Attractive stocks have exceptional fundamentals. In the case of Essel Propack Limited (NSE:ESSELPRO), there’s is a well-regarded dividend-paying company 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. If you’re interested in understanding beyond my broad commentary, read the full report on Essel Propack here.
Excellent balance sheet established dividend payer
ESSELPRO’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 a crucial insight into the health of the company. ESSELPRO appears to have made good use of debt, producing operating cash levels of 0.48x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Income investors would also be happy to know that ESSELPRO is a great dividend company, with a current yield standing at 1.1%. ESSELPRO has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Essel Propack, there are three important factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for ESSELPRO’s future growth? Take a look at our free research report of analyst consensus for ESSELPRO’s outlook.
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Historical Performance: What has ESSELPRO’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 ESSELPRO? 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.