Primech Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Primech Holdings has a total shareholder equity of $8.8M and total debt of $18.4M, which brings its debt-to-equity ratio to 210.2%. Its total assets and total liabilities are $39.3M and $30.5M respectively.
Key information
210.2%
Debt to equity ratio
US$18.45m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.68m |
| Equity | US$8.78m |
| Total liabilities | US$30.50m |
| Total assets | US$39.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMEC's short term assets ($25.0M) exceed its short term liabilities ($22.6M).
Long Term Liabilities: PMEC's short term assets ($25.0M) exceed its long term liabilities ($8.0M).
Debt to Equity History and Analysis
Debt Level: PMEC's net debt to equity ratio (111.2%) is considered high.
Reducing Debt: Insufficient data to determine if PMEC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if PMEC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PMEC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.