Alerts will be sent to your verified email
Verify EmailSMEL
Sungold Media&Enter balance sheet is weak and might have solvency issues
The net debt of Sungold Media&Enter is decreasing.
Latest net debt of Sungold Media&Enter is -₹1.42 Crs as of Mar-25.
This is less than Mar-24 when it was -₹0.57 Crs.
Yes, profit is increasing.
The profit of Sungold Media&Enter is ₹0.03 Crs for Mar 2024, ₹0.02 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.
Sungold Media&Enter 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, Short Term Loans & Advances