Singapore Technologies Engineering (SGX:S63) Seems To Use Debt Quite Sensibly By April 04, 2021 Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. We note that Singapore Technologies Engineering Ltd (SGX:S63) does have debt on its balance sheet. But is this debt a concern to shareholders?