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Does The Data Make Enerflex Ltd. (TSE:EFX) An Attractive Investment?

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Attractive stocks have exceptional fundamentals. In the case of Enerflex Ltd. (TSE:EFX), there's is a company with great financial health as well as a a great history of performance. 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, read the full report on Enerflex here.

Excellent balance sheet with proven track record

EFX'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 implies that EFX manages its cash and cost levels well, which is an important determinant of the company’s health. EFX seems to have put its debt to good use, generating operating cash levels of 0.89x 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.

TSX:EFX Income Statement, May 22nd 2019
TSX:EFX Income Statement, May 22nd 2019

Next Steps:

For Enerflex, there are three pertinent factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for EFX’s future growth? Take a look at our free research report of analyst consensus for EFX’s outlook.

  2. Valuation: What is EFX worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether EFX is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of EFX? 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.

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