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Does the use of debt lower the profit margin and the company’s ROA

Does the use of debt lower the profit margin and the company’s ROA
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An increase in a firm's debt ratio, with no changes in its sales and operating costs, shall lower its profit margin on sales due to increase in Net Income due to higher increased burden of Interest cost on additional debt.

Profit Margin = Net Income /Net Sales

Similarly, An increase in a firm's debt ratio, with no changes in its sales and operating costs, shall lower its ROA due to increase in Net Income due to higher increased burden of Interest cost on additional debt.

Return On Asset = Net Income/Total Asset.

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