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Cinevista balance sheet is weak and might have solvency issues
Yes, The debt of Cinevista is increasing.
Latest debt of Cinevista is ₹27.38 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹20.77 Crs.
The profit is oscillating.
The profit of Cinevista is -₹7.73 Crs for TTM, -₹7.5 Crs for Mar 2024 and -₹27.98 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.
Cinevista latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress