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Balance sheet of Arihant Academy is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Arihant Academy is increasing.
Latest net debt of Arihant Academy is -₹23.74 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹39.73 Crs.
The profit is oscillating.
The profit of Arihant Academy is ₹1.14 Crs for TTM, ₹1.55 Crs for Mar 2024 and ₹1.49 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.
Arihant Academy latest dividend payout ratio is 39.12% and 3yr average dividend payout ratio is 39.12%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments