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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 Cipla Limited (NSE:CIPLA), it is a highly-regarded dividend payer 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 broad commentary, take a look at the report on Cipla here.
Excellent balance sheet established dividend payer
CIPLA's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that CIPLA manages its cash and cost levels well, which is a crucial insight into the health of the company. CIPLA's has produced operating cash levels of 0.34x total debt over the past year, which implies that CIPLA's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
CIPLA 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.
For Cipla, there are three important factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for CIPLA’s future growth? Take a look at our free research report of analyst consensus for CIPLA’s outlook.
- Historical Performance: What has CIPLA'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 CIPLA? 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.