Primech Holdings (PMEC)

Net assets on the balance sheet as of March 2024 : NZ$26.18 Million

According to Primech Holdings's latest financial reports the company has NZ$26.18 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	$NZ$14.08 M	-12.64%
2022-03-31	$NZ$16.12 M	-15.11%
2021-03-31	$NZ$18.99 M	-7.71%
2020-03-31	$NZ$20.58 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