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Balance sheet of GE Shipping is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of GE Shipping is increasing.
Latest debt of GE Shipping is -₹2,504.4 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹6,750.51 Crs.
Yes, profit is increasing.
The profit of GE Shipping is ₹2,886 Crs for TTM, ₹2,614 Crs for Mar 2024 and ₹2,575 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.
GE Shipping latest dividend payout ratio is 19.82% and 3yr average dividend payout ratio is 19.41%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments