Primech Holdings Ltd. Ordinary Shares
Balance Sheet
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The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Primech Holdings Ltd. Ordinary Shares's balance sheet done over the years? Its assets were worth $45,509,000 last year, which is more than in the previous period. 67% of Primech Holdings Ltd. Ordinary Shares’s total assets is currently financed by debt. Its liabilities reached the amount of $30,450,000, which means an increase by 39% compared compared to last year.
Debt to Assets
| 2020 | 22850482 | 10.47M | 45.86% |
|---|---|---|---|
| 2021 | 28948129 | 15.66M | 54.11% |
| 2022 | 33197910 | 21.95M | 66.14% |
| 2024 | 45509000 | 30.45M | 66.91% |
PMEC Balance Sheet (2019 – 2023)
| 2023 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 7.64M | 5.14M | 6.81M | 2.97M |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 19.82M | 10.97M | 13.32M | 14.36M |
Inventory | 55K | 144.17K | 427.64K | 0 |
Other current assets | 3.81M | 2.52M | 1.47M | 742.03K |
Total current assets | 31.33M | 18.78M | 22.04M | 18.08M |
Non-current assets: | ||||
Property, Plant and Equipment | 13.48M | 12.43M | 4.30M | 2.84M |
Goodwill | 667K | 813.02K | 531.46K | 369.29K |
Intangible assets | 21K | 385.74K | 768.83K | 1.13M |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 781.33K | 1.29M | 422.66K |
Total non-current assets | 14.17M | 14.41M | 6.90M | 4.76M |
Total assets | 45.50M | 33.19M | 28.94M | 22.85M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 0 | 437.92K | 0 |
Short term debt | 13.33M | 3.19M | 2.62M | 4.12M |
Total current liabilities | 22.74M | 12.43M | 10.29M | 9.23M |
| Non-current liabilities: | ||||
Long term debt | 7.45M | 8.81M | 4.71M | 707.25K |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 |
Total non-current liabilities | 7.70M | 9.52M | 5.37M | 1.24M |
Total liabilities | 30.45M | 21.95M | 15.66M | 10.47M |
| Data source |