McKesson Corporation (NYSE:MCK) 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 MCK, it is a notable 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. If you're interested in understanding beyond my broad commentary, read the full report on McKesson here.
Excellent balance sheet average dividend payer
MCK's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that MCK has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. MCK appears to have made good use of debt, producing operating cash levels of 0.65x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
MCK is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
For McKesson, I've compiled three relevant factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for MCK’s future growth? Take a look at our free research report of analyst consensus for MCK’s outlook.
- Historical Performance: What has MCK'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 MCK? 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 firstname.lastname@example.org. 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.