|Buy-Rated Stocks Top 10 Buy-Rated Stocks Under $5|
NEW YORK ( TheStreet) -- Companies struggle with debt in the same way families across the U.S. do, with some managing it better than others. If a company is profitable, its funding mix may not have an impact. But for investors on the hunt for inexpensive stocks, debt can be a serious overhang if a company is too overleveraged. The following 10 large-cap stocks, ranked by total debt load, have a market cap above $1 billion and trade below $5.
10. DryShips ( DRYS) is a dry-bulk shipping company based in Greece. The stock has fallen more than 30% in 2010 and more than 45% over the last year. Closing Price: $3.89 (June 9) Total Debt: $2.62 billion Debt to Equity Ratio: 1.06 Recent Developments: Much like its country of origin, DryShips is working to manage its debt load the best it can. In the most recent quarter, DryShips reduced both its long-term and short-term debt, although the company is still staring down a large maturity in 2013. The company has seen its stock plummet recently due to continued uncertainty about the initial public offering for its drilling spinoff following the Gulf of Mexico oil spill.