5 Profitable Mid Cap Basic Materials Stocks With Little Debt

Too much debt creates a heavy, sinking feeling. When a company is operating with little to no debt, management is not bogged down with developing strategies for getting in the clear. Instead, they can focus on profit and growth. This was the mind frame behind our scan for mid cap basic materials stocks today. All of the companies in our list have strong profits and little or no debt. We think you will be intrigued by what we found.The debt/equity ratio illustrates how aggressively a company is financing its growth via debt. The more debt financing that is used in a capital structure, the more volatile earnings can become due to the additional interest expense. Should a company's potentially enhanced earnings fail to exceed the cost associated with debt financing over time, this can lead the company toward substantial trouble.The long-term debt/equity ratio is a variation of the
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