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Jet Airways (I) balance sheet is weak and might have solvency issues
The debt of Jet Airways (I) is decreasing.
Latest debt of Jet Airways (I) is ₹3,214 Crs as of Mar-23.
This is less than Mar-20 when it was ₹8,420 Crs.
Yes, profit is increasing.
The profit of Jet Airways (I) is -₹662.61 Crs for TTM, -₹2,841.45 Crs for Mar 2020 and -₹5,535.75 Crs for Mar 2019.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Jet Airways (I) latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets