Debt Free Companies : Debt Free Stocks
Debt refer to borrowered money company takes for running the business. Debt raised for various reasons like day to day work, working capital requirements etc. Debt is obligations which need to repay regularly. These repayments shuld be managed carefully with the company as it impacts companies financals.
Advantage of Debt Free companies
There are many companies which dont raise debt for thier requirements. However, opt for other possible ways to fund there requirements. These companies are considered as stable companies.
These debt free companies are safer for investment as they neither have intrest burden nor to pay any regular repayments obligations. Hence, have a cash rich firms.
During economis slowdown, due to NO DEBT their profiitablity is not affected.
IT Companies manage their operations through thier own funds and generally dont require debt.
10 Debt Free Stocks
- Infosys Ltd.
- HDFC AMC
- IGL
- L&T
- Whirlpool India
- ACC Ltd.
- Bata India Ltd.
- Dr. Lal Pathlabs Ltd.
- Castrol India Ltd.
- Just Dial
Disclaimer : No recommendation to buy or sell. this is for education purpose only.
