Alerts will be sent to your verified email
Verify EmailAHLEAST
Asian Hotels (East) balance sheet is weak and might have solvency issues
Yes, The debt of Asian Hotels (East) is increasing.
Latest debt of Asian Hotels (East) is ₹318 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹81.76 Crs.
The profit is oscillating.
The profit of Asian Hotels (East) is ₹28.49 Crs for TTM, ₹31.71 Crs for Mar 2024 and ₹24.53 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Asian Hotels (East) latest dividend payout ratio is 13.63% and 3yr average dividend payout ratio is 15.63%
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances