Perma-Pipe International Holdings (FRA:MF3) LT-Debt-to-Total-Asset : 0.14 (As of Oct. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Perma-Pipe International Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Perma-Pipe International Holdings's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.14.

Perma-Pipe International Holdings's long-term debt to total assets ratio declined from Oct. 2023 (0.15) to Oct. 2024 (0.14). It may suggest that Perma-Pipe International Holdings is progressively becoming less dependent on debt to grow their business.

Perma-Pipe International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Perma-Pipe International Holdings's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perma-Pipe International Holdings LT-Debt-to-Total-Asset Chart

Perma-Pipe International Holdings Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.19

0.21

0.15

0.14

Perma-Pipe International Holdings Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.14	0.14	0.14	0.14

Perma-Pipe International Holdings LT-Debt-to-Total-Asset Calculation

Perma-Pipe International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	20.459	/	142.943
	=	0.14

Perma-Pipe International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	20.742	/	147.568
	=	0.14

Perma-Pipe International Holdings (FRA:MF3) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Perma-Pipe International Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Perma-Pipe International Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Perma-Pipe International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Perma-Pipe International Holdings Inc (FRA:MF3) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PPIH:USA MF3:Germany

Address

24900 Pitkin Road, Suite 309, Spring, TX, USA, 77386

Website

https://www.permapipe.com

Perma-Pipe International Holdings Inc is engaged in the manufacture and sale of products in the reportable segment of Piping Systems. The company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations, primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products, and the coating and insulation of oil and gas gathering and transmission pipelines. It operates in the United States, Canada, Middle East, Europe, India and other countries.

Perma-Pipe International Holdings Headlines

No Headlines