In This Article:
I’ve been keeping an eye on T.V. Today Network Limited (NSE:TVTODAY) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe TVTODAY has a lot to offer. Basically, 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 understanding where the figures come from and want to see the analysis, take a look at the report on T.V. Today Network here.
Flawless balance sheet established dividend payer
TVTODAY’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 indicates that TVTODAY has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. TVTODAY seems to have put its debt to good use, generating operating cash levels of 21.38x 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.
Income investors would also be happy to know that TVTODAY is a great dividend company, with a current yield standing at 0.7%. TVTODAY has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For T.V. Today Network, I’ve put together three essential factors you should further research:
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Future Outlook: What are well-informed industry analysts predicting for TVTODAY’s future growth? Take a look at our free research report of analyst consensus for TVTODAY’s outlook.
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Historical Performance: What has TVTODAY’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 TVTODAY? 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.