Question: Is NMDC Debt Free?

Is TCS debt free?

Tata Consultancy Services (TCS) is the largest and the most valuable debt-free company followed by Hindustan Unilever, ITC and Infosys and Maruti Suzuki.

Besides, most of the Indian subsidiaries of global multinationals, including those in sectors such as capital goods, are debt-free..

How do I find out if a company is debt free?

Here is exactly what you need to do to find the list of debt free companies in India using Screener website:Go to the screener.Login with your credentials (email id and password)Scroll down to find the query builder.In the query builder, write the following: … Run the query.More items…•

Which Indian companies are debt free?

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…•

Is ITC a good long term investment?

ITC has been consistently growing year after year since 2000 till year 2019. Its Market Value was just 18 thousand crore in year 2000. Last year 2019, ITC was worth 3.63 lac crore ! The above chart shows its consistent growth for past 19 years.

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 Facebook Debt Free?

By 2021 the company could be approaching an Apple-like $100 billion in cash, and unlike Apple, Facebook has no long-term debt.

Is ITC a zero debt company?

Company is virtually debt free. Stock is providing a good dividend yield of 6.13%.

Which company has the most debt?

AT&T is no longer just a phone company. After the purchase in 2015 of Direct TV and the acquisition of Time Warner in 2018, the telecommunications giant was left with a net debt in the neighborhood of $180 billion and the not-so-coveted title of most indebted company in the world.

Why is Infosys not in debt?

Infosys is a debt-free company. It doesn’t have any outstanding debt or fixed deposits. The company presently generates sufficient cash internally to finance all its operational, financing and investment requirements.

Which company is debt free?

debt free companiesS.No.NameSales Qtr Rs.Cr.2.Indian Energy Ex70.773.VST Industries300.334.Balaxi Ventures22.215.HDFC AMC456.2522 more rows

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 is virtually debt free?

Company has cash reserves in excess of the loans it has taken. Companies take loan for saving tax or for maintaining some working capital cash flow obligations. Such comes are called virtually debt free because they can offset their cash reserves with outstanding loan at any point of time.

Which company has highest debt?

Top Companies in India by Debt – BSESrCompanyDebt1SBI Add to Watchlist Add to Portfolio3556276.382HDFC Bank Add to Watchlist Add to Portfolio1292130.833Bank of Baroda Add to Watchlist Add to Portfolio1039053.744ICICI Bank Add to Watchlist Add to Portfolio

Which is the safest share to buy?

Seven safe stocks to considerBerkshire Hathaway. … The Walt Disney Company. … Vanguard High-Dividend Yield ETF. … Procter & Gamble. … Vanguard Real Estate Index Fund. … Starbucks. … Apple.

Is Dmart debt free?

Adjusting for depreciation, the retailer made Rs 480-crore cash profit in the quarter. At this rate, the company may have a significant cash balance by the end of FY20, with negligible or no net debt.

How much is Apple in debt?

Based on Apple’s balance sheet as of May 1, 2020, long-term debt is at $89.09 billion and current debt is at $20.42 billion, amounting to $109.51 billion in total debt. Adjusted for $40.17 billion in cash-equivalents, the company’s net debt is at $69.33 billion.

Who is the fastest growing company in India?

SynopsisRankBrand NameFounding Year1One 97 / Paytm20102GoBOLT20153Saankhya Labs20064Razorpay201310 more rows•Feb 1, 2020