In This Article:
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
Alphageo (India) Limited (NSE:ALPHAGEO) 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 ALPHAGEO, it is a dependable 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 digging a bit deeper into my commentary, read the full report on Alphageo (India) here.
Excellent balance sheet average dividend payer
ALPHAGEO's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that ALPHAGEO manages its cash and cost levels well, which is a key determinant of the company’s health. ALPHAGEO seems to have put its debt to good use, generating operating cash levels of 2.12x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.
ALPHAGEO’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 2.1%.
Next Steps:
For Alphageo (India), there are three essential factors you should further research:
-
Future Outlook: What are well-informed industry analysts predicting for ALPHAGEO’s future growth? Take a look at our free research report of analyst consensus for ALPHAGEO’s outlook.
-
Historical Performance: What has ALPHAGEO'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.
-
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of ALPHAGEO? 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.