Primech Holdings (PMEC)

Net assets on the balance sheet as of March 2024 : S$20.43 Million

According to Primech Holdings's latest financial reports the company has S$20.43 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Primech Holdings - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$11.72 M	-22.86%
2022-03-31	$S$15.2 M	-15.03%
2021-03-31	$S$17.89 M	1.59%
2020-03-31	$S$17.61 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Primech Holdings (PMEC) - Net assets