Helping You Build Wealth With Honest Research
Since 1996. Try Now

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Investment in securities market are subject to market risks. Read all the related documents carefully before investing

2 Stocks to BUY
As Nifty50 Heads Towards 40,000


Get Full Details


**Important: We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
**By submitting your email address, you also sign up for Profit Hunter, a daily newsletter from Equitymaster
covering exciting investing ideas and opportunities in India.

AD

Debt Free Penny Stocks

Penny stocks are famous for generating extremely fast returns. On the other hand, they are equally infamous for falling just as quick. Thus, posing a high risk to your portfolio.

However, they can be good investments, provided they are fundamentally strong penny stocks and have good growth prospects.

One way to filter out strong companies is to look at their debt levels. Debt free stocks are considered safe because these companies are insulated against interest rate changes.

These companies usually are cash-rich and use retained earnings as their primary source of funding.

Though debt free penny stocks have become synonymous with safe investments, no debt on the books have little to do with the profitability and long-term growth of a company.

Hence, investors should be careful while analysing such companies.

Since you’re interested in debt free companies, have a look at these debt free penny stocks with good profitability.

Also check out Equitymaster’s powerful stock screener where you can start your search by filtering debt free companies along with your filtered criteria.


6 Penny Stocks with Solid Growth and Zero Debt

Mar 10, 2023

Penny stocks which have a decent balance sheet, low or zero debt and a track record for paying consistent dividend fare much better against their peers.

10 Important Facts About Indian Penny Stocks

Oct 11, 2022

This is what you must know as a penny stock investor.

5 Debt Free Penny Stocks with Good Profitability to Watch Out for in 2022

Jul 27, 2022

Debt free penny stocks are vital when it's a question of portfolio diversification in a volatile market. They can potentially offer good profitability in the long run.

4 Debt Free Penny Stocks that Deserve Your Attention

Feb 23, 2022

These penny stocks can help investors get stable returns in a volatile market.

5 Penny Stocks That Could Announce Big Dividends This Year

Mar 2, 2023

These penny stocks have a history of making regular payouts and they also have decent financials.

5 Indian Penny Stocks with Good ROE and ROCE to Watch Out for in 2023

Sep 6, 2022

These 5 Indian penny stocks are fundamentally strong and come with high growth potential.

6,000% Gains in a Year. What's Driving these Penny Stocks?

Jun 1, 2022

In penny stock investing, it's very important to distinguish between good penny stocks that are investment worthy and the ones that are highly speculative.