In This Article:
I've been keeping an eye on GAIL (India) Limited (NSE:GAIL) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe GAIL has a lot to offer. Basically, it is a highly-regarded dividend payer that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on GAIL (India) here.
Excellent balance sheet established dividend payer
GAIL is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that GAIL has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. GAIL's has produced operating cash levels of 3.59x total debt over the past year, which implies that GAIL's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, GAIL is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.1%, making it one of the best dividend companies in the market.
Next Steps:
For GAIL (India), there are three pertinent aspects you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for GAIL’s future growth? Take a look at our free research report of analyst consensus for GAIL’s outlook.
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Historical Performance: What has GAIL'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 GAIL? 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.