It does not make the sense for a slow-growth company to have a high debt ratio because high debt ratio is not considered good for the company as it would effect its creditworthiness.
A high debt ratio means a high risk investment because the business might not be able to make enough money to repay its debts.
If a debt ratio is more than 1.0 or 100% that means a company has more debt than its assets, which would effect its growth and efficiency.
Basically, It is not good for any company especially for slow-growth company to have high debt ratio.
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