Perma Net Tangible Assets from 2010 to 2024

PPIH Stock  USD 13.31  0.99  6.92%   
Perma Pipe's Net Tangible Assets are decreasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about 47.3 M. Net Tangible Assets is the total assets of Perma Pipe International Holdings minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-07-31
Previous Quarter
54.3 M
Current Value
55.2 M
Quarterly Volatility
10.8 M
 
Yuan Drop
 
Covid
Check Perma Pipe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perma Pipe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.9 M, Interest Expense of 2.6 M or Total Revenue of 148.8 M, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or PTB Ratio of 1.18. Perma financial statements analysis is a perfect complement when working with Perma Pipe Valuation or Volatility modules.
  
Check out the analysis of Perma Pipe Correlation against competitors.

Latest Perma Pipe's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Perma Pipe International Holdings over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Perma Pipe's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perma Pipe's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Perma Net Tangible Assets Regression Statistics

Arithmetic Mean58,546,024
Geometric Mean57,687,002
Coefficient Of Variation18.20
Mean Deviation9,287,984
Median53,882,000
Standard Deviation10,652,587
Sample Variance113.5T
Range29.3M
R-Value(0.76)
Mean Square Error51.2T
R-Squared0.58
Significance0.001
Slope(1,816,081)
Total Sum of Squares1588.7T

Perma Net Tangible Assets History

202447.3 M
202350 M
202255.6 M
202152.1 M
202047 M
201953.4 M
201850.1 M

About Perma Pipe Financial Statements

Investors use fundamental indicators, such as Perma Pipe's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Perma Pipe's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Tangible Assets50 M47.3 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Perma Stock

When determining whether Perma Pipe Internati offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Pipe's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perma Pipe International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Pipe International Holdings Stock:
Check out the analysis of Perma Pipe Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Industrial Machinery & Supplies & Components space 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
2.142
Earnings Share
1.9
Revenue Per Share
19.878
Quarterly Revenue Growth
0.068
Return On Assets
0.0821
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.