Perma Treasury Stock vs Net Tangible Assets Analysis

PPIH Stock  USD 8.86  0.10  1.12%   
Perma Pipe financial indicator trend analysis is much more than just breaking down Perma Pipe Internati prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perma Pipe Internati is a good investment. Please check the relationship between Perma Pipe Treasury Stock and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Pipe International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Treasury Stock vs Net Tangible Assets

Treasury Stock vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perma Pipe Internati Treasury Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Perma Pipe's Treasury Stock and Net Tangible Assets is 0.46. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Perma Pipe International Holdings, assuming nothing else is changed. The correlation between historical values of Perma Pipe's Treasury Stock and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Perma Pipe International Holdings are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Treasury Stock i.e., Perma Pipe's Treasury Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Treasury Stock

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Perma Pipe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perma Pipe Internati current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Pipe International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
The Perma Pipe's current Discontinued Operations is estimated to increase to about 650.2 K, while Selling General Administrative is projected to decrease to under 20.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit32.5M38.3M41.5M31.2M
Total Revenue138.6M142.6M150.7M148.8M

Perma Pipe fundamental ratios Correlations

0.880.940.860.620.60.430.910.410.70.670.710.380.670.970.960.610.780.640.780.660.49-0.720.370.680.56
0.880.840.570.290.580.620.640.640.730.60.460.350.60.830.950.430.50.870.630.280.68-0.680.290.370.25
0.940.840.790.390.650.560.840.530.680.710.570.270.710.830.910.630.580.680.580.450.57-0.70.240.670.5
0.860.570.790.720.30.220.960.150.530.740.660.330.730.840.70.530.810.220.740.780.28-0.50.320.780.55
0.620.290.390.720.13-0.270.71-0.320.390.370.660.430.360.740.490.260.95-0.050.740.940.0-0.270.560.510.6
0.60.580.650.30.130.330.510.350.24-0.050.60.14-0.050.520.60.720.240.650.280.230.24-0.750.10.510.46
0.430.620.560.22-0.270.330.250.990.320.460.04-0.090.460.320.520.330.040.67-0.06-0.160.68-0.47-0.280.18-0.17
0.910.640.840.960.710.510.250.20.450.60.810.290.60.90.760.710.810.360.750.810.26-0.690.270.850.68
0.410.640.530.15-0.320.350.990.20.280.410.02-0.120.40.30.510.33-0.010.73-0.08-0.220.66-0.48-0.290.11-0.17
0.70.730.680.530.390.240.320.450.280.720.10.530.720.640.81-0.070.510.540.610.250.63-0.170.590.110.13
0.670.60.710.740.37-0.050.460.60.410.720.120.260.990.590.650.10.530.340.470.330.6-0.170.280.340.18
0.710.460.570.660.660.60.040.810.020.10.120.190.130.780.560.80.70.230.620.8-0.02-0.760.160.850.65
0.380.350.270.330.430.14-0.090.29-0.120.530.260.190.230.40.41-0.220.450.170.530.30.280.130.910.070.08
0.670.60.710.730.36-0.050.460.60.40.720.990.130.230.590.650.130.510.330.480.320.59-0.220.240.350.2
0.970.830.830.840.740.520.320.90.30.640.590.780.40.590.920.570.870.560.840.770.39-0.70.410.650.56
0.960.950.910.70.490.60.520.760.510.810.650.560.410.650.920.470.680.770.720.480.6-0.660.410.480.41
0.610.430.630.530.260.720.330.710.33-0.070.10.8-0.220.130.570.470.360.40.30.480.01-0.91-0.280.810.62
0.780.50.580.810.950.240.040.81-0.010.510.530.70.450.510.870.680.360.170.750.930.23-0.410.520.580.56
0.640.870.680.22-0.050.650.670.360.730.540.340.230.170.330.560.770.40.170.35-0.050.55-0.610.130.090.18
0.780.630.580.740.740.28-0.060.75-0.080.610.470.620.530.480.840.720.30.750.350.720.08-0.390.580.440.56
0.660.280.450.780.940.23-0.160.81-0.220.250.330.80.30.320.770.480.480.93-0.050.72-0.11-0.410.380.690.68
0.490.680.570.280.00.240.680.260.660.630.6-0.020.280.590.390.60.010.230.550.08-0.11-0.270.180.1-0.2
-0.72-0.68-0.7-0.5-0.27-0.75-0.47-0.69-0.48-0.17-0.17-0.760.13-0.22-0.7-0.66-0.91-0.41-0.61-0.39-0.41-0.270.21-0.68-0.48
0.370.290.240.320.560.1-0.280.27-0.290.590.280.160.910.240.410.41-0.280.520.130.580.380.180.21-0.020.21
0.680.370.670.780.510.510.180.850.110.110.340.850.070.350.650.480.810.580.090.440.690.1-0.68-0.020.58
0.560.250.50.550.60.46-0.170.68-0.170.130.180.650.080.20.560.410.620.560.180.560.68-0.2-0.480.210.58
Click cells to compare fundamentals

Perma Pipe Account Relationship Matchups

Perma Pipe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.2M102.7M123.4M123.0M155.7M110.6M
Total Current Liabilities32.8M28.3M38.4M43.8M57.7M35.2M
Total Stockholder Equity55.6M49.3M54.5M57.8M65.7M48.7M
Property Plant And Equipment Net40.1M40.3M36.0M31.0M44.1M31.4M
Net Debt15.6M20.4M26.3M23.6M25.6M23.6M
Retained Earnings(715K)(8.4M)(2.3M)1.6M12.1M7.9M
Cash13.4M7.2M8.2M5.8M7.2M5.2M
Non Current Assets Total48.0M48.8M45.0M37.3M56.9M43.3M
Cash And Short Term Investments13.4M7.2M8.2M5.8M7.2M5.3M
Net Receivables31.6M29.2M49.4M56.8M66.3M33.4M
Common Stock Shares Outstanding8.3M8.1M8.4M8.1M8.1M6.4M
Liabilities And Stockholders Equity112.2M102.7M123.4M123.0M155.7M110.6M
Inventory14.5M12.2M13.8M14.7M15.5M23.0M
Other Current Assets3.5M4.1M(1K)7.4M9.7M10.2M
Other Stockholder Equity60.0M60.9M59.8M62.5M59.1M39.8M
Total Liab56.6M53.4M68.9M65.2M83.7M61.8M
Total Current Assets64.3M53.9M78.4M85.7M98.8M67.4M
Non Currrent Assets Other3.2M2.7M1.6M440K965K916.8K
Short Long Term Debt Total29.0M27.6M34.5M29.4M32.8M31.4M
Other Current Liab8.8M6.9M11.6M13.8M21.4M11.5M
Accounts Payable9.6M10.4M13.6M14.8M25.3M14.3M
Non Current Liabilities Total23.8M25.1M30.5M21.4M26.0M28.1M
Short Term Debt11.1M8.2M8.9M11.5M10.5M7.3M
Property Plant And Equipment Gross40.1M40.3M36.0M87.5M94.0M98.7M
Accumulated Other Comprehensive Income(3.8M)(3.3M)(3.1M)(6.4M)(5.6M)(5.3M)
Other Liab5.8M5.7M4.9M3.5M4.1M5.6M
Other Assets6.6M5.6M6.2M6.7M7.7M6.8M
Long Term Debt6.7M6.3M5.1M4.4M4.2M4.0M
Good Will2.3M2.3M2.3M2.2M2.2M2.6M
Common Stock Total Equity77K79K80K82K92K72.9K
Common Stock77K79K80K82K92K73.5K
Property Plant Equipment28.6M26.9M24.8M26.5M23.9M27.3M
Current Deferred Revenue3.4M2.9M4.3M3.7M495K470.3K
Net Tangible Assets53.4M47.0M52.1M55.6M50.0M47.3M
Retained Earnings Total Equity(715K)(8.4M)(2.3M)1.6M1.5M1.4M
Long Term Debt Total6.7M6.3M5.1M4.4M4.0M3.8M
Capital Surpluse60.0M60.9M61.8M62.6M71.9M61.6M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Perma Pipe Internati using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perma Pipe International Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Perma Stock analysis

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.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
CEOs Directory
Screen CEOs from public companies around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
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.