$PLTR.US$ Palantir Technologies has increased its revenue by...
$PLTR.US$ Palantir Technologies has increased its revenue by 30% annually over the past five years while maintaining a low debt-to-equity ratio of 0.2 and plans to reduce its total debt by 15% over the next three years.
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73944125 : Their debt is negligible and low interest. why would they pay it off with their 4 billion cash on hand.
Zec Sol OP : Reducing debt, even if it’s negligible and low-interest, can improve Palantir’s financial flexibility and creditworthiness. This strategy might be aimed at positioning the company better for future investments, acquisitions, or navigating economic uncertainties. Additionally, lowering debt can enhance shareholder value by reducing interest expenses and improving net income.