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PMEC (Primech Holdings) Net Debt Paydown Yield % : -2.41% (As of Dec. 15, 2024)


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What is Primech Holdings Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Primech Holdings's Net Debt Paydown Yield % was -2.41%.


Primech Holdings Net Debt Paydown Yield % Historical Data

The historical data trend for Primech Holdings's Net Debt Paydown Yield % 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.

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Primech Holdings Net Debt Paydown Yield % Chart

Primech Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net Debt Paydown Yield %
- - - - -1.56

Primech Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only - - - - -1.56

Competitive Comparison of Primech Holdings's Net Debt Paydown Yield %

For the Specialty Business Services subindustry, Primech Holdings's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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's Net Debt Paydown Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Primech Holdings's Net Debt Paydown Yield % falls into.



Primech Holdings Net Debt Paydown Yield % Calculation

Primech Holdings's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 20.38-21.1 )/45.8595
=-1.56 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Primech Holdings  (NAS:PMEC) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Primech Holdings Net Debt Paydown Yield % Related Terms

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Primech Holdings Business Description

Traded in Other Exchanges
N/A
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.