It also depends on what profit is used to repay the loan. The loan only shows that the company has the financing ability. The stock price reflects the economic strength of the enterprise. The stock price finally reflects the value of the stock. The value of the stock depends on the profitability of the company. When the benefit of financing is greater than the financing cost, the profit of the enterprise can be increased, which will eventually be reflected in the rise of the stock price; When the income generated by financing is less than the financing cost, there will be losses instead of gains, which will eventually lead to a decline in the stock price.

So the key depends on the effect of the use of funds, not just the financing ability of the loan itself.