Quick Answer: Which Company Is Debt Free?

How much debt is Amazon 2020?

Total AssetsJun 2020Cash & Short-Term Investment71.77 BTotal Debt90.67 BTotal Liabilities184.59 BTotal Shareholder’s Equity73.73 B7 more rows.

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 share is best to buy in India?

List of best stocks SLCompanyPrice1Transpek Industry1,660.02Rites254.33Excel Industries900.74GM Breweries406.06 more rows

Is L&T debt free?

L&T had a consolidated debt of Rs 1.24 trillion as of March 2019, with the finance cost of Rs 9,354 crore last year. … Hence, L&T Finance’s debt should not be considered while looking at L&T’s debt. Our standalone debt after reducing cash is not high for the size of the organisation.

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 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 udaan profitable?

A three-year-old startup, Udaan raised $585 million, valuing itself at about $2.8 billion. IndiaMART, which is more established, has revenue almost 7 times of Udaan and is profitable. … According to media reports, Udaan did revenue of ₹65 crore and incurred a loss of ₹60 crore in FY18.

Which companies are debt free in India?

Top Debt Free Companies in IndiaHindustan 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 Amazon a debt free company?

While it does have liabilities worth noting, Amazon.com also has more cash than debt, so we’re pretty confident it can manage its debt safely. … Happily for any shareholders, Amazon.com actually produced more free cash flow than EBIT over the last three years.

Is ITC debt free company?

Pros: Company is virtually debt free. Stock is providing a good dividend yield of 5.23%.

Is AWS bigger than Amazon?

AWS had operating income of $7.3 billion for 2018 to Amazon North America’s $7.27 billion. … For the fourth quarter, Amazon North America delivered more operating income than AWS–$2.25 billion to $2.18 billion. AWS, with a year-over-year net sales growth of 47 percent, grew faster than the other business segments.

Is Maruti debt free?

Maruti Suzuki India Ltd is principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts. The other activities of the Company comprise facilitation of pre-owned car sales, fleet management and car financing. Pros: Company is virtually debt free.

Which sector will grow in next 10 years?

Information Technology (IT)FMCG (Fast-moving consumer goods)Housing finance companies.Automobile Companies.Infrastructure.Bonus: Pharmaceuticals Stocks.

Is TCS a debt free company?

That means it doesn’t take debt or cash into account. In theory, a company can lower its future P/E ratio by using cash or debt to invest in growth.

Which is fastest growing company in India?

SynopsisRankBrand NameAbsolute revenue growth1One 97 / Paytm6,891%2GoBOLT4,449%3Saankhya Labs4,353%4Razorpay3,945%10 more rows•Feb 1, 2020

Which companies have the most cash?

Top 10 companies with largest cash reserves in the world8- Oracle, $35.7 billion. … 7- Ford, $37.3 billion. … 6- Amazon, $43.7 billion. … 5- Facebook, $52.3 billion. … 4- Apple, $100.6 billion. … 3- Alphabet, $121.2 billion. … 2- Berkshire Hathaway, $128.2 billion. … 1- Microsoft, $136.6 billion. Microsoft has the largest cash reserve of any company in the world.More items…•

How much is Apple’s 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.

Is Castrol a good buy?

Motilal Oswal has given a buy rating to Castrol India with a target price of Rs 185. The share price moved up by 1.34 per cent from its previous close of Rs 126.45. The stock’s last traded price is Rs 128.15.