An Examination Of CSR Limited (ASX:CSR)
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Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on CSR Limited (ASX:CSR) due to its excellent fundamentals in more than one area. CSR is a notable dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on CSR here.
Flawless balance sheet average dividend payer
CSR's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that CSR manages its cash and cost levels well, which is a crucial insight into the health of the company. Looking at CSR's capital structure, the company has no debt on its balance sheet. This means it is running its business only on equity capital funding, which is typically normal for a small-cap company. CSR has plenty of financial flexibility, without debt obligations to meet in the short term, as well as the headroom to raise debt should it need to in the future.
CSR’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 7.8%.
Next Steps:
For CSR, I've put together three relevant factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for CSR’s future growth? Take a look at our free research report of analyst consensus for CSR’s outlook.
Historical Performance: What has CSR'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 CSR? 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.
