Yahoo Finance Looking At Zytronic plc (LON:ZYT) From All Angles
Zytronic plc (LON:ZYT) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ZYT, 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. For those interested in digger a bit deeper into my commentary, take a look at the report on Zytronic here.
Flawless balance sheet average dividend payer
ZYT's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that ZYT has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. ZYT's has produced operating cash levels of 686x total debt over the past year, which implies that ZYT's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that ZYT is one of the highest dividend payers in the market, with current dividend yield standing at 6.7%. ZYT has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Zytronic, there are three fundamental factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for ZYT’s future growth? Take a look at our free research report of analyst consensus for ZYT’s outlook.
Historical Performance: What has ZYT'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 ZYT? 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.
