According to AfroCentric Investment Corporation latest financial reports the total debt is $40.15M, an increase of 6.95% to 2022. At the end of 2022 company had $37.54M total debt. This figure represents the debts and financial obligations that AfroCentric Investment Corporation combine short-term debt, long-term debt, and other fixed payment obligations (such as capital leases) of a business that are incurred while under normal operating cycles.
Year | Total debt | Change |
---|---|---|
2023 | $40.15M | 6.95% |
2022 | $37.54M | -18.87% |
2021 | $46.27M | 81.39% |
2020 | $25.51M | -29.23% |
2019 | $36.05M | - |