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to answer this question, simply look at tech debt - the analogy. you take debt to enable faster access to something. in keeping with the analogy, every busines
by parentheses 6y ago
to answer this question, simply look at tech debt - the analogy. you take debt to enable faster access to something.
in keeping with the analogy, every business has a different appetite for debt. the debt to equity ratio of your current position should keep you able to take on debt when you need to. the debt should never get so great that it cannot be paid down. being without debt is holding a position that doesn’t leverage your ability to take debt.