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Asian Tea & Exports balance sheet is weak and might have solvency issues
Yes, The debt of Asian Tea & Exports is increasing.
Latest debt of Asian Tea & Exports is ₹23.82 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹23.61 Crs.
The profit is oscillating.
The profit of Asian Tea & Exports is ₹0.57 Crs for TTM, ₹0.1 Crs for Mar 2024 and ₹1.42 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 Tea & Exports latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable