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Time Technoplast Limited (NSE:TIMETECHNO) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of TIMETECHNO, it is a notable dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Time Technoplast here.

Excellent balance sheet established dividend payer

TIMETECHNO's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that TIMETECHNO manages its cash and cost levels well, which is a key determinant of the company’s health. TIMETECHNO's has produced operating cash levels of 0.36x total debt over the past year, which implies that TIMETECHNO'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 TIMETECHNO is a great dividend company, with a current yield standing at 1.0%. TIMETECHNO has also been regularly increasing its dividend payments to shareholders over the past decade.

Next Steps:

For Time Technoplast, I've put together three fundamental factors you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for TIMETECHNO’s future growth? Take a look at our free research report of analyst consensus for TIMETECHNO’s outlook.

2. Historical Performance: What has TIMETECHNO'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.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TIMETECHNO? 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.