Should You Consider Navin Fluorine International Limited (NSE:NAVINFLUOR)?

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Attractive stocks have exceptional fundamentals. In the case of Navin Fluorine International Limited (NSE:NAVINFLUOR), there’s is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Navin Fluorine International here.

Flawless balance sheet average dividend payer

NAVINFLUOR’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that NAVINFLUOR has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. NAVINFLUOR seems to have put its debt to good use, generating operating cash levels of 20.07x 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.

NSEI:NAVINFLUOR Historical Debt, June 27th 2019
NSEI:NAVINFLUOR Historical Debt, June 27th 2019

Income investors would also be happy to know that NAVINFLUOR is a great dividend company, with a current yield standing at 1.1%. NAVINFLUOR has also been regularly increasing its dividend payments to shareholders over the past decade.

NSEI:NAVINFLUOR Historical Dividend Yield, June 27th 2019
NSEI:NAVINFLUOR Historical Dividend Yield, June 27th 2019

Next Steps:

For Navin Fluorine International, there are three key aspects you should further research:

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