Kewaunee Scientific Corporation (NASDAQ:KEQU): Commentary On Fundamentals

Attractive stocks have exceptional fundamentals. In the case of Kewaunee Scientific Corporation (NASDAQ:KEQU), there’s is a dependable dividend payer 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. If you’re interested in understanding beyond my broad commentary, read the full report on Kewaunee Scientific here.

Excellent balance sheet average dividend payer

KEQU’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that KEQU has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. KEQU’s has produced operating cash levels of 0.23x total debt over the past year, which implies that KEQU’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NasdaqGM:KEQU Historical Debt, August 13th 2019
NasdaqGM:KEQU Historical Debt, August 13th 2019

Income investors would also be happy to know that KEQU is one of the highest dividend payers in the market, with current dividend yield standing at 4.7%. KEQU has also been regularly increasing its dividend payments to shareholders over the past decade.

NasdaqGM:KEQU Historical Dividend Yield, August 13th 2019
NasdaqGM:KEQU Historical Dividend Yield, August 13th 2019

Next Steps:

For Kewaunee Scientific, I’ve compiled three fundamental factors you should look at:

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