Definition of Debt load:
Business: The total sum of debt obligations reflected on the balance sheet of a company. When compared with a companys equity position, an indication of its general financial health.
Debt load refers to the total amount of debt that a company is carrying on its books. This can be found on the company's balance sheet.
The best way to think about the debt load a company is carrying is in relation to its assets or equity. In absolute terms, a large company is likely to be carrying a large amount of debt. But relative to its assets or equity, the debt may be small.
Personal: The amount of secured and unsecured debt a person owes that is considered by lenders for determining creditworthiness.
Meaning of Debt load & Debt load Definition