Perma Pipe International Holdings Stock Cash And Equivalents
| PPIH Stock | USD 8.85 0.05 0.57% |
Perma Pipe International Holdings fundamentals help investors to digest information that contributes to Perma Pipe's financial success or failures. It also enables traders to predict the movement of Perma Stock. The fundamental analysis module provides a way to measure Perma Pipe's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Perma Pipe stock.
Perma | Cash And Equivalents |
Perma Pipe International Holdings Company Cash And Equivalents Analysis
Perma Pipe's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Perma Pipe Cash And Equivalents | 6.19 M |
Most of Perma Pipe's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Perma Pipe International Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Perma Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Perma Pipe is extremely important. It helps to project a fair market value of Perma Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Perma Pipe's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Perma Pipe's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Perma Pipe's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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Perma Cash And Cash Equivalents Changes
Cash And Cash Equivalents Changes |
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In accordance with the recently published financial statements, Perma Pipe International Holdings has 6.19 M in Cash And Equivalents. This is 98.42% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 99.77% higher than that of the company.
Perma Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Perma Pipe's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Perma Pipe could also be used in its relative valuation, which is a method of valuing Perma Pipe by comparing valuation metrics of similar companies.Perma Pipe is currently under evaluation in cash and equivalents category among related companies.
Perma Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0599 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 103.76 M | ||||
| Shares Outstanding | 7.9 M | ||||
| Shares Owned By Insiders | 5.47 % | ||||
| Shares Owned By Institutions | 29.88 % | ||||
| Number Of Shares Shorted | 8.7 K | ||||
| Price To Earning | 13.65 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 150.67 M | ||||
| Gross Profit | 32.53 M | ||||
| EBITDA | 17.11 M | ||||
| Net Income | 10.47 M | ||||
| Cash And Equivalents | 6.19 M | ||||
| Cash Per Share | 0.77 X | ||||
| Total Debt | 32.79 M | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 1.82 X | ||||
| Book Value Per Share | 8.20 X | ||||
| Cash Flow From Operations | 14.73 M | ||||
| Short Ratio | 1.67 X | ||||
| Earnings Per Share | 1.30 X | ||||
| Target Price | 32.0 | ||||
| Beta | 0.29 | ||||
| Market Capitalization | 71.06 M | ||||
| Total Asset | 155.71 M | ||||
| Retained Earnings | 12.09 M | ||||
| Working Capital | 41.08 M | ||||
| Net Asset | 155.71 M |
About Perma Pipe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Perma Pipe International Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perma Pipe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perma Pipe International Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Perma Pipe in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Perma Pipe's short interest history, or implied volatility extrapolated from Perma Pipe options trading.
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Check out Perma Pipe Piotroski F Score and Perma Pipe Altman Z Score analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Perma Pipe's price analysis, check to measure Perma Pipe's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perma Pipe is operating at the current time. Most of Perma Pipe's value examination focuses on studying past and present price action to predict the probability of Perma Pipe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perma Pipe's price. Additionally, you may evaluate how the addition of Perma Pipe to your portfolios can decrease your overall portfolio volatility.
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Is Perma Pipe's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perma Pipe. If investors know Perma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perma Pipe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.769 | Earnings Share 1.3 | Revenue Per Share 18.888 | Quarterly Revenue Growth 0.103 | Return On Assets 0.0599 |
The market value of Perma Pipe Internati is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Pipe's value that differs from its market value or its book value, called intrinsic value, which is Perma Pipe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perma Pipe's market value can be influenced by many factors that don't directly affect Perma Pipe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perma Pipe's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Pipe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Pipe's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.