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Miven Machine Tools balance sheet is weak and might have solvency issues
Yes, The debt of Miven Machine Tools is increasing.
Latest debt of Miven Machine Tools is ₹2.75 Crs as of Dec-24.
This is greater than Mar-24 when it was ₹2.2 Crs.
The profit is oscillating.
The profit of Miven Machine Tools is -₹0.28 Crs for Mar 2024, ₹7.38 Crs for Mar 2023 and -₹1.49 Crs for Mar 2022
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Miven Machine Tools latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets