Watson Software balance sheet is weak and might have solvency issues

The net debt of Watson Software is decreasing.
Latest net debt of Watson Software is ₹0.19 Crs as of Mar-07.
This is less than Mar-06 when it was ₹0.2 Crs.

The profit is oscillating.
The profit of Watson Software is ₹0 Crs for Mar 2007, ₹0 Crs for Mar 2006 and ₹0 Crs for Mar 2005

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

Companies resources are allocated to majorly unproductive assets like Accounts Receivable