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Should Investors Be Concerned About Home Depot's Multi-Billion Dollar Debt?

TheMotleyFool

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Should Investors Be Concerned About Home Depot's Multi-Billion Dollar Debt?: https://g.foolcdn.com/editorial/images/764630/hd_debt_chart.png

Home improvement specialist Home Depot (NYSE: HD) is one of the nation's largest retailers, a stalwart by almost any definition. It's also carrying a lot of debt: $37.5 billion in long-term liabilities as of the quarter ending Oct. 29. 2023.

That's a lot -- but simply knowing the amount doesn't tell us if that much debt is good, bad, or indifferent. So let's take a closer look.

I think "How much debt does Home Depot have" is actually the wrong question. Let me explain.

Source Fool.com

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