In This Article:
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on ABB India Limited (NSE:ABB) due to its excellent fundamentals in more than one area. ABB is a notable dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on ABB India here.
Flawless balance sheet average dividend payer
ABB’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that ABB manages its cash and cost levels well, which is a key determinant of the company’s health. ABB’s has produced operating cash levels of 202x total debt over the past year, which implies that ABB’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 ABB is a great dividend company, with a current yield standing at 0.4%. ABB has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For ABB India, I’ve compiled three relevant aspects you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for ABB’s future growth? Take a look at our free research report of analyst consensus for ABB’s outlook.
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Historical Performance: What has ABB’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 ABB? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.