A Holistic Look At Kaiser Aluminum Corporation (NASDAQ:KALU)

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Kaiser Aluminum Corporation (NASDAQ:KALU) 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 KALU, it is a dependable dividend-paying company 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 understanding where the figures come from and want to see the analysis, read the full report on Kaiser Aluminum here.

Established dividend payer with adequate balance sheet

KALU's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that KALU manages its cash and cost levels well, which is a crucial insight into the health of the company. KALU appears to have made good use of debt, producing operating cash levels of 0.37x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NasdaqGS:KALU Historical Debt, August 26th 2019
NasdaqGS:KALU Historical Debt, August 26th 2019

KALU 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.

NasdaqGS:KALU Historical Dividend Yield, August 26th 2019
NasdaqGS:KALU Historical Dividend Yield, August 26th 2019

Next Steps:

For Kaiser Aluminum, I've put together three key factors you should further examine:

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

  2. Historical Performance: What has KALU'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.

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