Regal Entertainment balance sheet is weak and might have solvency issues

The debt of Regal Entertainment is decreasing.
Latest debt of Regal Entertainment is ₹0.16 Crs as of Sep-24.
This is less than Mar-24 when it was ₹0.17 Crs.

The profit is oscillating.
The profit of Regal Entertainment is ₹0 Crs for Mar 2024, -₹0.03 Crs for Mar 2023 and -₹0.01 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.
Regal Entertainment 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