Perma-Pipe International Holdings Inc (PPIH) — Defensive Interval Ratio

Latest as of January 2026: 455 days

Perma-Pipe International Holdings Inc (PPIH) has a Defensive Interval Ratio of 455 days as of January 2026. Defensive assets of $99.49 Million (cash $-, short-term investments $-, receivables $99.49 Million) cover 455 days of daily cash needs of $218.60K/day. Check PPIH tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

455 days
Days of operational coverage

Defensive Assets

$99.49 Million
Cash + ST Investments + Receivables

Daily Cash Need

$218.60K
Current Liabilities ÷ 365

Current Liabilities

$79.79 Million
USD

Perma-Pipe International Holdings Inc Defensive Interval Ratio (1990–2026)

This chart shows how Perma-Pipe International Holdings Inc's Defensive Interval Ratio has evolved across 37 annual periods from 1990 to 2026. As of January 2026, the ratio stands at 455 days, meaning defensive assets of $99.49 Million can fund 455 days of operations without new revenue. Also explore PPIH net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Perma-Pipe International Holdings Inc (1990–2026)

The table below presents the year-by-year Defensive Interval Ratio for Perma-Pipe International Holdings Inc from 1990 to 2026, covering 37 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is Perma-Pipe International Holdings Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 455 days $99.49 Million $218.60K/day $- $- ▲ +16 days
2025 439 days $65.02 Million $148.12K/day $- $- ▲ +20 days
2024 419 days $66.34 Million $158.20K/day $- $- ▼ -54 days
2023 473 days $56.77 Million $119.97K/day $- $- ▲ +3 days
2022 470 days $49.41 Million $105.20K/day $- $- ▲ +89 days
2021 381 days $29.48 Million $77.40K/day $- $- ▲ +30 days
2020 351 days $31.57 Million $89.97K/day $- $- ▲ +15 days
2019 336 days $34.16 Million $101.61K/day $- $- ▲ +4 days
2018 332 days $35.67 Million $107.34K/day $- $1.24 Million ▼ -103 days
2017 435 days $33.36 Million $76.71K/day $- $0.00 ▲ +198 days
2016 237 days $41.60 Million $175.58K/day $- $3.05 Million ▲ +39 days
2015 198 days $35.46 Million $179.25K/day $- $428.00K ▼ -127 days
2014 325 days $47.57 Million $146.53K/day $- $439.00K ▲ +135 days
2013 190 days $25.63 Million $134.82K/day $- $725.00K ▼ -87 days
2012 277 days $29.96 Million $108.18K/day $- $1.85 Million ▼ -66 days
2011 343 days $37.82 Million $110.28K/day $- $984.00K ▼ -76 days
2010 419 days $43.92 Million $104.88K/day $- $2.10 Million ▲ +106 days
2009 313 days $60.26 Million $192.52K/day $- $220.00K ▲ +18 days
2008 295 days $45.54 Million $154.53K/day $- $565.00K ▼ -7 days
2007 301 days $41.25 Million $136.82K/day $- $540.00K ▼ -68 days
2006 369 days $24.51 Million $66.40K/day $- $369.00K ▼ -22 days
2005 391 days $27.09 Million $69.30K/day $- $973.00K ▲ +160 days
2004 231 days $20.95 Million $90.73K/day $- $238.00K ▼ -159 days
2003 390 days $22.55 Million $57.77K/day $- $276.00K ▲ +115 days
2002 275 days $23.17 Million $84.31K/day $- $- ▼ -141 days
2001 415 days $30.15 Million $72.58K/day $- $- ▲ +9 days
2000 406 days $26.45 Million $65.08K/day $- $- ▼ -2 days
1999 408 days $25.40 Million $62.19K/day $- $- ▼ -84 days
1998 493 days $26.60 Million $53.97K/day $- $- ▲ +33 days
1997 459 days $21.90 Million $47.67K/day $- $- ▲ +105 days
1996 354 days $16.70 Million $47.12K/day $- $- ▼ -129 days
1995 484 days $21.60 Million $44.66K/day $- $- ▲ +11 days
1994 472 days $15.40 Million $32.60K/day $- $- ▼ -277 days
1993 749 days $3.90 Million $5.21K/day $- $- ▲ +194 days
1992 555 days $3.50 Million $6.30K/day $- $- ▲ +8 days
1991 548 days $3.60 Million $6.58K/day $- $- ▲ +183 days
1990 365 days $2.00 Million $5.48K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)