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Maybe "wary" was a bad word choice. How about "hesitant"? Welcome to my world of pessimism...

Per the Fool's snapshot page:
LT Debt/Equity (MRQ) 0.02
Total Debt/Equity (MRQ) 0.03

Now, I am new at this but aren't these numbers low? I realize it is a good thing to be able to totally cover your debt - if the number was a very high whole number that would mean that debt outweighs equity and the company may have trouble repaying loans - but what about the number being too low?

You see, I may be putting too much into what someone wrote previously about TDW not investing in new equipment even as old equipment deprecitates out, but, it seems that TDW may be underutilizing their borrowing power. I don't know how to check this, but, if they are almost fully depreciated on their equipment, with low interest expense on loans (also from the Fool's snapshot page), they are going to take a serious hit when and if they do finally get around to investing in new rigs, etc.

Or course, I may be specualating from total misinformation. One should never trust hearsay.
- Shari
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