but the control of an asset that counts. Although debt ratio is something to be watched carefully it is noty a crime to finance rather than pay cash. Lets suppose that you had money to pay cash for a truck. You also could utilize a front end loader tractor or skid steer to improve productivity, sales and profitability. If debt wasn't out of control I'd vote finance both rather than pay cash for a truck. Second scenario, pay cash for a walk behind or finance it and buy a bed edger machine as well. I'm going with the mower and the bed edger. This whole business thing is about what's in it for me or what's the bottom line. Being debt free is not alway's what is best. Being in control of debt so financial obstacles are not fatal in the case of a big contract loss or economic downturn is important as well.