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Balance sheet of Sumitomo Chemical is strong.
It shouldn't have solvency or liquidity issues.
The debt of Sumitomo Chemical is decreasing.
Latest debt of Sumitomo Chemical is -₹641.88 Crs as of Sep-24.
This is less than Mar-24 when it was -₹366.12 Crs.
The profit is oscillating.
The profit of Sumitomo Chemical is ₹517 Crs for TTM, ₹370 Crs for Mar 2024 and ₹502 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.
Sumitomo Chemical latest dividend payout ratio is 79.69% and 3yr average dividend payout ratio is 34.47%
Companies resources are majorly tied in miscellaneous assets