Primech Holdings Ltd. Ordinary Shares (PMEC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Primech Holdings Ltd. Ordinary Shares (PMEC) has a cash flow conversion efficiency ratio of 0.309x as of March 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.73 Million) by net assets ($8.83 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Primech Holdings Ltd. Ordinary Shares fund operations to measure how many days the company can operate on defensive assets alone.
Primech Holdings Ltd. Ordinary Shares - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how Primech Holdings Ltd. Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Primech Holdings Ltd. Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Primech Holdings Ltd. Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Watos Corea Co. Ltd
KQ:079000
|
0.002x |
|
Canfor Pulp Products Inc.
TO:CFX
|
-0.064x |
|
Blue Star Gold Corp
V:BAU
|
-0.270x |
|
Dragonfly Energy Holdings Corp.
NASDAQ:DFLI
|
-2.247x |
|
Gromutual Bhd
KLSE:9962
|
-0.015x |
|
Avanti Energy Inc
V:AVN
|
-0.006x |
|
Belysse Group N.V.
BR:BELYS
|
0.223x |
|
ARENA.PL S.A. ZY -50
F:8G6
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Primech Holdings Ltd. Ordinary Shares (2020–2025)
The table below shows the annual cash flow conversion efficiency of Primech Holdings Ltd. Ordinary Shares from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Primech Holdings Ltd. Ordinary Shares.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $14.68 Million | $7.38 Million | 0.503x | +183.39% |
| 2024-03-31 | $15.06 Million | $-9.08 Million | -0.603x | -67.33% |
| 2023-03-31 | $8.83 Million | $-3.18 Million | -0.360x | -180.18% |
| 2022-03-31 | $11.24 Million | $5.05 Million | 0.449x | +64.77% |
| 2021-03-31 | $13.28 Million | $3.62 Million | 0.273x | +35.70% |
| 2020-03-31 | $12.37 Million | $2.49 Million | 0.201x | -- |
About Primech Holdings Ltd. Ordinary Shares
Primech Holdings Ltd. provides facilities and stewarding services for the public and private sectors in Singapore. The company offers conservancy areas cleaning services, including daily cleaning of common areas within town councils, monthly block washing, and quarterly fogging of bin chutes; educational institutions cleaning services, such as cleaning of schools; airport cleaning services; clean… Read more