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Balmer Lawrie & Co. Ltd. (NSE:BALMLAWRIE) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of BALMLAWRIE, it is a highly-regarded dividend payer 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, take a look at the report on Balmer Lawrie here.
Flawless balance sheet established dividend payer
BALMLAWRIE's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that BALMLAWRIE has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. BALMLAWRIE appears to have made good use of debt, producing operating cash levels of 1.63x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
BALMLAWRIE’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 5.1%.
Next Steps:
For Balmer Lawrie, I've compiled three important factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for BALMLAWRIE’s future growth? Take a look at our free research report of analyst consensus for BALMLAWRIE’s outlook.
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Historical Performance: What has BALMLAWRIE'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 BALMLAWRIE? 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.