As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Inter Parfums, Inc. (NASDAQ:IPAR), it is a well-regarded 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 digging a bit deeper into my commentary, read the full report on Inter Parfums here.
Excellent balance sheet average dividend payer
IPAR'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 IPAR has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. IPAR seems to have put its debt to good use, generating operating cash levels of 1.97x 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.
For those seeking income streams from their portfolio, IPAR is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.7%.
For Inter Parfums, I've put together three relevant factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for IPAR’s future growth? Take a look at our free research report of analyst consensus for IPAR’s outlook.
- Historical Performance: What has IPAR'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 IPAR? 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 email@example.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.