Primech Holdings (PMEC)

Net assets on the balance sheet as of March 2024 : £12.3 Million

According to Primech Holdings's latest financial reports the company has £12.3 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	$£7.13 M	-16.66%
2022-03-31	$£8.55 M	-11.46%
2021-03-31	$£9.66 M	-3.36%
2020-03-31	$£9.99 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