Akzo Nobel N.V. (AMS:AKZA) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of AKZA, it is a notable 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 Akzo Nobel here.
Excellent balance sheet average dividend payer
AKZA's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that AKZA has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. AKZA’s debt-to-equity ratio stands at 37%, which means its debt level is acceptable. This implies that AKZA has a healthy balance between taking advantage of low cost debt funding as well as sufficient financial flexibility without succumbing to the strict terms of debt.
Income investors would also be happy to know that AKZA is a great dividend company, with a current yield standing at 2.9%. AKZA has also been regularly increasing its dividend payments to shareholders over the past decade.
For Akzo Nobel, there are three essential factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for AKZA’s future growth? Take a look at our free research report of analyst consensus for AKZA’s outlook.
- Historical Performance: What has AKZA'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 AKZA? 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 email@example.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.