Dylan Michel

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a low Debt/Equity ratio is a good thing. In fact, you’ll find many companies that have a Debt/Equity ratio of zero. At the same time, you’ll find numerous companies that have a Debt/Equity ratio of 5 or higher. For a company that has a Debt/Equity ratio of 5, that means it’s got 5 times more debt than it has equity in the business.
Warren Buffett's Three Favorite Books
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