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Tips Industries Limited (NSE:TIPSINDLTD): Commentary On Fundamentals

Simply Wall St

Attractive stocks have exceptional fundamentals. In the case of Tips Industries Limited ( NSE:TIPSINDLTD ), there's is a company with great financial health as well as a a great track record of performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digging a bit deeper into my commentary, take a look at the report on Tips Industries here .

Flawless balance sheet with solid track record

TIPSINDLTD delivered a bottom-line expansion of 66% in the prior year, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, TIPSINDLTD also outperformed its industry, which delivered a growth of 15%. This is an optimistic signal for the future. TIPSINDLTD's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that TIPSINDLTD manages its cash and cost levels well, which is an important determinant of the company’s health. TIPSINDLTD seems to have put its debt to good use, generating operating cash levels of 5.11x 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:TIPSINDLTD Income Statement, August 25th 2019

Next Steps:

For Tips Industries, I've compiled three important aspects you should further research:

  1. Future Outlook : What are well-informed industry analysts predicting for TIPSINDLTD’s future growth? Take a look at our free research report of analyst consensus for TIPSINDLTD’s outlook.
  2. Valuation : What is TIPSINDLTD worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether TIPSINDLTD is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TIPSINDLTD? 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.