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Vivo Bio Tech balance sheet is weak and might have solvency issues
The debt of Vivo Bio Tech is decreasing.
Latest debt of Vivo Bio Tech is ₹56.51 Crs as of Sep-24.
This is less than Mar-24 when it was ₹70.53 Crs.
The profit is oscillating.
The profit of Vivo Bio Tech is ₹6.96 Crs for TTM, ₹2.53 Crs for Mar 2024 and ₹2.65 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.
Vivo Bio Tech latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress, Short Term Loans & Advances