Perma Total Revenue vs Cost Of Revenue Analysis

PPIH Stock  USD 15.34  0.15  0.97%   
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 Total Revenue and its Cost Of Revenue 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Total Revenue vs Cost Of Revenue

Total Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perma Pipe Internati Total Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Perma Pipe's Total Revenue and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Cost Of Revenue 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 Total Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Perma Pipe International Holdings are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Revenue i.e., Perma Pipe's Total Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Perma Pipe Internati generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Perma Pipe Internati income statement and represents the costs associated with goods and services Perma Pipe provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 closely tied 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

0.880.940.860.630.60.40.910.380.70.670.710.370.670.970.960.660.780.620.780.660.49-0.70.370.680.56
0.880.840.570.30.580.580.640.60.730.60.460.310.60.830.950.480.50.840.630.280.68-0.60.290.370.25
0.940.840.790.390.650.540.840.520.680.710.570.220.710.830.910.660.580.670.580.450.57-0.60.240.670.5
0.860.570.790.720.30.20.960.130.530.740.660.320.730.840.70.570.810.210.740.780.28-0.60.320.780.55
0.630.30.390.720.13-0.290.71-0.330.410.370.660.580.360.740.50.340.95-0.070.760.940.01-0.610.580.50.6
0.60.580.650.30.130.310.510.330.24-0.050.6-0.02-0.050.520.60.780.240.630.280.230.24-0.180.10.510.46
0.40.580.540.2-0.290.310.230.990.260.440.05-0.190.440.30.490.290.020.7-0.11-0.170.66-0.37-0.320.19-0.18
0.910.640.840.960.710.510.230.190.450.60.810.240.60.90.760.760.810.360.750.810.26-0.60.270.850.68
0.380.60.520.13-0.330.330.990.190.240.40.03-0.220.390.270.480.29-0.020.77-0.12-0.220.65-0.35-0.330.12-0.18
0.70.730.680.530.410.240.260.450.240.730.10.680.720.640.81-0.010.510.450.610.250.63-0.580.590.110.13
0.670.60.710.740.37-0.050.440.60.40.730.120.380.990.590.650.090.530.340.470.330.6-0.650.280.340.18
0.710.460.570.660.660.60.050.810.030.10.120.060.130.780.560.860.70.240.620.8-0.02-0.350.160.850.65
0.370.310.220.320.58-0.02-0.190.24-0.220.680.380.060.320.420.43-0.190.570.020.530.380.28-0.570.91-0.060.06
0.670.60.710.730.36-0.050.440.60.390.720.990.130.320.590.650.090.510.330.480.320.59-0.630.240.350.2
0.970.830.830.840.740.520.30.90.270.640.590.780.420.590.920.640.870.530.840.770.39-0.720.410.650.56
0.960.950.910.70.50.60.490.760.480.810.650.560.430.650.920.520.680.740.720.480.6-0.70.410.480.41
0.660.480.660.570.340.780.290.760.29-0.010.090.86-0.190.090.640.520.450.480.40.550.01-0.28-0.070.810.66
0.780.50.580.810.950.240.020.81-0.020.510.530.70.570.510.870.680.450.160.750.930.23-0.770.520.580.56
0.620.840.670.21-0.070.630.70.360.770.450.340.240.020.330.530.740.480.160.26-0.040.54-0.410.00.140.17
0.780.630.580.740.760.28-0.110.75-0.120.610.470.620.530.480.840.720.40.750.260.720.08-0.490.580.440.56
0.660.280.450.780.940.23-0.170.81-0.220.250.330.80.380.320.770.480.550.93-0.040.72-0.11-0.550.380.690.68
0.490.680.570.280.010.240.660.260.650.630.6-0.020.280.590.390.60.010.230.540.08-0.11-0.560.180.1-0.2
-0.7-0.6-0.6-0.6-0.61-0.18-0.37-0.6-0.35-0.58-0.65-0.35-0.57-0.63-0.72-0.7-0.28-0.77-0.41-0.49-0.55-0.56-0.46-0.33-0.38
0.370.290.240.320.580.1-0.320.27-0.330.590.280.160.910.240.410.41-0.070.520.00.580.380.18-0.46-0.020.21
0.680.370.670.780.50.510.190.850.120.110.340.85-0.060.350.650.480.810.580.140.440.690.1-0.33-0.020.58
0.560.250.50.550.60.46-0.180.68-0.180.130.180.650.060.20.560.410.660.560.170.560.68-0.2-0.380.210.58
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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 Debt15.6M20.4M26.3M23.6M26.9M23.6M
Retained Earnings(715K)(8.4M)(2.3M)1.6M12.1M7.9M
Cash13.4M7.2M8.2M5.8M5.8M5.1M
Non Current Assets Total48.0M48.8M45.0M37.3M56.9M43.3M
Cash And Short Term Investments13.4M7.2M8.2M5.8M5.8M5.2M
Net Receivables31.6M29.5M49.4M56.8M66.3M33.4M
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 Assets3.5M5.1M7.0M8.4M11.1M11.6M
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 Other3.2M2.7M1.6M440K2.7M4.2M
Short Long Term Debt Total29.0M27.6M34.5M29.4M32.8M31.4M
Other Current Liab8.8M8.6M13.9M11.7M16.2M11.4M
Accounts Payable9.6M10.4M13.6M14.8M25.3M14.3M
Non Current Liabilities Total23.8M25.1M30.5M21.4M26.0M28.1M
Short Term Debt11.1M8.2M8.9M11.4M10.5M7.3M
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 Revenue3.4M2.9M4.3M3.7M3.4M4.6M
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

Currently Active Assets on Macroaxis

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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.