Which Indian Companies Are Debt Free?

Is Maruti debt free company?

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

Most of the debt-free companies are in sectors such as fast-moving consumer goods, consumer durables, IT services, pharmaceuticals and automotive..

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 almost debt free. Stock is providing a good dividend yield of 4.80%.

Does FB have debt?

You can click the graphic below for the historical numbers, but it shows that Facebook had US$277.0m of debt in December 2019, down from US$500.0m, one year before. But on the other hand it also has US$54.9b in cash, leading to a US$54.6b net cash position.

How much cash does FB have?

How much cash are the five tech giants holding?CompanyCash, Cash Equivalents, and Marketable Securities (Most Recent Quarter)Growth (Year-Over-Year)Microsoft$137.6 billion5%Alphabet$117.2 billion3%Facebook$60.3 billion33%Amazon$49.3 billion(10%)1 more row•May 4, 2020

Why is Netflix in debt?

Netflix chooses to finance its business with more debt to optimize its cost of capital. And, frankly, that’s already saying a lot since many businesses don’t know or care to calculate their cost of capital. As mentioned above, content costs make Netflix a high capex business.

Is Jio debt free?

RIL raised more than Rs 168,818 crore in just 58 days through Rs 115,693.95 crore collected from investors in Jio and another Rs 53,124.20 crore from a rights issue. … With these investments, RIL has become net debt-free.”

Is Ashok Leyland debt free?

Commercial vehicle manufacturer Ashok Leyland Ltd. is expected to be a debt-free company in two years’ time, as it expects a pick-up in volumes from the third quarter of FY21, a top company executive said. “The company brought down its net debt by ₹1,200 crore to ₹3,076 crore.

What companies are debt free?

Here are 7 companies with no debt you need to know about:Intuitive Surgical (NASDAQ:ISRG)Pinterest (NYSE:PINS)Monster Beverage (NASDAQ:MNST)DraftKings (NASDAQ:DKNG)Lululemon Athletica (NASDAQ:LULU)Progyny (NASDAQ:PGNY)Fastly (NYSE:FSLY)

Is Zero Debt good for a company?

Advantages of debt-free firms By having less debt or zero debt, companies send a signal to the outside word that they are able to manage their funding requirements predominantly through internally generated cash and thus they are cash-rich firms.

Which airline has the least debt?

SouthwestSouthwest has the least amount of debt, just $4 billion compared with $17 billion at Delta.