Arunis Abode's Financial Results Raise Concerns for Investors

Aug 09 2024 09:02 PM IST
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Arunis Abode, a microcap finance/NBFC company, has reported its lowest net profit in the last five quarters at Rs -0.23 cr. The company's high debt to equity ratio and low return on equity and assets raise concerns for investors. MarketsMojo has given a 'Sell' call for the company's stock, indicating a negative sentiment towards its performance.
Net Profit - Quarterly: Lowest at Rs -0.23 cr. in the last five quarters.Near term Net Profit trend is negative.
Total Debt to Equity - Quarterly: Highest at 1.08 in the last five quarters. This indicates that the company has a high level of debt compared to its equity, which can be a cause for concern for investors.
Return on Equity (ROE) - Quarterly: Lowest at -0.06% in the last five quarters. This shows that the company is not generating enough profits from the money invested by shareholders.
Return on Assets (ROA) - Quarterly: Lowest at -0.04% in the last five quarters. This indicates that the company is not utilizing its assets efficiently to generate profits.

Despite these challenges, Arunis Abode remains a microcap company in the finance/NBFC industry. It is important to note that the company's stock has been given a 'Sell' call by MarketsMOJO, indicating a negative sentiment towards its performance.

Investors should carefully consider these financial results before making any decisions regarding Arunis Abode. It is important to note that this article is based on factual information and does not include any external data or sources. As always, it is recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.
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