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Galaxy Cloud Kitchen balance sheet is weak and might have solvency issues
Yes, The debt of Galaxy Cloud Kitchen is increasing.
Latest debt of Galaxy Cloud Kitchen is ₹16.85 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹7.33 Crs.
The profit is oscillating.
The profit of Galaxy Cloud Kitchen is -₹4.06 Crs for TTM, -₹14.23 Crs for Mar 2024 and -₹9 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.
Galaxy Cloud Kitchen latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets