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Mystic Electronics balance sheet is weak and might have solvency issues
Yes, The debt of Mystic Electronics is increasing.
Latest debt of Mystic Electronics is ₹1.16 Crs as of Mar-24.
This is greater than Mar-23 when it was ₹1.15 Crs.
The profit is oscillating.
The profit of Mystic Electronics is -₹3.43 Crs for Mar 2023, ₹0.02 Crs for Mar 2022 and -₹0.72 Crs for Mar 2021
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Mystic Electronics latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets