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A Look At The Go-Ahead Group plc’s (LON:GOG) Exceptional Fundamentals

I’ve been keeping an eye on The Go-Ahead Group plc (LON:GOG) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe GOG has a lot to offer. Basically, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my high-level commentary, read the full report on Go-Ahead Group here.

Excellent balance sheet established dividend payer

GOG’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that GOG manages its cash and cost levels well, which is a key determinant of the company’s health. GOG appears to have made good use of debt, producing operating cash levels of 0.4x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

LSE:GOG Historical Debt December 16th 18

GOG’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 6.3%.

LSE:GOG Historical Dividend Yield December 16th 18

Next Steps:

For Go-Ahead Group, I’ve compiled three key aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for GOG’s future growth? Take a look at our free research report of analyst consensus for GOG’s outlook.
  2. Historical Performance: What has GOG’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 GOG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.