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Forbes & Company balance sheet is weak and might have solvency issues
The debt of Forbes & Company is decreasing.
Latest debt of Forbes & Company is -₹22.47 Crs as of Sep-24.
This is less than Mar-24 when it was -₹3.12 Crs.
The profit is oscillating.
The profit of Forbes & Company is ₹24.59 Crs for TTM, -₹4.46 Crs for Mar 2024 and ₹192 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.
Forbes & Company latest dividend payout ratio is 43.68% and 3yr average dividend payout ratio is 43.68%
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