FIVE LARGE CAP STOCKS WITH ZERO DEBT TO EQUITY RATIO

The debt to equity ratio is an Important aspect we need to look into while investing in any company. The debt to equity ratio of a company is calculated by dividing the company’s total liabilities by it’s shareholder equity. It simply gives us an idea about how much debt the company uses to run its business. Generally, a debt to equity ratio less than 1 is considered to be a good value. 

Here are few large cap companies who have managed to keep their debt to equity ratio to zero value.

    1. SBI Life Insurance Company Ltd

SBI Life Insurance is one of the most prominent life insurance companies in India. The company was incorporated in 2000 as a Joint venture between State Bank of India and French financial institution BNP Paribas Cardif. Today, SBI Life have nearly 1000 offices, around 20000 employees and more than 1 lakh insurance agents and a widespread bancassurance network of 14 partners with around 30000 partner branches.

2. Bharat Electronics Ltd

Bharat Electronics Limited is an aerospace and defence electronics company owned by the Indian Government. BEL was established in 1954 to meet the specialized electronic equipment requirements of the Indian Army, Navy and Airforce. BEL designs, develops and manufactures a wide variety of electronic products like Electronic Voting Machines, VVPAT, Radios, Repeaters, Radars, Sonar Systems, Encryption products, Fire control devices, Laser Range finders, Traffic Signals, Semiconductors, Tank Electronics, etc.

3. Procter & Gamble Hygiene and Health Care Ltd

 

Procter & Gamble Hygiene & Healthcare Ltd. Was incorporated in the year 1964 and it is one of the fastest growing consumer goods companies in India. They are engaged in the manufacturing and selling of various baby care, feminine care, fabric care, hair care, grooming and personal health care products. Their portfolio includes Pampers, Ariel, tide, Whisper, Vicks, Gillette, head & Shoulders, Oral-B, etc. 

4. HDFC Asset Management Company Ltd

HDFC Asset Management Company Ltd is one of the largest mutual fund management company in India. HDFC AMC was started in 1999 as a joint venture between Housing Development Finance Corporation (HDFC) Ltd and Standard Life investments Ltd. HDFC AMC offers a comprehensive suite of savings and investment products to its large retail and institutional customer base.

5. CRISIL Ltd

CRISIL (Credit Rating Information Services of India) is an analytical company which provides ratings, data, research, and risk and policy advisory services. CRISIL was incorporated in India in 1987 as India’s first credit rating agency and is a subsidiary of American Company S&P Global. Their clients range from micro, small and medium companies to large corporates, investors, commercial and investment banks, insurance companies, asset management companies, etc.