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

Home improvement specialist Home Depot (HD 0.28%) 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.How much debt does Home Depot have compared to its peers?I think "How much debt does Home Depot have" is actually the wrong question. ...