TAKKT AG (ETR:TTK) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of TTK, it is a dependable 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. For those interested in understanding where the figures come from and want to see the analysis, read the full report on TAKKT here.
Flawless balance sheet average dividend payer
TTK'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 TTK has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. TTK appears to have made good use of debt, producing operating cash levels of 0.52x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
TTK's high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.
For TAKKT, I've compiled three important factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for TTK’s future growth? Take a look at our free research report of analyst consensus for TTK’s outlook.
- Historical Performance: What has TTK'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 TTK? 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.