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MAC Hotels balance sheet is weak and might have solvency issues
The debt of MAC Hotels is decreasing.
Latest debt of MAC Hotels is ₹1.29 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1.55 Crs.
Yes, profit is increasing.
The profit of MAC Hotels is ₹1.5 Crs for TTM, ₹0.32 Crs for Mar 2024 and -₹0.08 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.
MAC Hotels latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable