7Seas Entertain balance sheet is weak and might have solvency issues

The net debt of 7Seas Entertain is decreasing.
Latest net debt of 7Seas Entertain is -₹4.37 Crs as of Sep-24.
This is less than Mar-24 when it was -₹1.95 Crs.

Yes, profit is increasing.
The profit of 7Seas Entertain is ₹1.36 Crs for TTM, ₹0.96 Crs for Mar 2024 and ₹0.43 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.
7Seas Entertain latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances