Perma-Pipe International Holdings, Inc.PPIHNASDAQ
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Current Ratio Over Time
Trending higher, modest growth trend.
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Current ratio (current assets / current liabilities)
Latest
2.01
Near historical average
Average (9y)
1.85
Historical baseline
Range
High:2.07
Low:1.51
CAGR
+3.2%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2025 | 2.01 | +17.6% |
| 2024 | 1.71 | -12.5% |
| 2023 | 1.96 | -4.2% |
| 2022 | 2.04 | +7.1% |
| 2021 | 1.91 | -2.5% |
| 2020 | 1.96 | +15.3% |
| 2019 | 1.70 | +6.7% |
| 2018 | 1.59 | -23.0% |
| 2017 | 2.07 | +36.4% |
| 2016 | 1.51 | - |