Does BHP Billiton plc have too much debt?

If you have a squeamish constitution then you might well want to sturdy yourself before casting a glance at BHP Billiton(LSE: BLT)'s debt load -- the company owes a whopping $26 billion! But one Fool argues this undeniably massive burden needs to be taken in context.

///>

One of our top analysts has put together a BRAND-NEW free report for 2016 called A Top Growth Share From The Motley Fool, featuring a mid-cap firm enjoying strong growth that looks set to continue. To find out its name and why we like it for free and without any obligations, click here now!

Owain Bennallack owns shares of BHP Billiton. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.