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Team TISI Payment-in-kind interest

Payment-in-kind interest at other companies

Perma-Pipe International Holdings logo
Perma-Pipe International HoldingsPPIH

Other financials

Income statement

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Revenue$215.1M+8.3%
Gross profit$53.1M+12.4%
Operating income-$3.4M+43.8%
Net income-$11.3M+61.9%
EPS (diluted)-$3.12+52.8%

Balance sheet

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Cash & equivalents$12.8M-23.6%
Total debt$369.9M-9.3%
Total equity-$39.4M-51.8%
Total assets$479.4M-6.9%

Cash flow

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Operating cash flow-$9.1M+68.3%
CapEx$2.4M+72.4%
Free cash flow-$11.5M+61.7%

Valuation

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Market cap$78.99M-0.6%
Enterprise value$436.07M-10.3%
P/S0.1×0.0×

Profitability

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Gross margin26%0.0pp
Operating margin1.8%+0.6pp
Net margin-3.4%-1.0pp
FCF margin-1.5%

Returns & leverage

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Return on equity-161.7%+470pp
Debt / equity218.7×+211×
Current ratio2.2×+0.3×

Where this comes from

Reported directly by Team in its filing.

Tagged under the XBRL concept us-gaap:PaidInKindInterest.

The official record: Team’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Team's payment-in-kind interest?
Team (TISI) reported payment-in-kind interest of $2.12M in Q1 2026.
How has Team's payment-in-kind interest changed year-over-year?
Team's payment-in-kind interest decreased by 35.0% year-over-year, from $3.26M to $2.12M.
What is the long-term trend for Team's payment-in-kind interest?
Over 3 years (2022 to 2025), Team's payment-in-kind interest has grown at a -16.4% compound annual growth rate (CAGR), from $18.23M to $10.65M.
What does payment-in-kind interest mean?
This represents interest expense that is settled by increasing the principal amount of the debt rather than through cash payments. It reflects a company's strategy to preserve cash liquidity by deferring interest obligations to a future date. High levels of PIK interest often indicate significant leverage and potential future debt service burdens.