Alerts will be sent to your verified email
Verify EmailRIDINGS
Ridings Cons. Engg. balance sheet is weak and might have solvency issues
Yes, The debt of Ridings Cons. Engg. is increasing.
Latest debt of Ridings Cons. Engg. is ₹11 Crs as of Mar-22.
This is greater than Mar-21 when it was ₹10.3 Crs.
Yes, profit is increasing.
The profit of Ridings Cons. Engg. is ₹0.03 Crs for Mar 2022, ₹0.02 Crs for Mar 2021 and -₹10.45 Crs for Mar 2020
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ridings Cons. Engg. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances