Primech Holdings (PMEC) Balance Sheet: Assets & Liabilities

Primech Holdings (PMEC) Balance Sheet

As of Mar 31, 2026 (end of fiscal 2026), Primech Holdings reported total assets of $42.53M and total liabilities of $30.00M. Shareholders' equity was $12.54M, down 14.6% from $14.68M a year earlier. Total debt stood at $17.73M against $9.59M in cash and short-term investments, a net debt position of $8.14M. That puts debt-to-equity at 1.41, compared with 0.87 a year earlier.

Primech Holdings Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Primech Holdings Ltd. (PMEC) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Current Assets
Cash and Cash Equivalents	8.92	10.15	9.07	9.07	5.14	6.82	2.97
Short-Term Investments	0.67	0.89	0.00	0.54	-	0.00	0.00
Cash & Short-Term Investments	9.59	11.03	9.07	9.61	5.14	6.82	2.97
Accounts Receivable	19.75	15.63	17.05	15.36	11.13	12.21	14.37
Inventory	0.00	0.04	0.14	0.14	0.14	0.43	0.00
Other Current Assets	1.98	1.70	1.18	1.18	1.31	1.91	0.74
Total Current Assets	30.94	29.01	27.44	27.44	18.79	22.05	18.08
Non-Current Assets
Property, Plant & Equipment (Net)	11.19	11.80	14.05	14.05	12.43	4.31	2.84
Long-Term Investments	0.00	0.00	-0.01	-0.01	-	-0.02	0.42
Goodwill	0.40	0.39	0.69	0.69	0.81	0.53	0.37
Intangible Assets	0.00	0.00	0.09	0.09	0.39	0.77	1.13
Other Non-Current Assets	0.00	0.00	0.55	0.55	0.78	1.29	0.00
Total Non-Current Assets	11.59	12.19	15.39	15.39	14.41	6.90	4.77
Total Assets	42.53	41.20	42.82	42.82	33.20	28.95	22.85
Current Liabilities
Accounts Payable	10.80	10.33	10.90	10.90	8.69	5.41	4.67
Short-Term Debt	11.57	8.48	13.62	11.91	2.47	1.81	4.13
Current Portion of Long-Term Debt	10.15	8.48	11.28	11.91	2.47	1.81	-
Deferred Revenue	0.00	0.00	0.00	0.00	-	0.44	0.00
Other Current Liabilities	0.40	0.46	0.00	0.79	0.55	2.25	0.35
Total Current Liabilities	22.78	20.87	24.52	24.52	12.43	10.29	9.23
Non-Current Liabilities
Long-Term Debt	6.16	4.33	8.74	7.11	7.45	3.71	0.71
Deferred Tax Liabilities	0.24	0.26	0.73	0.73	0.71	0.66	0.54
Other Non-Current Liabilities	0.24	0.26	0.00	0.73	0.71	0.66	0.00
Total Non-Current Liabilities	7.21	5.65	9.47	9.47	9.53	5.37	1.25
Total Liabilities	30.00	26.52	33.99	33.99	21.96	15.66	10.48
Stockholders' Equity
Common Stock	23.96	23.96	12.72	12.72	12.72	12.72	10.09
Retained Earnings	-13.43	-10.99	-5.81	-5.81	-3.28	-1.23	1.37
Accumulated Other Comprehensive Income	1.79	1.00	0.92	0.95	0.81	0.87	-0.02
Additional Paid-in Capital	0.92	0.92	0.92	0.92	0.92	0.92	0.92
Minority Interest	-0.74	-0.21	0.05	0.05	0.07	0.00	0.00
Shares Outstanding	38.42	38.42	35.55	35.55	35.55	-	-
Total Stockholders' Equity	12.54	14.68	8.78	8.83	11.17	13.28	12.37
Total Liabilities & Equity	42.53	41.20	45.51	42.82	33.20	28.95	22.85

Source: Company financial statements from annual and quarterly filings. Data as of Mar 31, 2026. Data sources and methodology

Frequently Asked Questions About Primech Holdings Balance Sheet

How much debt does Primech Holdings have?

Primech Holdings had total debt of $17.73M as of Mar 31, 2026, against $9.59M in cash and short-term investments. Its debt-to-equity ratio was 1.41. Total debt was $12.81M a year earlier.

What are Primech Holdings's total assets?

Primech Holdings reported total assets of $42.53M as of Mar 31, 2026, up 3.2% from $41.20M a year earlier. Total liabilities were $30.00M.

What is Primech Holdings's shareholders' equity?

Primech Holdings's shareholders' equity was $12.54M as of Mar 31, 2026, or about $0.33 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition