Shalby's Financial Results Show Negative Trends, MarketsMOJO Gives 'Strong Sell' Call

Shalby, a smallcap company in the hospital and healthcare services industry, recently declared its financial results for the quarter ending September 2024. However, the results have not been positive, with a score of -37, a significant decrease from -22 in the last three months.

The company's operating profit to interest ratio has been consistently falling in the last five quarters, indicating a deteriorating ability to manage interest payments. The profit before tax less other income has also seen a sharp decline of -82.44% year on year, with a negative trend in the near term. The same can be seen in the profit after tax, which has fallen by -87.7% year on year and has been consistently decreasing in the last five quarters.

The inventory turnover ratio, which measures the pace of selling inventory, has also been on a downward trend, with the lowest at 3.65 times in the last five half yearly periods. The company's interest costs have also been on the rise, indicating increased borrowings.

Shalby's operating profit and profit before tax have also hit their lowest in the last five quarters, with a negative trend in the near term. The company's non-operating income is also high, which may not be a sustainable business model in the long run. The earnings per share have also decreased, indicating declining profitability and lower returns for shareholders.

Moreover, the company's debt-equity ratio is at its highest in the last five half yearly periods, indicating increased borrowing to fund its operations. The debtors turnover ratio has also slowed down, indicating a delay in settling debts.

Based on these financial results, MarketsMOJO has given a 'Strong Sell' call for Shalby's stock. Investors should carefully consider these factors before making any investment decisions.