Does Diageo plc have too much debt?

Updated
Diageo spirit bottles and a pint of Guinness
Diageo spirit bottles and a pint of Guinness

Given that the demise of almost every company seems to be linked to lurid headlines about its crippling debt burden, you might at first blush worry about Diageo's (LSE:DGE) £9bn net debt load. But one Fool thinks it looks more than sustainable.

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Owain Bennallack owns shares of Diageo. The Motley Fool UK has recommended Diageo. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

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