Perma-Pipe International Holdings (PPIH) Quick Ratio
Market Cap: $92.68M
Avg Volume: 24.21K
Industry: Construction
Sector: Industrials
Perma-Pipe International Holdings Quick Ratio
- Annual: 1.44
- Quarterly: 1.64
- TTM: 1.64
What is the Quick Ratio?
The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.
Related Metrics
Other important metrics to assess Perma-Pipe International Holdings's financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 1.71
- Quarterly: 1.94
- TTM: 1.94
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.10
- Quarterly: 0.25
- TTM: 0.25
These metrics provide insights into Perma-Pipe International Holdings's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Quick Ratio
1.44
Quarterly Quick Ratio
1.64
TTM Quick Ratio
1.64
Perma-Pipe International Holdings Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Perma-Pipe International Holdings Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Quick Ratio | Current Ratio | Cash Ratio |
|---|---|---|---|
| 2024 | 1.44 | 1.71 | 0.10 |
| 2023 | 1.62 | 1.96 | 0.13 |
| 2022 | 1.68 | 2.04 | 0.21 |
| 2021 | 1.48 | 1.91 | 0.25 |
| 2020 | 1.52 | 1.96 | 0.41 |
| 2019 | 1.37 | 1.70 | 0.27 |
| 2018 | 1.16 | 1.59 | 0.18 |
| 2017 | 1.47 | 1.92 | 0.25 |
| 2016 | 1.22 | 1.45 | 0.25 |
| 2015 | 1.12 | 1.69 | 0.20 |
Related Metrics
Explore detailed financial metrics and analysis for PPIH.