Alerts will be sent to your verified email
Verify EmailASLIND
ASL Industries balance sheet is weak and might have solvency issues
The debt of ASL Industries is decreasing.
Latest debt of ASL Industries is -₹0.01 Crs as of Sep-24.
This is less than Mar-24 when it was ₹0.08 Crs.
The profit is oscillating.
The profit of ASL Industries is ₹0.36 Crs for Mar 2024, ₹1.63 Crs for Mar 2023 and ₹1.51 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
ASL Industries 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 Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances