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Balance sheet of Cargotrans Maritime is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Cargotrans Maritime is increasing.
Latest debt of Cargotrans Maritime is -₹1.07 Crs as of Mar-24.
This is greater than Mar-23 when it was -₹2.45 Crs.
Yes, profit is increasing.
The profit of Cargotrans Maritime is ₹2.34 Crs for Mar 2023, ₹2.12 Crs for Mar 2022 and ₹1.15 Crs for Mar 2021
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Cargotrans Maritime 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