In This Article:
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Attractive stocks have exceptional fundamentals. In the case of China Aviation Oil (Singapore) Corporation Ltd (SGX:G92), there's 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 digger a bit deeper into my commentary, take a look at the report on China Aviation Oil (Singapore) here.
Flawless balance sheet average dividend payer
G92'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 suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. G92 currently has no debt on its balance sheet. This implies that the company is running its operations purely on off equity funding. which is typically normal for a small-cap company. Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.
For those seeking income streams from their portfolio, G92 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.3%.
Next Steps:
For China Aviation Oil (Singapore), there are three key factors you should further research:
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Future Outlook: What are well-informed industry analysts predicting for G92’s future growth? Take a look at our free research report of analyst consensus for G92’s outlook.
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Historical Performance: What has G92'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 G92? 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.