Primech Holdings Ltd (PMEC)
0.76
+0.01
(+1.33%)
USD |
NASDAQ |
Nov 22, 16:00
0.7724
+0.01
(+1.63%)
After-Hours: 20:00
Primech Holdings Debt to Equity Ratio: 1.133 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.133 |
| September 30, 2023 | 2.116 |
| March 31, 2023 | 2.166 |
| September 30, 2022 | 1.855 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.8874 |
| September 30, 2021 | 0.8383 |
| March 31, 2021 | 0.416 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.416
Minimum
Mar 2021
2.166
Maximum
Mar 2023
1.344
Average
1.133
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| Guardforce AI Co Ltd | 0.0079 |
| JE Cleantech Holdings Ltd | 0.5108 |
| Caravelle International Group | -0.6601 |
| ESGL Holdings Ltd | 0.4668 |
| Multi Ways Holdings Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 45.51M |
| Total Liabilities (Quarterly) | 30.45M |
| Shareholders Equity (Quarterly) | 14.99M |
| Current Ratio | 1.378 |
| Net Debt Paydown Yield | -0.52% |