Perma-Pipe International Holdings Inc (PPIH) — Financial Flexibility Index

Latest as of January 2026: -0.04x

Perma-Pipe International Holdings Inc (PPIH) has a Financial Flexibility Index of -0.04x as of January 2026. Free cash flow of $-4.77 Million (operating CF $-6.80 Million minus capex $2.03 Million) represents 0% of total liabilities ($111.19 Million). Also explore Perma-Pipe International Holdings Inc (PPIH) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-4.77 Million
Operating CF − Capex

Total Liabilities

$111.19 Million
USD

Capital Expenditures

$2.03 Million
USD

Perma-Pipe International Holdings Inc Financial Flexibility Index (1992–2026)

Historical Financial Flexibility Index trend for Perma-Pipe International Holdings Inc across 35 annual periods. Check PPIH strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Perma-Pipe International Holdings Inc (1992–2026)

Year-by-year free cash flow to debt coverage for Perma-Pipe International Holdings Inc. For the full company profile including market capitalisation, see PPIH market cap.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.18x $19.61 Million $9.17 Million $111.19 Million ▼ -13.8%
2025 0.20x $16.80 Million $13.93 Million $82.14 Million ▼ -33.7%
2024 0.31x $25.84 Million $14.73 Million $83.73 Million ▲ +250.8%
2023 0.09x $5.73 Million $-1.24 Million $65.18 Million ▲ +2043.9%
2022 0.00x $-312.00K $-2.57 Million $68.94 Million ▼ -111.4%
2021 0.04x $2.13 Million $165.00K $53.38 Million ▼ -62.3%
2020 0.11x $5.99 Million $4.09 Million $56.60 Million ▼ -15.6%
2019 0.13x $6.34 Million $4.98 Million $50.50 Million ▲ +860.0%
2018 0.01x $690.00K $-1.84 Million $52.77 Million ▲ +128.0%
2017 -0.05x $-1.97 Million $-4.23 Million $42.20 Million ▼ -190.8%
2016 0.05x $3.56 Million $-2.90 Million $69.07 Million ▼ -61.1%
2015 0.13x $9.98 Million $4.11 Million $75.27 Million ▲ +25.4%
2014 0.11x $9.16 Million $6.40 Million $86.63 Million ▼ -6.0%
2013 0.11x $10.71 Million $5.35 Million $95.23 Million ▼ -3.5%
2012 0.12x $9.90 Million $-190.00K $84.93 Million ▼ -21.9%
2011 0.15x $12.72 Million $8.69 Million $85.22 Million ▼ -70.3%
2010 0.50x $39.85 Million $34.59 Million $79.39 Million ▲ +260.2%
2009 0.14x $16.30 Million $-2.17 Million $116.97 Million ▲ +808.0%
2008 -0.02x $-1.59 Million $-7.35 Million $80.63 Million ▼ -220.5%
2007 0.02x $1.35 Million $-6.92 Million $82.62 Million ▼ -89.0%
2006 0.15x $8.45 Million $2.13 Million $56.83 Million ▲ +435.6%
2005 0.03x $1.51 Million $-249.00K $54.25 Million ▼ -86.7%
2004 0.21x $10.89 Million $6.79 Million $52.05 Million ▲ +168.9%
2003 0.08x $4.08 Million $2.89 Million $52.36 Million ▼ -64.7%
2002 0.22x $12.02 Million $8.56 Million $54.54 Million ▲ +68.3%
2001 0.13x $8.64 Million $3.10 Million $65.99 Million ▼ -29.5%
2000 0.19x $11.13 Million $6.10 Million $59.95 Million ▼ -6.7%
1999 0.20x $12.30 Million $3.10 Million $61.82 Million ▲ +178.6%
1998 0.07x $4.10 Million $-300.00K $57.40 Million ▼ -59.1%
1997 0.17x $7.40 Million $4.70 Million $42.40 Million ▲ +377.0%
1996 0.04x $1.20 Million $-1.10 Million $32.80 Million ▲ +146.2%
1995 -0.08x $-1.90 Million $-3.70 Million $24.00 Million ▼ -169.1%
1994 0.11x $1.80 Million $1.00 Million $15.70 Million ▼ -85.8%
1993 0.81x $1.70 Million $900.00K $2.10 Million ▲ +163.1%
1992 0.31x $800.00K $800.00K $2.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities