Is Wipro A Debt Free Company?

Is Heg a debt free company?

HEG has shrunken its total debt levels in the last twelve months, from ₹6.8b to ₹3.0b .

Additionally, HEG has produced ₹5.9b in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 197%, indicating that HEG’s debt is appropriately covered by operating cash..

What companies are debt free?

List Of Debt-Free CompaniesCompany NameTickerComposite RatingPayPalPYPL99Ulta BeautyULTA93PaccarPCAR92Intuitive SurgicalISRG827 more rows•May 13, 2019

Is it good for a company to have no debt?

Companies without debt don’t face this risk. There are no required payments, no threat of bankruptcy if the payments aren’t made. Therefore, debt increases the company’s risk. Some people say that all companies should have some debt.

Is ITC a zero debt company?

Company is virtually debt free. Stock is providing a good dividend yield of 6.07%.

What is a debt free company?

A debt free company is a company which has zero debt on its balance sheet. … A zero debt company, has more control on its finances as they don’t have an outside loan to service. Thus, they are fast in execution and more self reliant about decision making.

Which are the debt free companies in India?

Top Debt Free Companies in India 2020Hindustan Unilever.HDFC Life Insurance.SBI Life Insurance.ICICI Prudential Life Insurance.HDFC AMC.Bajaj Holdings & Investment Limited (BHIL)SKF India.Maharashtra Scooters.More items…•