Perma-Pipe International Holdings Inc (PPIH) — Cash Flow Quality Index
Perma-Pipe International Holdings Inc (PPIH) has a Cash Flow Quality Index of -1.21x as of January 2026. Operating cash flow of $-6.80 Million is below net income of $5.62 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore PPIH long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Perma-Pipe International Holdings Inc Cash Flow Quality Index (1992–2026)
Historical Cash Flow Quality Index for Perma-Pipe International Holdings Inc across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check PPIH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Perma-Pipe International Holdings Inc (1992–2026)
Year-by-year earnings quality comparison for Perma-Pipe International Holdings Inc. For live market cap and the full company financial profile, see Perma-Pipe International Holdings Inc (PPIH) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.44x | $9.17 Million | $20.65 Million | ▼ -58.3% |
| 2025 | 1.06x | $13.93 Million | $13.09 Million | ▼ -24.4% |
| 2024 | 1.41x | $14.73 Million | $10.47 Million | ▲ +773.9% |
| 2023 | -0.21x | $-1.24 Million | $5.95 Million | ▲ +50.8% |
| 2022 | -0.42x | $-2.57 Million | $6.06 Million | ▼ -137.1% |
| 2020 | 1.14x | $4.09 Million | $3.58 Million | ▲ +275.8% |
| 2014 | 0.30x | $6.40 Million | $21.03 Million | ▼ -84.2% |
| 2011 | 1.93x | $8.69 Million | $4.51 Million | ▼ -74.0% |
| 2010 | 7.40x | $34.59 Million | $4.67 Million | ▲ +2387.7% |
| 2009 | -0.32x | $-2.17 Million | $6.69 Million | ▲ +78.5% |
| 2007 | -1.51x | $-6.92 Million | $4.59 Million | ▼ -137.5% |
| 2006 | 4.02x | $2.13 Million | $531.00K | ▲ +4640.2% |
| 2005 | -0.09x | $-249.00K | $2.81 Million | ▼ -103.2% |
| 2001 | 2.76x | $3.10 Million | $1.13 Million | ▲ +8.6% |
| 2000 | 2.54x | $6.10 Million | $2.40 Million | ▼ -75.4% |
| 1999 | 10.33x | $3.10 Million | $300.00K | ▲ +9744.4% |
| 1998 | -0.11x | $-300.00K | $2.80 Million | ▼ -107.3% |
| 1997 | 1.47x | $4.70 Million | $3.20 Million | ▲ +420.5% |
| 1996 | -0.46x | $-1.10 Million | $2.40 Million | ▲ +85.1% |
| 1995 | -3.08x | $-3.70 Million | $1.20 Million | ▼ -562.5% |
| 1994 | 0.67x | $1.00 Million | $1.50 Million | ▼ -18.5% |
| 1993 | 0.82x | $900.00K | $1.10 Million | ▼ -28.4% |
| 1992 | 1.14x | $800.00K | $700.00K | — |