Return on Debt (ROD) is a helpful but often overlooked ratio utilized to determine how much profit a company is generating per every $1 of debt on its holds. The ratio is certainly not as sexy or fashionable as Return on Equity (ROE) or Return on Capital (ROC) that are commonly used by most wall street professionals. However, it doesn’t mean the ratio doesn’t has its place or value. Since we tend to work with clients that are highly leveraged or are seeking to take on high am