I’ve been keeping an eye on Alm. Brand A/S (CPH:ALMB) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe ALMB 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. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on Alm. Brand here.
Adequate balance sheet average dividend payer
With a debt-to-equity ratio of 21%, ALMB’s debt level is reasonable. This indicates a good balance between taking advantage of low cost funding through debt financing, but having enough financial flexibility and headroom to grow debt in the future. ALMB’s has produced operating cash levels of 1.45x total debt over the past year, which implies that ALMB’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
ALMB’s high dividend payments make it one of the best dividend stocks on the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.
For Alm. Brand, I’ve put together three relevant factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for ALMB’s future growth? Take a look at our free research report of analyst consensus for ALMB’s outlook.
- Historical Performance: What has ALMB’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 ALMB? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
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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.