PMEC (Primech Holdings) Current Ratio: 1.32 (As of Sep. 2025) — Near Median

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PMEC Primech Holdings Ltd PMEC
25 GF Score
Price $0.62
! 5 Warning Signs
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What is Primech Holdings Current Ratio?

Primech Holdings PMEC -0.19% 25 Current Ratio is 1.32 as of Sep. 2025, which is 5% below its 10-year median of 1.39. GuruFocus rates PMEC with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 1,092 Business Services companies, Primech Holdings ranks worse than 68.5% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Primech Holdings's current ratio for the quarter that ended in Sep. 2025 was 1.32.

Primech Holdings has a current ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Primech Holdings's Current Ratio or its related term are showing as below:

PMEC' s Current Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.39   Max: 2.14
Current: 1.32

During the past 6 years, Primech Holdings's highest Current Ratio was 2.14. The lowest was 0.85. And the median was 1.39.

PMEC's Current Ratio is ranked worse than
68.5% of 1092 companies
in the Business Services industry
Industry Median: 1.815 vs PMEC: 1.32

Primech Holdings  (NAS:PMEC) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Primech Holdings Current Ratio Related Terms


Primech Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Primech Holdings's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Primech Holdings Current Ratio Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial 2.14 1.51 1.12 1.38 1.39

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 1.38 1.42 1.39 1.32

PMEC vs WBQNL, SFRX, KUBR: Current Ratio Comparison

For the Specialty Business Services subindustry, Primech Holdings's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Primech Holdings Current Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Primech Holdings's Current Ratio falls into.


PMEC
25GF Score
Primech Holdings Ltd PMEC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Primech Holdings Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Primech Holdings's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=29.007/20.867
=1.39

Primech Holdings's Current Ratio for the quarter that ended in Sep. 2025 is calculated as

Current Ratio (Q: Sep. 2025 )=Total Current Assets (Q: Sep. 2025 )/Total Current Liabilities (Q: Sep. 2025 )
=29.999/22.733
=1.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.32 mean?
Primech Holdings (PMEC) has a Current Ratio of 1.32 as of Sep. 2025. This is near median its historical median of 1.39. Over the past decade, Primech Holdings' Current Ratio has ranged from 0.85 to 2.14. According to the industry distribution chart, Primech Holdings ranks #748 out of 1092 companies in the Business Services industry, placing it in the top 68.5%.
Is Primech Holdings' Current Ratio too high?
Primech Holdings' current Current Ratio of 1.32 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.14. The Business Services industry median Current Ratio is 1.82. Primech Holdings' value of 1.32 is 27.3% below this industry median. Based on the distribution chart, Primech Holdings ranks #748 out of 1092 companies in the Business Services industry, which is below the industry midpoint. Overall, Primech Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Primech Holdings' Current Ratio compare to WBQNL and SFRX?
According to the Business Services industry distribution chart, Primech Holdings ranks #748 out of 1092 companies for Current Ratio. This places Primech Holdings in the lower half of its industry. The industry median Current Ratio is 1.82. Primech Holdings' value of 1.32 is 27.3% below this benchmark. Historically, Primech Holdings' own Current Ratio has ranged from 0.85 to 2.14 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.82, Primech Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Business Services company?
The median Current Ratio among Business Services companies is 1.82, based on 1,092 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primech Holdings's current Current Ratio of 1.32 is 27.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median Current Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primech Holdings's current Current Ratio is 1.32, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primech Holdings stock overvalued right now?
Primech Holdings (PMEC) has a current Current Ratio of 1.32. The current Current Ratio is 1.32, which is near median its 10-year median of 1.39 and 27.3% below the Business Services industry median of 1.82. Primech Holdings' overall GF Score™ is 25/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Primech Holdings (PMEC), the current Current Ratio is 1.32 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primech Holdings Business Description

Address 23 Ubi Crescent, Singapore, SGP, 408579
Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.
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$0.62
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