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Balance sheet of Nicco Parks & Resort is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Nicco Parks & Resort is increasing.
Latest debt of Nicco Parks & Resort is -₹28.77 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹80.55 Crs.
The profit is oscillating.
The profit of Nicco Parks & Resort is ₹18.44 Crs for TTM, ₹24.76 Crs for Mar 2024 and ₹22.54 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.
Nicco Parks & Resort latest dividend payout ratio is 28.36% and 3yr average dividend payout ratio is 31.31%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments