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Corporate Courier balance sheet is weak and might have solvency issues
The debt of Corporate Courier is decreasing.
Latest debt of Corporate Courier is ₹0.29 Crs as of Dec-22.
This is less than Mar-22 when it was ₹0.3 Crs.
The profit is oscillating.
The profit of Corporate Courier is -₹0.05 Crs for Mar 2022, ₹0.27 Crs for Mar 2021 and ₹0 Crs for Mar 2020
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Corporate Courier latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances