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Vodafone Idea balance sheet is weak and might have solvency issues
The debt of Vodafone Idea is decreasing.
Latest debt of Vodafone Idea is ₹2,01,701 Crs as of Sep-24.
This is less than Mar-24 when it was ₹2,06,579 Crs.
The profit is oscillating.
The profit of Vodafone Idea is -₹28,264.6 Crs for TTM, -₹31,238.4 Crs for Mar 2024 and -₹29,301.1 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.
Vodafone Idea latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets