Published on 22 Sep 2019 on Simply Wall St. via Yahoo Finance
UltraTech Cement (NSE:ULTRACEMCO) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk. It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. Importantly, UltraTech Cement Limited (NSE:ULTRACEMCO) does carry debt. But the more important question is: how much risk is that debt creating?
When Is Debt A Problem?