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Balance sheet of ModernThreads is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of ModernThreads is increasing.
Latest debt of ModernThreads is -₹0.87 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹18.55 Crs.
No, profit is decreasing.
The profit of ModernThreads is ₹5.12 Crs for TTM, ₹25.43 Crs for Mar 2024 and ₹214 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.
ModernThreads 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