Cinerad Communicatns balance sheet is weak and might have solvency issues

The debt of Cinerad Communicatns is decreasing.
Latest debt of Cinerad Communicatns is -₹1.49 Crs as of Mar-24.
This is less than Mar-23 when it was -₹0.13 Crs.

No, profit is decreasing.
The profit of Cinerad Communicatns is -₹1 Crs for TTM, -₹0.1 Crs for Mar 2023 and -₹0.08 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.
Cinerad Communicatns 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 Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances