 | 0.08 |
Perma-Pipe International Holdings Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=PPIH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "PPIH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=PPIH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();