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I've been keeping an eye on Balaji Amines Limited (NSE:BALAMINES) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe BALAMINES has a lot to offer. Basically, it is a notable dividend-paying company that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, read the full report on Balaji Amines here.
Flawless balance sheet average dividend payer
BALAMINES's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that BALAMINES has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. BALAMINES's has produced operating cash levels of 0.73x total debt over the past year, which implies that BALAMINES's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that BALAMINES is a great dividend company, with a current yield standing at 0.7%. BALAMINES has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Balaji Amines, there are three key aspects you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for BALAMINES’s future growth? Take a look at our free research report of analyst consensus for BALAMINES’s outlook.
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Historical Performance: What has BALAMINES's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BALAMINES? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.