Is Codan Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Codan Ltd pays dividends. Last time was Wednesday 18th of September 2024 where the investors holding the stock on Tuesday 3rd of September 2024 were paid $0.12 per share. Over the last 42 times between 2004 and 2024, Codan Ltd has paid $2.225 with an average of $0.05 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Codan Ltd 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $5.65, you would have made a profit of $9.96 per share or 176.28%
Yes, the average daily trading liquidity for Codan Ltd is $395 404 thousand. You should therefore be able to get in and out of your positions relatively fast.
Codan Ltd has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.05, the company's ability to pay off the debt is good. Codan Ltd has a good net profit margin of 14.79% and should have high tolerances against inflation.
We have calculated the inflation risk for Codan Ltd to be low [0.25 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.