Balance sheet of Ather Energy is strong.
It shouldn't have solvency or liquidity issues.

The debt of Ather Energy is decreasing.
Latest debt of Ather Energy is -₹580.6 Crs as of Mar-24.
This is less than Mar-23 when it was ₹133 Crs.

No, profit is decreasing.
The profit of Ather Energy is -₹1,059.7 Crs for Mar 2024, -₹864.5 Crs for Mar 2023 and -₹344.1 Crs for Mar 2022

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Ather Energy latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Accounts Receivable, Short Term Loans & Advances